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Showing 1171 - 1180 of 7033 results for "December"

February 2022 adviser exam dates released

KARREN VERGARA  |  MONDAY, 20 DEC 2021
... also facilitated the exam administration for the Financial Adviser Standards and Ethics Authority, which shuts down on December 31. "We are working with ACER to finalise Sitting 17, Sitting 18, and Sitting 19 of the financial adviser exam for the remainder ...

Magellan loses significant mandate

ELIZABETH MCARTHUR  |  MONDAY, 20 DEC 2021
... $20.96 after the announcement on Monday morning. Magellan confirmed it was made aware the mandate would be terminated on December 17. St James' Place's mandate was a separate account, not an investment in any of Magellan's retail funds. Magellan said ...

Spirit Super purchases landmark site in Tasmania's largest property deal

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... Super chair Naomi Edwards said. "Tasmania is a critical part of the Spirit Super story with 109,900 members (as at 13 December 2021) in the state. "This development will not only yield income and capital growth for our members' retirement but will become ...

Disqualified adviser convicted of managing company

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... managing a corporation while disqualified. Melinda Scott, who was banned from managing corporations for 25 years until 2 December 2037, set up and ran Driven by Results, a chauffeur business, as the sole director, shareholder, and employee. ASIC alleges ...

BNP Paribas Securities Services chief executive to depart

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... will be finishing his time as BNP Paribas Securities Services Australia and New Zealand chief executive at the end of December 2021, as a result of a mutual agreement with BNP Paribas after six-and-a-half years in the role, the spokesperson said. Currently ...

Adviser population drops below 19,000

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... Rainmaker modelling of ASIC's Financial Adviser Register reveals that only 18,822 advisers are left as of yesterday, December 16. At the beginning of 2021, there were 21,103 practising advisers and precisely 2286 left the industry throughout the ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... In terms of fees, the data shows MySuper products have improved, but there is still a way to go for several funds. In December 2019, one quarter of MySuper products charged total fees and costs of more than $646 per annum on a $50,000 balance. This has ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... ultimately determined the merger was in members' best interests and the successor fund transfer was finalised on December 1. 10) IOOF to adopt new name, brand Following the integration of MLC Wealth, the 175-year-old wealth giant announced its intention ...

FSC names acting chief executive

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... Financial Services Council appointed an acting chief executive as it looks to replace Sally Loane, who steps down on December 23. Blake Briggs, currently the deputy chief executive of the FSC, will take the top job in the interim. Briggs joined as deputy ...

OnePath Custodians sued over fees for no service

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
... by ASIC. ASIC is alleging OnePath incorrectly charged more than $4 million in fees to more than 18,000 members between December 2015 and May 2020. It is alleged that in that period OnePath charged financial advice service fees of about $3.8 million to ...