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Showing 1171 - 1180 of 3878 results for "February"

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
... The results bring the average fall in the MySuper sector to -10% since the onset of the Corona Financial Crisis on 20 February. Rainmaker's advance SelectingSuper index is based on an analysis of 20 MySuper products offered by not-for-profit super ...

Platform cancels top 50 funds list

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... third for the Hargreaves Lansdown platform. Possibly contributing to the platform's decision to axe the top 50 list, in February the FCA wrote to chief executives of platforms about conflicts of interest. "Firms operating Best Buy lists must construct ...

Former AFSL director banned

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
... services for seven years, took effect in April. Morrison, from Ryde, NSW, was Olive Financials sole director between 20 February 2013 and 13 November 2019. ASIC found that Morrison failed to act in the best interests of the company's clients and is not ...

AMP hangs on to AFLPA mandate

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... from the AFL Fund, which last December notified members of its plans to replace AMP with industry fund Hostplus starting February 28. In June last year, AMP lost its mandate as default fund for Australia Post to AustralianSuper. AMP Australia chief executive ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... business's new owners. Status of the sale EY announced it had found a buyer for Sargon operating businesses in late February. However, two months later, it is yet to formally disclose the name and the price. And one of the people waiting for the ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
... themselves." Despite rising bourses, A Rich Life founder Claude Walker said he is still as bearish now as he was at the end of February. "Right now the market is supposedly looking through the lockdowns and seeing a brighter future when economies get ...

Former Spectrum Wealth, NAB advisers banned

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... of their clients, not simply implement their clients' instructions." Spectrum Wealth's licence was cancelled as of 14 February 2020 and is no longer providing financial services. Additionally, the regulator also banned former NAB adviser Alexander Thomas ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
... for meat". The RBA deemed this temporary, underscored by the revision in its June 2020 headline CPI forecast to 1.6% (February 2020 Statement on Monetary Policy) from 1.9% (November 2019 SoMP). Then COVID-19 this way came... igniting panic-buying (towards ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... next month, the company said in quarterly update released this morning. OneVue took control of Madison Group in early February from Sargon Capital, as the ASX-listed companies tries to recoup the $31 million that Phil Kingston's fast-growing company ...

Aussie funds bleed $4bn in March

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... with material net outflows in Australia as investors responded to global volatility, followed by a modest net outflow in February 2019 when the Royal Commission's findings were released. March outflows of over $3.8 billion beat them both but the redemptions ...