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Showing 1171 - 1180 of 4023 results for "January"

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... Shares fell 2.6% on the downgrade, wiping US$34 billion from Apple's market value. "Our quarterly guidance issued on January 28, 2020 reflected the best information available at the time as well as our best estimates about the pace of return to work ...

T. Rowe Price shutters local fund

KANIKA SOOD  |  MONDAY, 17 FEB 2020
... Asian stocks. It had a stellar last year, delivering 22.24% while the benchmark returned 14.60% to the 12 months ending January 2020. However, at the end of January, it also took the decision to terminate the Aussie vehicle. Redemptions and applications ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... the world economy. But more to the point, and that point is... the US-China "phase one" trade deal signed on the 15th of January 2020 went into effect a day after heart's day. February 15 marked the day when Washington and Beijing put concrete action ...

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... it passes, advisers will be given an additional year to complete the FASEA-approved exam, meaning they'll have until 1 January 2022 instead of 1 January 2021. Advisers that have to meet FASEA's qualification requirements will have until 1 January ...

AustralianSuper secures corporate mandate

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... financing and management services. AustralianSuper announced the change to McMillan Shakespeare employees at the end of January, noting that employees who are current AustralianSuper members would be transitioned into their new Select fund in March 2020. ...

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
... Sentiment rose 2.3% to 95.5 in February from 93.4 in the previous month. The NAB business confidence index improved to -1 in January 2020 from a 6-1/2-year low of -2 in December 2019. It is likely that the Reserve Bank of Australia's (RBA) optimism ...

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... wealth manager also announced AMP Group chief risk officer Jenny Fagg has resigned. Fagg joined AMP's leadership team in January 2018 ahead of the Royal Commission and will depart on April 3. AMP said Fagg leaves with the group's best wishes, having ...

QSuper member drags board to court, loses

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... case was adjourned in SCT) and in December, 2013 agreed to pay a TPD benefit from the date of Chapman's unemployment, January 2011. However, Chapman wasn't satisfied and lodged a complaint with SCT again in May 2016 (the reason for the three-year ...

BT fund to wind up

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... has declined in popularity because the natural customer base has largely disappeared." The fund has been around since January 1968 and closed to new investors in 2012. Total funds under management at the end of last year sat at $29 million. A recent ...

AMPFPA action progresses, associations merge

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
... government." The Small Business Ombudsman asked AMP to mediate with up to 250 advice practices ahead of Christmas. At the end of January it again urged the institution to meet with advisers. This has progressed, with Macdonald saying some members have ...