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Showing 1181 - 1190 of 4024 results for "January"

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 ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... backed up by optimism and wherewithal to do so. According to Gallup's annual "Mood of the Nation" survey (conducted January): "Nearly six in 10 Americans (59%) now say they are better off financially than they were a year ago, up from 50% last year." ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... GDP growth was clocked at 2.9% (in the year to the June 2013 quarter), it slowed to 1.3% (September 2019 quarter). The January 2020 MPC forecasts estimate growth to slow to 1.25% for the full-year 2019 before slowing yet again to 0.75% this year. Similarly ...

Magellan cracks $100 billion

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
The global equities powerhouse cracked $100 billion at January end but no one at their offices is popping the champagne. Magellan reported its total funds under management as $104 billion at the end of January. Just one year ago, this number was about ...

Pro-bono advice program for bushfire affected launches

ELIZABETH MCARTHUR  |  THURSDAY, 6 FEB 2020
... out to financial planners to volunteer their professional expertise and time in the aftermath of the bushfires in early January and have been overwhelmed with the response we received from our members across Australia. Many of these planners live and ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... casualties, it's hard to refute that the financial advice industry has suffered most. According to Rainmaker analysis, at January end the ASIC Financial Adviser Register showed 23,473 active advisers. In the first week of February 2019 that figure stood ...

Asset manager to be liquidated

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... regulator said. The news comes after ASIC suspended the company's Australian financial service licence for six months in mid-January this year and by the end of the month had applied to have the company wound-up. A voluntary administrator was appointed ...

Perth advice firm folds

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... The main firm WAWM Holdings' liquidation was finalised late last month while WA Wealth Managers was liquidated in mid-January. Brendan Nixon, a partner at SM Solvency Accountants acted on the liquidation. The liquidators were able to recover a thin $20,480.77 ...

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
... more than 10% (the technical definition of a bear market) - WTI oil down 15.6%; Brent oil down 16.4% -- at the end of January 2020. To be sure, the oil market has turned from bull to bear and vice-versa (at least twice) over the past year, but the improving ...

Sargon companies in administration

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... Taiping Trustees has appointed McGrathNicol as administrator. The group also confirmed its chair, Robert Rankin, resigned on January 23. Rankin's resignation was intended before and not related to McGrath Nicol's appointment, Sargon said. None ...