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Showing 1191 - 1200 of 7105 results for "December"

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... Crescent Wealth. The class action against OTR is ongoing, with the Federal Court approving a timeline for proceedings in December 2021.

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... to findings from the Association of Superannuation Funds of Australia (ASFA). ASFA's Retirement Standard for the December 2021 quarter indicates that couples aged around 65 living a comfortable retirement need to spend $64,771 per year and singles ...

Foundation rolls out financial literacy program for students

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... interactive learning experience," she said. A recent survey commissioned by Ecstra of 2049 Australians conducted over December 2021 to January 2022 found that over half of teachers (52%) have not taught financial education at school. The survey also ...

AustralianSuper appoints retirement solutions lead

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
... solutions effective February. Strano led Club Plus Super for five years before in merged with AustralianSuper in early December 2021, which contributed $3.2 billion to the merged entity's funds under management. AustralianSuper is in the process ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... $16.50 on the back of the news Douglass would be taking leave. Earlier in February, the share price was above $20. In December 2021, the company's share price took a significant hit after UK wealth firm St James' Place pulled a $19 billion mandate. Magellan's ...

Pinnacle hires retail distribution lead

KARREN VERGARA  |  MONDAY, 7 FEB 2022
... time at ING Australia and MLC. Pinnacle recently reported a net profit after tax of $40.1 million in the half-year to December 2021. Total NPAT for the period jumped 32% year on year, with some $6.4 million emanating from performance fees. Pinnacle now ...

MLC Life names head of fund partnerships

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
... partnerships with superannuation funds this year." Puli is also a new addition to the group insurance team, having joined in December 2021. He was previously chief executive of ESSSuper, a role he held for more than a decade. His appointment at MLC Life ...

Acquisitions bolster Kelly Partners results

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Several acquisitions bolstered the performance of Kelly Partners in the six months to December, the latest financial results show. The ASX-listed group saw a 25% increase in revenue to $30.9 million, thanks to its acquisition spree which contributed ...

Hamish Douglass takes leave of absence

CHLOE WALKER  |  MONDAY, 7 FEB 2022
... the ASX. The leave of absence comes as Magellan reports a loss of almost $2 billion in its funds under management since December 31. Douglass' decision to step away sees the return of Magellan co-founder Chris Mackay to oversee the portfolio management ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... a very high rate of return or satisfactory rate of return on your money." Magellan shareholders suffered a tumultuous December quarter, fearing what the loss of a major mandate and troubles at the executive level meant for their investments. UK wealth ...