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Showing 1211 - 1220 of 5876 results for "July"

First YFYS performance test results weeks away

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... APRA letter sent Friday. The first round covers MySuper products alone. Trustee-directed products will face the test from July 2022. In the July 30 letter, APRA said ahead of undertaking the first performance test, it will write to any RSE licensees ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... one. The weighted median CPI inflation sped up to 1.7% from 1.3%. The advance estimate of US GDP growth and the Fed's July FOMC meeting took centre stage last week. The US Bureau of Economic Analysis (BEA) reported that the country's GDP growth ...

Milford adds to team

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... plans," said Milford's head of Australian business Kristine Brooks, who joined from Zurich last year. The firm said the July hires complete its national distribution team. In May, Milford hired Murray Pell as head of wholesale distribution from Macquarie ...

IFM blames "unfounded" class action for Tandem worries

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... administration, according to IFM Investors chief executive David Neal. Neal was quizzed about the firm's investment into Tandem during July 29 parliamentary hearings. Tandem was founded in 2010 and provided contractors to telecommunications, media and ...

AFCA weeds out phony complaints

ELIZABETH MCARTHUR  |  FRIDAY, 30 JUL 2021
... from paid representees. We were very pleased to see the new licensing requirements come into place for these firms as at 1 July 2021."

AMP sued over corporate super misconduct

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... that are, or were at the time of the conduct, part of the AMP Limited group. The conduct is said to have taken place between July 2015 and April 2019, involving AMP Superannuation, AMP Life (now Resolution Life NZ), AMP Financial Planning, AMP Services ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... its duties as the promoter and trustee of MobiSuper. The court ordered Tidswell and ASIC into mediation. According to the July 27 judgement, Tidswell has applied to APRA to cancel its RSE licence. It will also pay $50,000 to cover ASIC's costs, which ...

PADUA accelerates distribution effort

KARREN VERGARA  |  THURSDAY, 29 JUL 2021
... within the BT investment solutions division. He reports to co-founder Matthew Esler who became joint-managing director in July. Kabilan Murugananthan has also joined the financial advice tech provider, as a business development manager. He was previously ...

WTW names local head of investments

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... O'Gorman is currently head of delegated and specialist solutions for investments for Australia. He has been with WTW since July 2015 and previously worked at QIC and management consulting and outsourcing firm Round Tower Solutions. WTW Asia Pacific ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... Perennial Investment Management, Regal Funds Management and Thorney Investment Group, take up a stake in the fintech. And, in July 2021, it launched $0 brokerage US trading.