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Showing 1221 - 1230 of 5874 results for "July"

Spaceship hits $1bn in total assets

KANIKA SOOD  |  TUESDAY, 27 JUL 2021
... total assets, after more than doubling the number in the last year. Its total assets more than doubled from $415 million in July last year to $1 billion now, while total customer base has grown four times in two years to 200,000. The firm says its most ...

Governance Institute of Australia names chair

KARREN VERGARA  |  TUESDAY, 27 JUL 2021
... chief executive as its new chair. Pauline Vamos joined the national membership association for governance professionals in July. She replaces Andrew Leake, who was president and chair for eight months. Vamos has a litany of board and executive positions ...

Advice association shutters

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... the EGM went ahead, with members voting overwhelmingly against it. The group then went quiet before emerging as the UFAA in July 2019, saying it was looking to grow its membership to 2500. In June 2020, the UFAA called on members to boycott the FASEA ...

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... falling over means for each companies' bottom line will be provided in their second quarter earnings calls. Aon's call is on July 30 and WTW's on August 3.

CommIF ups hospital stake

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
... Royal Adelaide Hospital on behalf of CommIF, taking its total interest in the hospital to 27.21%. The acquisition closed on July 23 and follows the recently completed $2.2 billion refinancing of the public-private partnership with the South Australian ...

BTFM, Asgard Capital fined $3m

KARREN VERGARA  |  MONDAY, 26 JUL 2021
... from the customers' accounts. BTFM and ACML apologise that these errors occurred." "The issue was self-reported to ASIC in July 2017 and customers have been contacted and remediated between 2017-2018. BTFM and ACML accepted the allegations and did not ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... criminal conduct for charging fees for no service in relation to its BOLR Policy and for making misleading statements. In July, the corporate regulator and Commonwealth Director of Public Prosecutions announced that AMP was not involved in any wrongdoing ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
... outbreak remained the focus of attention in Australia. The daily case of infections in Greater Sydney surged to 136 on Friday (July 23) - the highest number since the this year's outbreak - prompting the NSW premier Gladys Berejiklian to announce ...

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... years have materialised. Of particular concern is the number of advisers leaving the industry, which stood at 19,544 as of July 1. The formula is driven by the "denominator", meaning that as more advisers exit, the higher the levy the remaining advisers ...

Advisers overlook home equity release strategies

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
... Boost looked at the Statement of Advice of 15 licensees and 1980 financial advisers. Of the 5000 SOAs produced between 1 July 2019 to 15 May 2021, not one mentioned a home equity release or reverse mortgage as a strategy for consideration. The most dominant ...