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Showing 1231 - 1240 of 12429 results for "General"

Vale Michael Murray

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
Australian Ethical is honouring its head of domestic equities Michael Murray, following his sad passing last week. Sharing the news, Australian Ethical chief executive and managing director John McMurdo offered his heartfelt condolences to Murray's ...

ASIC lifts ClearView interim stop order

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... The two products offer an income replacement ratio of up to 60%. The interim stop order affected IP distributed through general advice only and did not affect advisers who provide personal advice. ASIC has thus far issued 39 interim stop orders for defective ...

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
AMP general manager of retirement solutions Ben Hillier has emphasised the need to inspire more confidence in individuals approaching retirement. On a panel at a Financial Services Council (FSC) policy briefing on Thursday, Hillier said the predominant ...

FICAP 2023: Countdown is on

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
Preparations are underway for the 2023 'Who Wants to be a RockStar?', to be hosted by the Financial Industry Community Aid Program (FICAP) next week. After a four-year hiatus, FICAP's renowned Rockstar night is making a comeback, with all ...

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... lines that Westpac deemed to lack sufficient scale, being platforms, superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Jason Yetton was appointed to lead the review of each business and ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... September 2021. Before its suspension, FTX Australia's licence permitted it to deal in, make a market for and provide general advice relating to derivatives, and foreign exchange contracts to retail and wholesale clients. In the early months of 2022 ...

ASIC slaps interim stop order on ClearView

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... expires or through to age 65. Clearview Life is now prohibited from engaging in retail product distribution and providing general advice for the income protection products to new customers. The orders are valid for 21 days unless revoked earlier. ASIC ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
UniSuper achieved double-digit returns for FY23, revealing the shares that helped get it there and those that held it back. With more than $120 billion in assets under management, the fund returned 10.3% to members invested in the default Balanced option ...

TelstraSuper MySuper delivers 9.34%

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... Miller said the high interest rate environment was challenging for fixed interest and property investments, leading to a general softening in demand for these assets. "Our current central view is that interest rates have yet to peak, and we will likely ...

ClearView strengthens leadership team

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... Hicham Mourad has been promoted to chief technology officer. Hailing from BT Financial Group, he joined the firm in 2020 as general manager of information technology before being seconded to head the group's policy administration system transformation ...