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Showing 1251 - 1260 of 5876 results for "July"

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... four-day pause between the sale of a principal product or service and the sale of an add-on insurance product. However, on July 8, Treasurer Josh Frydenberg provided numerous exemptions to the laws as the outcome of consultation with the industry. Classes ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
At its July 6 meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at 0.1% and retained the April 2024 bond as "the bond for the yield target" - against speculation that it would roll this over to the November 2024 bond. At the ...

Hostplus deal doesn't rule out a merger: Maritime

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... superannuation trust or PST -- in the same way we would buy units in any other pooled investment vehicle," Robertson said at the July 8 hearings. He added that while Hostplus took over manager selection and asset allocation, Maritime remains the trustee ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... over the last two years to ensure that DASS acts in clients' best interests at all time," EP1 said in ASX filings on July 9. On 4 September 2020, ASIC alleged a DASS representative failed to look after client's best interest, individual circumstances ...

FASEA scraps three-month rule

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
... Financial advisers will be given two opportunities to sit the exam before the end of the current transition period, either being July and November sittings or September and November sittings. All candidates who have been unsuccessful at any prior sitting ...

Fund managers failing value assessments: FCA

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
... justifying their fees, a review from the UK's financial services regulator reveals. A review of 18 fund managers between July 2020 and May 2021 by the Financial Conduct Authority found that active managers do not seriously consider how their investment ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... superannuation funds to argue against this excessive, unnecessary, and costly interference by the regulators," Anderson said. From July 1, new laws mandated all ongoing fee clients to receive a Fee Disclosure Statement each year, that sets out the services ...

AMP Life CIO moves to HESTA

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
... decade in investment roles at AMP Capital and was also head of global credit at QIC. Brunton officially starts in the role on July 26. HESTA chief investment officer Sonya Sawtell-Rickson said his recruitment supports the fund's investment strategy ...

SuperConcepts appoints chief executive

ANNABELLE DICKSON  |  WEDNESDAY, 7 JUL 2021
... December after Bourguignon's departure and while SuperConcepts recruited for her replacement. Christensen was made permanent on July 1. He joined SuperConcepts in 2006 and has worked in the SMSF industry for 15 years. He has experience across sales ...

FASEA maintains low pass rate

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
... results and provide guidance on preparing for the next sitting of the exam. There are over 2700 advisers booked in to sit the July exam.