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Showing 1261 - 1270 of 6512 results for "Jul"

Munro Partners launches climate fund

ANNABELLE DICKSON  |  WEDNESDAY, 3 NOV 2021
The investment manager alongside GSFM launched a new fund that provides exposure to companies benefiting from the move to decarbonisation. The Munro Climate Change Leaders Fund is available to Australian retail investors and is a portfolio of companies ...

Adviser exits continue, industry recruits 50

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
Only 50 financial advisers joined the financial advice industry in the year to September, as Rainmaker analysis shows that the total population has dwindled to 19,238. Rainmaker's latest Financial adviser report reveals an 11% year-on-year drop in the ...

David Atkin to lead PRI

JAMIE WILLIAMSON  |  TUESDAY, 2 NOV 2021
The former Cbus chief has been appointed the new chief executive of the Principles for Responsible Investment, replacing Fiona Reynolds. David Atkin will take over as chief executive of the PRI on December 10, following Reynolds' decision to step ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
Commonwealth Bank pleaded guilty to 30 criminal charges relating to misselling consumer credit insurance. The charges were brought by ASIC and relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance ...

Major legislations hit parliament

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
Two major pieces of legislation have been introduced in parliament, including the Compensation Scheme of Last Resort. The scheme facilitates the reimbursement of up to $150,000 to compensate consumers affected by bad personal advice, credit intermediation ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
The government has moved on its election promise to scrap the $450 threshold for superannuation. Minister for superannuation, financial services, the digital economy and women's financial security Jane Hume said a bill introduced to Parliament yesterday ...

Centuria, MAF make joint acquisition

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
Centuria Capital Group and MA Financial Group (MAF) have partnered to acquire an office site in Adelaide. Both groups will take a 50% interest in 25 Grenfell Street in the Adelaide CBD for $83.3 million each. The 24-level office building will be jointly ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
APRA has found instances of expenditure by superannuation funds that does not meet the best financial interests of members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing ...

Superhero raise takes it across the ditch

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
Share trading platform Superhero will take the $40 million it has raised this year to expand into New Zealand by mid-2022. The start-up recently raised $15 million to take the overall amount it has raised since 2018 to $48 million. The latest round ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%. The Financial Adviser Standards and Ethics Authority's latest examination statistics show that more than 1300 candidates sat ...