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Showing 1271 - 1280 of 4024 results for "January"

Grandfathering phase out tussle continues

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... business is planning to phase out grandfathered remuneration throughout 2020 to ensure compliance with the government's 1 January 2020 deadline. "We are aiming for mid-year implementation, but a date hasn't been confirmed yet," the spokesperson said. ...

MLC hires from Perpetual Private

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... accounts business, hiring a Perpetual Private general manager. Jason Komadina starts as MLC's managed accounts lead on 29 January 2020. He will report to general manager for strategic initiatives and growth Sharon Davis, who was NAB Asset Management's ...

Continued calls for code compliance extension

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
... was purely relief from registration and recording. Compliance with the Code still applies for financial planners from January 1," Marshan said. "This creates an issue given the Financial Adviser Standards and Ethics Authority has acknowledged they need ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... illness) and TPD cover's premium will reduce by 22%. For income protection, the premiums will come down by 20%. Starting January 1, Virgin Money Super will also increase its allocation to growth assets, such as shares, by 5% in three options: the LifeStage ...

Vanguard appoints head of superannuation

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... Lovett will return to Melbourne from Vanguard's US head office to lead Vanguard Australia's planned superannuation offer in January 2020. Lovett will leave his role on Vanguard's Financial Adviser Services team in the US, where he has been leading the ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... expectations for a 5.4% gain. Worse, fixed asset investment growth slowed to 5.2% - its weakest reading on record - in the January to October period to CNY51.1 trillion from 5.4% in the period between January and September this year. The PBOC would have ...

Media Super winds up income investment option

ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
... profile to that of Income Plus. If members do not switch their Income Plus balance to a different option by the end of January next year they will be defaulted into the balanced MySuper option. Pension members will have to notify Media Super of the allocation ...

Nuveen switches up executive team

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... of real estate for the Asia Pacific region. Current president Jose Minaya will move into the role of chief executive in January 2020 when current chief executive Vijay Advani becomes executive chairman. Taking the top spot, Nuveen said Minaya will lead ...

Registration deadline extended: ASIC

ELIZABETH MCARTHUR  |  THURSDAY, 14 NOV 2019
... advisers were not able to register with ASIC-approved compliances schemes. The original deadline for registering was 1 January 2020. ASIC has now granted a three-year exemption to all AFSLs to ensure that financial advisers are covered by a compliance ...

Fee hike at government super fund

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
... public sector employees in South Australia, has informed members of some schemes that their admin fees will rise from 1 January 2020. Members in Triple S, Super SA Select and Flexible Rollover Product currently pay a flat $1.35 per week as the administration ...