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Showing 1271 - 1280 of 6476 results for "September"

IOOF fund operations lead departs

JAMIE WILLIAMSON  |  THURSDAY, 22 OCT 2020
... Group. This is just the latest in a series of changes at IOOF in recent times. First reported by Financial Standard on September 2, the group confirmed it would be restructuring and consolidating its licensees, creating two distinct businesses. The new ...

QInsure ramps up claims technology

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... straight-through processing and compliance checks for 50 organisations globally. QInsure went live with FINEOS Claims in September 2019, which integrated and automated the workflow for claims across life, total and permanent disability (TPD), and income ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
AMP has reported a tough September quarter that saw several clients exit, leaving many business units with lower cash flows. The latest quarterly update shows subsidiary AMP Capital lost $1.1 billion as a result of client redemptions and "run-off of ...

Alex Waislitz fails to block OneVue acquisition

KANIKA SOOD  |  THURSDAY, 22 OCT 2020
... McKeage's family investment vehicle will see a $15 million payday. Yesterday's poll was to approve Iress's revised September 28 offer to acquire OneVue at 43 cents per share - endorsed by the board but considered lowball by its biggest shareholder ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... second quarter - and, although down from the all-time high of 14.7% recorded in April 2020, remains elevated (7.9% in September). This could be because TINA (there is no alternative) FOMO (fear of missing out) remains in play. Low interest rates sparked ...

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... from 1.57% to 1.13%. The recent financial year saw the spend plunge 23% as performance fees went down during COVID-19. September quarter results saw 1.1% in returns, and 10-year performance now sits at about 9% p.a.

IFM Investors executive director departs

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... Australia, global relationships group has left a year after joining in the newly-created role. Nicki Ashton joined IFM in September last year. She was responsible for IFM's business development and investor relations agenda in Australia. Ashton will ...

APRA reduces ERS reporting for funds

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... the amount of information it requires funds to provide as part of the Early Release of Super reporting standards. From September 30, APRA said it will only require sections 6-8 of SRF 91.1: COVID-19 Pandemic Data Collection to be reported on a monthly ...

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
Australia's sovereign wealth fund grew 1.1% in the September quarter to $163 billion, but is down 1.8% year on year due to the impact of COVID-19 in the March quarter. Future Fund chair Peter Costello said the fund exists to strengthen the Commonwealth's ...

Societe Generale fined over client breaches

ANNABELLE DICKSON  |  WEDNESDAY, 21 OCT 2020
... approximately $500 million in client money from client segregated accounts. Count four took place between January 2015 and September 2016, when around $144,000 in bank fees and charges were withdrawn from the client-segregated accounts. These breaches ...