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Showing 1281 - 1290 of 3879 results for "February"

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... is consistent with the latest China PMI readings. The official NBS Manufacturing PMI dropped to a reading of 35.7 in February from 50.0 in the previous month. This is the lowest level on record and is below market expectations for a decline to 46.0. ...

Madison advisers loyal amid sale

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
... Capital's Chinese lender forced it into administration after a default on making interests payments on a loan. At February 27, it had 107 advisers, according to ASIC FAR's most recent dataset. Madison is solvent, despite the concurrent sale of ...

Raiz defends double fee

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... stronger position compared with businesses that only generate income form fees relating to FUM. "The decline in total FUM in February was significantly less than the 8% decline in the ASX200," Lucas said. "This was assisted by the increased propensity ...

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
... Media Super in recent months. In mid-November last year the fund notified members its income plus option would close on February 5. This was as a result of the ongoing low bond yield market environment impacting the distributable income, with Media Super ...

Cbus overhauls insurance offering

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... death cover, Cbus said. The changes follow increases to the administration fees paid by Cbus members at the beginning of February. The fund is also making a raft of changes to the actual offering, with members to be able to choose the level of TPD cover ...

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
... development in the Sargon saga. Raiz has appointed Perpetual Corporate Trust as its new independent custodian, effective from February 27 this year. "Perpetual Corporate Trust is a respected and leading provider of custody services," Raiz said. "Perpetual ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... tomorrow, and the market should price in the chance of a 50bps easing. "Since the Reserve Bank of Australia last met in early February, there have been three significant developments," Ord Minnett said. "First, the distribution of risks to global and ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... has emerged as another party owed money, joining OneVue, according to minutes of the first creditors meeting held on February 13. HUB24 is owed about $4 million, secured against one of the companies. It has appointed Anthony Sommer of Minter Ellison. ...

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... super system. At the same time, others are asking, 'If not now, when?'. By the time the consultation window closed on February 3 - Financial Standard understands several late submissions will be accepted by the review secretariat - the submissions of ...

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... regulator originally warned investors against AGM, OT and Ozifin after obtaining interim injunctions against the firms in February 2018. Nine months later, the regulator cancelled AGM's financial services license and banned a former AGM director from ...