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Showing 1331 - 1340 of 4024 results for "January"

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... million shares equating to an 11% stake in common shares, the report reads. When Peabody's share price fell 95% between January 2011 and July 2015, IEEFA calculated BlackRock's loss amounted to US$2.3 billion. BlackRock responded, stating that ...

IPIF names investment lead, launches capital raise

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... individuals and self-managed superannuation funds. IPIF Core has delivered a performance of 7.9% a year since its inception in January 2016. The fund is invested in assets including Adelaide, Brisbane, Cairns, Melbourne and Perth airports as well as ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... US Treasury bond yields fell from 2.06% to 2.02% - they were 2.66% at the start of 2019 and reached a high of 2.78% in January. They've fallen below 2.0% to 1.86% on August 2. The headlines on that day focused on the markets' disappointment over ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... government will introduce legislation this week to end the payment of grandfathered commissions to financial advisers by 1 January 2021. Hume has previously worked in the financial services industry, including National Australia Bank, Rothschild Australia ...

ASIC reveals advice remediation progress

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... the corporate regulator began reviewing how the institutions identified and dealt with non-compliant advice between 1 January 2009 and 30 June 2015. FS - Report 515 customer remediation Infogram According to the entities - which reported their progress ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... government will introduce legislation this week to end the payment of grandfathered commissions to financial advisers by 1 January 2021. Federal Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology ...

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... Financial Adviser Register, there are now no advisers on Spectrum's books. Spectrum had 98 advisers under its licence in January this year - that number had dropped to 62 at the start of May and 33 by the end of May. About 32 of Spectrum's advisers have ...

ASIC sues ANZ over unlawful fees

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... gross loss to customers is in excess of $50 million for 1.3 million occasions of unlawfully charged fees, dated from 1 January 2008 to 23 February 2016. "At the heart of ASIC's action is the fact that ANZ continued to charge the fees during the 2003-2016 ...

Standard Life Assurance fined for hawking non-advised annuities

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... received a 30% discount on its penalty. The financial penalty otherwise would have been £43,989,300 ($78.32m). On 31 January 2017, SLA voluntarily agreed to conduct a past business review to identify and redress affected customers. It has paid about ...

Keybridge shareholder threatens board spill

KANIKA SOOD  |  TUESDAY, 23 JUL 2019
... Primary Securities which tried to topple it as the responsible entity for a listed fund in a rogue shareholder meeting on January 15. In January, activist investor Tim Staermose and Primary Securities arranged a meeting for the unitholders of the Aurora ...