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Showing 1351 - 1360 of 7034 results for "December"

Inflows slow at AMP North

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... billion in 2020 March quarter. The platform ended March with $53.4 billion in platform assets, up $1.7 billion from the December quarter. "We continue to improve the capabilities of North to support both AMP aligned and external financial advisers in ...

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... superannuation benefits. The latest development follows ASIC permanently banning Saad from providing financial services in December 2018 after the conduct was reported by Apogee. Saad was the sole director of Saad Wealth and was an authorised representative ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... "Global GDP growth is now projected to be 5.6% this year, an upward revision of more than 1 percentage point from the December OECD Economic Outlook" - and the IMF's 'World Economic Outlook Update, January 2021' - "Policy Support and Vaccines ...

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
... three years' time that should be conducted by ASIC. The review should be completed by 30 June 2022, but no later than 31 December 2022, Hayne said, and look at areas like how effective regulation has been in improving the quality of advice and the safe ...

JANA chief investment officer resigns

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
... After 23 years with JANA, chief investment officer Steven Carew has resigned. He announced he would leave the firm in December 2021 to pursue other interests. A replacement for Carew has not yet been announced, with JANA saying it will use the remaining ...

Rest launches low-cost SRI option

JAMIE WILLIAMSON  |  TUESDAY, 20 APR 2021
... cheapest SRI options on the market. As reported by Financial Standard, Rest surveyed a random sample of members back in December 2020 to better align the investment option with their values. The survey was sent to 647,218 members, with the fund receiving ...

Best MySuper options by risk-adjusted returns

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... risk-adjusted rank for MySuper options, incorporating their average percentile scores in Sharpe, Sortino and Omega risk ratios to December end. Sharpe ratio is a measure of return per unit of risk; Sortino ratio is returns per unit of downside risk ...

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... business Fidante Partners and internal and external manager CIP Asset Management, grew to $99.7 billion (9% growth over December quarter). Fidante Partners accounted for $78.8 billion of the $99.7 billion total FUM. Its boutique partners attracted $5.5 ...

Former Aon Hewitt adviser banned

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
... has been banned following ASIC surveillance. He was an authorised representative of Aon Hewitt from February 2009 to December 2018. The regulator's investigation found that between 2014 and 2017, Hills allowed or authorised misleading and inaccurate ...

HUB24 FUA up on acquisitions

ANNABELLE DICKSON  |  TUESDAY, 20 APR 2021
... working together to build a future operating model. HUB24's combined market share has now increased by 1.85% to 4.3% as at December 2020. The teams are now distributing products to new and existing clients. "Distribution and product teams are now aligned ...