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Showing 1361 - 1370 of 4461 results for "October"

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... another one or two more RBA rate cuts could turn the vicious cycle into a virtuous one? In fact, the last RBA rate cut in October 2019 induced more anxiety among us, Australians all. The hope is that Morrison's bushfire largesse - increased fiscal ...

UK regulator fined for pension failure

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
... processes to ensure all the required information is available to members and the 2019 governance statement (provided in October) was fully compliant," the FCA's statement read. In a statement also provided to FT, TPR said it was not afraid to take ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... the fifth day straight, down 1.6% or 453.93 points on Monday. The S&P 500 also fell 1.6% in its worst performance since October, while the Nasdaq had its worst day since August, dropping 1.9%. The Australian market did not escape unharmed. The ASX All ...

SMSF platform makes $25m acquisition

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... transferred in shares, escrowed for two years. Deferred payments of up to $5 million are expected to be paid in April and October this year on successful integration. The acquisition will be funded partly by a $10 million debt facility and partly by ...

Chief economist update: Coronavirus has gone viral

BENJAMIN ONG  |  TUESDAY, 28 JAN 2020
... recorded immediately after news that the US and China shook hands on a "phase one" trade deal - and the highest since October 2019 - the time when markets fretted over a synchronised global slowdown. Well, if the latest coronavirus scare is any indication ...

Fraudulent adviser cops ban, jail time

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... making false statements to clients and misappropriating funds. Nicholas Ellis was sentenced to three years in prison in October last year but has only now been permanently banned from providing financial advice. ASIC said that following his conviction ...

Meet the Sydney boutique beating Magellan's returns

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... Investment Management was set up in 2017 by Stephen Arnold and runs just one fund, which delivered 31.1% in the year to October end. This puts its one-year performance ahead of global equities competitors Hyperion Asset Management which tops three and ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... and responsibilities, which contributed to the bank's systemic problems with sales practices misconduct from 2002 until October 2016", with fines for the eight former employees amounting to US$58.5 million. "The misconduct of these individuals allowed ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... rate cut... and then lifted back up again. The November stats showed the unemployment rate falling to 5.2% from 5.3% in October, there were more jobs added in total (relative to December) and both full-time and part-time employment gained. In comparison ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... sentiment fell to 96.5 points, rose to a reading of 100.0 before starting to slide again to 98.2 in September and 92.8 in October. The RBA's October rate reduction failed to lift sentiment enough to lift the index above 100 -- or where optimists ...