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Showing 1371 - 1380 of 3876 results for "August"

Raiz hikes fees for low balances

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
Raiz Invest is bumping up fees for low-balance customers from 1 August 2019. Monthly maintenance fees will increase to $2.50 for active account balances of less than $10,000. For accounts with equal to or greater than $10,000, the account fee is unchanged ...

Super fund introduces further group insurance changes

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... for cover. CareSuper is moving from a unit-based cover for standard death and TPD insurance to an age-based cover from 1 August 2019, where members will be allocated a dollar amount of cover based on age and changes as they get older. Premiums for income ...

Bristol Street adviser banned

ELIZABETH MCARTHUR  |  FRIDAY, 28 JUN 2019
... in all instances," Press said. Muscat had been an authorised representative of Bristol Street Financial Services since August 2010. He has the right to appeal ASIC's decision to the Administrative Appeals Tribunal.

UK fund manager appoints local lead

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
... renewable-based investment products, including the Foresight Renewable Energy Income Fund (FREIF) which is set to launch in August. The wholesale fund will aim to capitalise on Australia's increased appetite for diversified investment strategies ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... rolled over into low interest rate term deposits, believing they were receiving the higher rate. Consultation is open until August 7 with the final regulatory guide expected in September. ASIC is seeking to understand the impact such powers will have ...

Australian Ethical chief executive to depart

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
... Gibbs, chair of the Australian Ethical board, will be acting chief executive following Vernon's departure at the end of August. Vernon said: "I am proud to have been part of such a special company that has been at the forefront of responsible investing ...

Super fund amends constitution

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
... superannuation governance. As a result, the fund will appoint two new independent directors and an independent chair in August, after the board agreed to amend the fund's constitution to enable the reform. The board will grow from eight seats to nine ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... both developed equities (+15.6%) and emerging markets (+10%). While the S&P 500 index hit an intraday all-time high on August 20, it's returned only 17.5% over the same period. The Euro Stoxx-50 index is up 15.8%; the FTSE-100 gained 10% and the ...

Zurich Investments to swap small caps managers

KANIKA SOOD  |  THURSDAY, 20 JUN 2019
... under management. It is currently managed by Sigma Funds Management which has advised Zurich it will close its business by August end. Zurich said it is already in negotiations for a small caps manager to replace Sigma. Until then, Sigma will continue ...

Tribeca's Fenton to set up shop at Channel

KANIKA SOOD  |  THURSDAY, 13 JUN 2019
... firm with the Sydney-based multi-boutique. Sean Fenton and three others are expected to launch a new equities boutique in August. The boutique's distribution, marketing and back office functions will be overseen by Channel Capital, which also partners ...