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Showing 1421 - 1430 of 4123 results for "Nov"

September FASEA exam results in

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
The Financial Adviser Standards and Ethics Authority has released the results from the financial adviser exam held in September, which 1697 financial advisers sat. The exam was held in eight metropolitan and nine regional centres between 19 September ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
"Actions speak louder than words." That may be so but it appears that this generally accepted truism does not apply to the Bank of Japan (BOJ). The Japanese central bank has kept monetary on hold since it introduced quantitative and qualitative easing ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...

ASIC freezes Sydney advisers' assets

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2019
The Australian Securities and Investments Commission have obtained consent orders and undertakings in the Supreme Court of NSW against QWL, QWL Asset Management and sole director Ross Hopkins. "ASIC commenced an investigation in relation to allegations ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
Of course, he'll say that! "After a soft patch in the second half of last year, a gentle turning point appears to have been reached. The central scenario is for the Australian economy to grow by around 21/4 per cent this year and then for growth ...

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
A former Aon Hewitt adviser copped an ASIC ban after he was found to have stopped 331 Aon Master Trust default superannuation members from switching to the cheaper MySuper option. Thanh Huu Tran has been banned for two years as a result of the misconduct. ...

Hostplus, Club Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
Hostplus and Club Super have officially merged as of today. The merger, which was announced in July, sees Hostplus add $600 million to its $45 billion funds under management and a further 22,000 members. Club Super accounts will be transferred to Hostplus ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
Insurance premiums will rise by as much as 60% from next week for members of a state-based industry superannuation fund. Insurance premiums paid by WA Super members will increase substantially from November 4 following a review by TAL, with the fund ...

AMP extends adviser deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
AMP and the AMP Financial Planners Association have commented on the decision to extend the October 31 deadline originally given to financial advisers given notice by the wealth giant. Meanwhile, the AMPFPA has confirmed action against AMP will likely ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
Super "whatever it takes" Mario Draghi's final outing as president of the European Central Bank (ECB) came and went without much fanfare. The ECB kept monetary policy settings unchanged at its October 24 meeting. This is to be expected after it ...