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Showing 1521 - 1530 of 3879 results for "February"

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
... 0.05% of the amount moved in or out, following the end to exit fees legislation for which was passed by the Senate on February 14. Rainmaker Information executive director of research and compliance Alex Dunnin said the changes appear to be a fundamental ...

Trust deficit boosts Australian Ethical membership, FUM

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
... period last year," Vernon said. It reached the $3 billion FUM milestone across superannuation and managed funds in mid-February 2019. Statutory NPAT for the first half jumped 47% year on year to $3.4 million.

Escala bought by growing US firm

JAMIE WILLIAMSON  |  THURSDAY, 21 FEB 2019
... not disclosed. Focus has been on somewhat of a buying spree this month, having acquired Canadian firm Prime Quadrant on February 15 and Boston firm Foster Dykema Cabot the week before. Escala marks the fifth acquisition by Focus in 2019 to date.

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... far, not so good. After dropping from a high of US$0.7273 (31 January 2019) to US$0.7101 on the "neutral" announcement (February 7) and then sinking further to US$0.7062 on the 11th of the same month, the Australian dollar had been climbing back up - ...

NAB chief executive exit package revealed

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... said outgoing chief executive Andrew Thorburn will be paid $1,041,449 in lieu 26 weeks' notice, when he departs on 28 February. He will also be paid out all of the leave entitlements he's accrued during his time in the top job, but his unvested deferred ...

Fidelity adds US equities exposure

KANIKA SOOD  |  TUESDAY, 19 FEB 2019
... risk-on posture, but also not missing out on what may prove to be a last leg in this bull market," Bateman said in the February update.

Qantas Super chair steps down

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... director, she was a commercial lawyer for 28 years and was NAB's general counsel for Australia between December 2005 and February 2011. The board named two new members as company-appointed directors designate to replace Ward and Paul Costello, who ...

Adviser asked to cover regulator costs

KANIKA SOOD  |  MONDAY, 18 FEB 2019
... responsible decision-maker) were restrained from carrying on a financial services business under court orders made on February 12. The court also ordered Gardner and the company to pay $10,000 (fixed) to cover ASIC's cost of application. ASIC dragged ...

Zurich awards $100m passive mandate

KANIKA SOOD  |  MONDAY, 18 FEB 2019
... operated across Australia and New Zealand," Zurich said in a statement. Mark Hunt was appointed in the role, effective February 25. In his most recent role, he was worked at a casualty-focused Lloyd's insurance consortium for about a year. He previously ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... worm has turned. The University of Michigan consumer sentiment index bounced back 4.7 points to a reading of 95.5 in February - partially offsetting the 7.1-point dive recorded in January. The index of consumer expectations rebounded more - up 7.9 points ...