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Showing 1551 - 1560 of 7034 results for "December"

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... by disagreements on terms of the transition. Nippon in its recent statement said it injected capital into MLC Life in December 2019 [$290 million ] and June 2020 to ensure the business's soundness and support execution of their business plan. "However ...

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... self-managed superannuation funds. Squirrel Superannuation Services, an SMSF platform provider, faced the Federal Court on 23 December 2020 for allegedly marketing misleading information between January 2015 and July 2018. In the brochure, How buying ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... subsidiaries OnePath Custodians and OnePath Life as part of its #GetYourSuperBack campaign. Filed in the Federal Court in December 2020, this makes the fifth class action launched by the law firm in response to the revelations arising from the Royal ...

SuperConcepts appoints interim chief executive

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... chief executive after incumbent Lara Bourguignon resigned earlier this month. Grant Christensen moved into the role on December 18. He joined SuperConcepts in 2006 and has worked in the SMSF industry for 15 years. He has experience across sales, marketing ...

Charter Hall buys David Jones flagship

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... pre-leased development projects across office and industrial sectors, we expect the group's FUM to exceed $45 billion as at 31 December 2020."

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
... were invested in cash and deposits and 83.8% of funds in that investment option were invested in first mortgages. In December 2019, the "capital stable" claims were made in advertisements in Money Magazine ( Financial Standard 's sister publication) ...

First Super adds to board

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
... superannuation." Watson also announced that First Super director and former co-chair Lisa Marty would leave the board effective 31 December 2020. Watson said since joining the First Super board in August 2012, Marty has made a significant contribution ...

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... Register. AMP Financial Planning lost the most advisers of any AFSL this year, with 323 departing between January and December. The Advisers' Association Neil Macdonald said there are many reasons behind the exodus. "From an AMP perspective, they changed ...

RBA adds former BT director to board

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
... previously served as a member of the Takeovers Panel. Her term commences following the conclusion of Allan Moss's term on 1 December 2020. Treasury said Moss and Tanna made valuable and significant contributions to RBA deliberations and thanked them ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... the next two years - 4.25% versus 3.25%. "The unemployment rate, forecast in the 2020-21 Budget to peak at 8% in the December quarter, is now forecast to peak at 7.5% in the March quarter 2021, with both employment and the participation rate higher than ...