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Showing 141 - 150 of 5274 results for %22July%22

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... Commonwealth Government Guarantee applies to those who were CBA Group Super members prior to the bank's privatisation on 19 July 1996 and guarantees the payment of super and employer contributions.

Regal dumps bid for Pacific Current Group

JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2023
... (NBIO) to acquire all shares in Pacific Current Group; together, the two already hold 31%. The proposal was confirmed on July 26, with Regal chief executive and managing director Brendan O'Connor saying he believed a deal "would create meaningful ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
The Consumer Price Index (CPI) experienced a slight increase in the month of August, jumping to 5.2% from 4.9% in July. Data released by the Australian Bureau of Statistics (ABS) revealed that the major contributors to the price increase included housing ...

CALI takes on Life Code

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
... Life Code, and the positive impact it has had on life insurance consumers. The latest version of the Life Code was effective July 1, and expands on the important work completed by the FSC when the original Code of Practice was released in 2017. "As the ...

Bridges adviser base drops 20%

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... through superannuation, and the development of new technology-enabled advice delivery to leverage future opportunities." In July, Insignia chief executive Renato Mota flagged that the firm remains committed to the Professional Services businesses, Shadforth ...

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... filed a Notice of Appeal in the Federal Court yesterday, challenging the decision handed down by Justice Mark Moshinsky on July 5. Based on solid evidence, Justice Moshinsky found that Equity Financial Planners and Wealthstone, which are licensed by ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... either helping clients set up or maintain self-managed super funds. Sebo used all the money to feed his gambling habit between July and August 2019 while he was sole director and shareholder of Platinum Perpetual Global Private Wealth, court documents ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... within 28 days after accepting the order on 24 November 2022, but did not. The trustee took the case to Federal Court and on July 12, Justice O'Callaghan sided with WJ & V Drakoulis Super based on the "simple and incontrovertible fact" that the sum ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... consecutive rate hikes, the Monetary Policy Committee (MPC) noted a 0.5% decline in the UK's gross domestic product (GDP) in July. The Bank's internal forecasts now anticipate only a marginal uptick in GDP for Q3 2023. Underlying growth for the latter ...

Singaporean wealth manager mandates Aussie boutique

CHLOE WALKER  |  FRIDAY, 22 SEP 2023
... Capital director and co-portfolio manager Jesse Moors said the investment strategy applied was originally through an SMA from July 2018 until March 2020, when rolled it over into the fund. "When we made our inaugural trip [to Singapore] last year, we ...