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Showing 1611 - 1620 of 7108 results for "December"

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
Praemium saw a sharp rise in the December quarter as a result of its acquisition of Powerwrap, showcasing the benefit of increased scale. The platform saw a 69% increase year-on-year in global funds under administration (FUA), lifting the business to ...

ASIC cancels stockbroker AFSL

ANNABELLE DICKSON  |  WEDNESDAY, 13 JAN 2021
... Federal Court of Australia and the High Court of New Zealand in respect to the distribution of client funds wrapped up on December 9, with the judgement yet to be handed down. KPMG said it will take at least six months for distributions to be made due ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
Brexit is over. But even before the UK and the EU shook hands on the post-Brexit trade and cooperation pact on 24 December 2020 and before the ink on the signatures of European Commission President Ursula von der Leyen, European Council President Charles ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... regulator found the fund interfered with their privacy. The Office of the Australian Information Commissioner (OAIC) on December 16 delivered a judgement on a complaint that an AustralianSuper member filed over three and a half years ago. The member ...

Sydney boutique hires former Franklin PM

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... Equity Group, working across Bahamas, Fort Lauderdale and, most recently, Melbourne. He left Franklin Templeton on 2 December 2019, after managing then $257 million listed investment company Templeton Growth Fund (ASX: TGG), and then the $161 million ...

AMP adviser numbers shrivel

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... in the country by number of advisers. The largest AFSL is now the SMSF Adviser Network which had 839 advisers as at 31 December 2020. AMP Financial Planning lost the most advisers of any AFSL in 2020, with 345 departing between January and December. ...

Milliman practice lead resigns

KARREN VERGARA  |  TUESDAY, 12 JAN 2021
... for Milliman has left after more than 16 years with the firm. Wade Matterson's tenure at the consultancy firm ended in December 2020, which for the most part was spent as practice leader. He joined Milliman in November 2004 as a consultant. Prior to ...

Chief economist update: The virus, the vaccine, the variant

BENJAMIN ONG  |  TUESDAY, 12 JAN 2021
... only mildly alarmed - at yet another SARS-like disease spreading in Wuhan, China (the first confirmed case reported on December 8). The world considered the infections as a China-only epidemic and dismissed as not of any greater import than the flu or ...

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... in per unit investment costs over time, which leaves even more of your returns in your account." OnTrack launched in December 2016. It classified members into four stages: Build (those below 49 years of age, 60 bps per year in fees), Sustain (members ...

FASEA urges advisers to maximise exam sittings

ELIZABETH MCARTHUR  |  MONDAY, 11 JAN 2021
... education standards however, having until 1 January 2026 to reach an education standard equivalent to an approved degree. In December, FASEA approved two more degrees - the Bachelor of Commerce majoring in financial planning offered by the University ...