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Showing 1611 - 1620 of 7606 results for "Know"

Magellan fund loses $1bn in five months

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
A Magellan fund has lost nearly $1 billion in the last five months of 2021, an analysis of the exchange-traded product sector reveals. Rainmaker Information's latest ETP Report found that the Magellan Global Fund Open Class lost $737 million in ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
... take to ensure that the decisions made by Parliament are not easily and carelessly overturned. "The committee would like to know how superannuation trustees could fund their penalties, and ways to do so that do not put member's funds at risk or increase ...

Super funds failing on animal protection

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... supporting, followed closely by human rights abuses, he said. Worse still, the survey revealed that most Australians do not know which industries their super is being invested in, even though most say they would switch funds if they knew their super ...

AIST, MetLife tackle underinsurance issue

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... Richard Nunn said: "We do a lot of work with our partner super funds to help them help them engage their member base. We know that members that have insurance are more likely to be engaged with their super and are more likely to be retained within the ...

Vanguard appoints new chief information officer

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
Vanguard Australia has announced the appointment of Aman Sahani as its new Asia Pacific chief information officer. In this role, Sahani will oversee Vanguard's Asia Pacific 200 strong IT division and lead the team. Sahani spent the last six years in ...

CFA releases disappointing pass rate

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Only 27% of candidates who sat the latest Chartered Financial Analyst (CFA) level one exam passed. The November exam, which had 28,170 aspiring investment management professions undertaking the session, saw a marginal improvement compared to the May ...

Acquisitions bolster Kelly Partners results

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Several acquisitions bolstered the performance of Kelly Partners in the six months to December, the latest financial results show. The ASX-listed group saw a 25% increase in revenue to $30.9 million, thanks to its acquisition spree which contributed ...

FPA calls for stronger experience pathway

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... members have already met or are currently undertaking mandatory study set by the now-defunct FASEA. "These members have let us know in no uncertain terms that they feel the proposal undermines the commitment they have made to professionalisation to win ...

AFA opposes clean record requirement

JAMIE WILLIAMSON  |  THURSDAY, 3 FEB 2022
... does not support the clean record requirement in practice, as the new single disciplinary body is untested and "we do not know how many advisers might end up with a sanction between now and 1 January 2026". "We support higher professional standards ...

Former APRA executive joins Zurich

CHLOE WALKER  |  THURSDAY, 3 FEB 2022
Zurich has appointed former APRA executive board member Geoff Summerhayes to its suite of boards. A former financial services chief executive, director and APRA executive board member, Summerhayes joins five of Zurich's main APRA-regulated boards as ...