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Showing 1621 - 1630 of 7223 results for "Record"

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
Assets under custody rose 11% to a record $4.4 trillion in the six months to 30 June 2021 on the back of valuations, new research from the Australian Custodial Services Association (ACSA) shows. J.P. Morgan came in first having grown 9.8% to $1,068.3 ...

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Superannuation funds need to lift their game when it comes to annual member meetings as ASIC found that many should be giving members a better opportunity to have their voices heard. While the the corporate regulator did not identify significant failures ...

Schroders APAC co-head departs

ANNABELLE DICKSON  |  THURSDAY, 5 AUG 2021
... for the future," Durack said. Schroders Group chief executive Peter Harrison added: "Chris leaves Schroders with a track record of success in the roles he has held over the last decade. As co-head of Asia Pacific, his focus on collaboration and greater ...

Financial Masterplan advisers banned

ANNABELLE DICKSON  |  TUESDAY, 3 AUG 2021
ASIC banned two Gold Coast-based financial advisers for five years after they were found to have placed clients in inappropriate superannuation and insurance products. The corporate regulator believes Trent Allan and Fabrizio Urrutia were not adequately ...

AMP hires in support of advisers, brokers

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
... continue to deliver best in class solutions and support." Herbert added: "I look forward to building on AMP's strong track record, working closely with brokers and advisers. Human connection is critical to the way brokers support their clients, which ...

Only one quarter of ETP growth from performance

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
... the period ending June 30 was $13 billion (13%), the second largest quarterly increase in the Australian ETP market on record. International equities remain the most popular ETP asset class with more than $59 billion invested in international equities ...

Dismal pass rate for latest CFA exam

ELIZABETH MCARTHUR  |  MONDAY, 2 AUG 2021
The Chartered Financial Analyst (CFA) level one exam results for May 2021 saw a paltry pass rate of just 25%. This was the lowest pass rate ever recorded. In February 2021, 44% of level one candidates passed the exam. In the first half of 2019, 41% ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... increase in annual CPI inflation includes some 'base effects' following the introduction of free child care and a record fall in fuel prices in the June 2020 quarter." In addition, these "distortions" aside, the underlying measures of Australian ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The wealth manager recorded significant outflows in its financial advice business as advisers departed following its transformation strategy. Financial advice recorded $2.2 billion in outflows from 33 advisers departing from IOOF's self-employed advice ...

Industry fund tops superannuation satisfaction survey

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
An industry fund took the top spot in Roy Morgan's latest superannuation satisfaction report. HESTA was named the winner for the six months ending June 2021, toppling Catholic Super which won the last round to January 2021. "Our focus on putting members ...