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Showing 1631 - 1640 of 7108 results for "December"

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 ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... remit. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume announced on December 9 that the standard-setting aspect of FASEA will be swallowed up by Treasury. Asset consultant expands into retail market ...

Cashwerkz appoints chair for Fund Income

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... named Fortlake Asset Management. Fortlake k icked off with four funds and a heavyweight lineup. Official go-live date was December 16. In an update today, Cashwerkz said Fortlake has crossed the $300 million mark resulting in an allocation of five million ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... wealth Amanda Seneviratne said the September quarter estimate surpassed the previous high of $11.24 trillion recorded in December quarter 2019. Residential assets, deposits and superannuation balances all saw increases in the quarter and were the main ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
The Fed's final act for the pandemic year 2020 was inaction. At the conclusion of its December FOMC meeting, the US Federal Reserve said: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects it ...

Departure at Perpetual small caps team

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... manager Jack Collopy in 2019 after seven years at UBS's small-cap sales desk, Morningstar said. He left the team on December 9, Morningstar said in a note while holding the fund's rating steady at neutral. Perpetual this year paid about $465 ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... China-based clients at risk of contravening Chinese law, exposing them to potential administrative and criminal penalties. In December 2019, ASIC obtained asset restraint orders in the Federal Court against EuropeFX and TradeFred to protect customers' ...