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Showing 1801 - 1810 of 8245 results for "June"

Insurance in super is confusing: Consumers

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... with members who had engaged with their super fund around group insurance within the last year. Completed between May and June, some of the participants were already thinking about the impact of COVID-19. The research found that the process of gaining ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... living for retirees with limited financial means that is consistent with prevailing community standards," it said. As at June 2019, around 71% of people aged 65 and over received Age Pension or other pension payments with over 60% of these on the maximum ...

Financial adviser reference checks under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
... activities but only when that individual is seeking to become a financial adviser (or mortgage broker) at the new licensee. In June this year, ASIC banned one financial adviser for five years after he had cycled through seven AFSLs in nine years.

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... self-cease," Wong added. Under the acquisition, Ascalon retained interests in Morphic Asset Management and Deepwater Capital. In June 2019, Morphic was sold to Ellerston Capital. Furthermore, Coombe revealed its plans to launch the Generation Life Equity ...

Spaceship launches new managed fund

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... product topped recent Rainmaker analysis of MySuper products for members in their 20s, with 12.3% p.a. over three years ending June, and considering single-strategy products. The second on the list was Future Super (5.6%) over the period. On a longer ...

NSW budget boosts TCorp loans

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... further increase issuance into these tenors." TCorp aims to establish a 2032 benchmark bond via syndication by the end of June 2021. In October, TCorp issued its third green bond. The $1.3 billion November 2030 green bond generated strong investor demand ...

Clime to wind up Australian value fund

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
... Clime Australian Value Fund was set up in 2006 (wholesale units followed in 2011) and had $79 million in total assets at June end. It targeted capital growth and a growing level of income over medium term (three to five years). It was managed by Clime ...

Pinnacle boutique to shut fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
... -6.14% p.a. over two years and -5.81% p.a. since inception. The three-year old boutique had $91 million in total assets at June end, down from its peak of $323 million the year before in a 63% decrease. By September end, total assets in the Two Trees ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... Code of Practice and the Insurance in Superannuation Voluntary Code. It is recommended that they are made enforceable by 30 June 2021. Any breaches of the codes may be subject to a penalty of up to 300 penalty units, the bill shows. Commenting on the ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
... million barrels per day - equivalent to 10% of global supply -- along with, according to OPEC, a "conformity level of 95% in June 2020, the highest since the inception of the DoC (Declaration of Compliance) in January 2017, have helped support crude ...