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Showing 1831 - 1840 of 7035 results for "December"

CFA postpones exams

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... manage the volume of registrations we need to process." The CFA said the earliest possible date for the exam should be in December 2020, with postponed candidates being given the option of at least one additional date to defer to in 2021. The institute ...

APRA locks in mid-year heat map update

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
... its initial release. The prudential regulator is set to release an updated version of the fees and costs tranche of its December 2019 MySuper heat map in June, in an effort to demonstrate the actions taken by trustees to address areas of underperformance. ...

Superannuation fund delays custodian swap

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... has been climbing up the custody league tables and shot past Citi, BNP Paribas and State Street in the six months to December. It is now the third-largest custodian in Australia, after J.P. Morgan ($866 billion) and NAB Asset Servicing ($578 billion) ...

Moody's downgrades AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
... sheet and capital position, with its Level 3 eligible capital above minimum regulatory requirements of $2.5 billion at 31 December 2019." AMP said that all credit ratings assigned to AMP by other ratings agencies remain unchanged. In February last year ...

Investment manager criminally charged

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... two counts of failing to comply with requirements relating to a client money bank account. ASIC alleged that between December 2014 and September 2018 SGSA failed to comply with client money obligations, in disobeying of criminal offence provisions in ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... Colonial First State Wholesale Geared Global Property Securities option registered a 69.55% return over the 12 months to 31 December 2019. CFS general manager, investment Scott Tully told Financial Standard the combination of the firm's five active ...

Chief economist update: China leads the way

BENJAMIN ONG  |  TUESDAY, 17 MAR 2020
... headed. Industrial production dropped by 13.5% (year-on-year) in the January-February period following a 6.9% expansion in December. Fixed asset investment plunged by 24.5% over the same period (following a 5.4% gain) and retail sales sank by 20.5% (after ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... that the company would be able to pay for goods shipped on credit throughout the bankruptcy process. Instead "by mid-December 2017, company directors and officers learned that the company could not meet financial milestones required by the lenders, which ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... in late January. Bye bye surplus. The government's Mid-year Economic and Financial Outlook (MYEFO) handed down in December 2019, estimated an underlying cash SURPLUS of A$5.0 billion in FY2019-20. Take away least A$19 billion (A$17b plus A$2b) in ...

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
... to 3% of GDP. Italy's already in breach of 60% debt to GDP ratio limit with its ratio clocked at 135% of GDP as at December 2019. That was the time in late-2018 to early-2019 when 10-year Italian bond yields soared to as high as 3.65% - compared ...