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Showing 1971 - 1980 of 7101 results for "June 11"

FSC sheds light on cancer impact

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
New life insurance claims data shows the impact cancer continues to have on the lives of Australians, with more than $1.5 billion paid out in the last financial year. According to data produced in partnership between the Financial Services Council and ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
A new fee introduced by Australia's largest superannuation fund has divided the industry, with many questioning its legitimacy. Earlier this month AustralianSuper notified members it would be introducing a new fee called 'Administration fee ...

Regulators should face consequences for non-compliance: FSC

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
The Financial Services Council is calling for ASIC and APRA to face consequences for failing to cooperate with one another. In a submission to Treasury on exposure draft legislation for the Financial Regulator Reform (No.2) bill, the FSC said it generally ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
"Gone Fishing!" Given "current" market expectations, this would be an appropriate sign on the Fed's door. As expected, the US central bank kept monetary policy settings unchanged at the conclusion of its January FOMC meeting. "The Committee decided ...

Latest FASEA exam results in

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
Almost 3000 financial advisers across Australia have just received their results for the final Financial Adviser Standards and Ethics Authority exam for 2019. Over 86% of the 2981 advisers who sat the exam have passed. The exam was held in eight metropolitan ...

New chief at HSBC Australia

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
HSBC today announced the appointment of a new chief executive for its Australian business. Kaber Mclean will step into the role, effective March 2020. Mclean will be responsible for leading HSBC's in Australia as it seeks to expand market share ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... sentiment. Recall that the RBA lowered interest rates in June 2019 - consumer sentiment fell from 101.3 in May to 100.7 in June - and in July 2019 - consumer sentiment fell to 96.5 points, rose to a reading of 100.0 before starting to slide again to ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
AustralianSuper will introduce a new fee for MySuper members from April 2020 to offset the impact of the Protecting Your Super changes. Effective April 1, AustralianSuper's members will start paying the 'Administration fee - Protecting Your ...

Boutique shuts Aussie equities fund

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
A Brisbane boutique is winding up an Aussie equities fund, after an investor decided to redeem their money, representing roughly 60% of the fund's assets, just before Christmas. Ganes Value Growth Fund was terminated on the January 15. The fund had ...

Family office manager hires Discovery director

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
A Sydney firm that manages money for family offices and high-net-worths has hired a portfolio manager from Discovery Asset Management which shut shop last year. Peter Moller has joined Harper Bernays, which describes itself as one of Australia's "oldest ...