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Showing 2031 - 2040 of 7108 results for "December"

AMPFP ceases MDA services

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... providing MDA services in accordance with its licence conditions," ASIC said in a statement. AMPFP ceased providing MDAs on December 10. In August this year, Financial Standard reported that the licence conditions on AMPFP's MDAs had resulted in ...

ASIC drags NAB to court for fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... regulator is seeking to find NAB made several thousand contraventions of the ASIC Act and the Corporations Act between December 2013 and February 2019 by engaging in fee-for-no-service conduct by not providing financial planning services to a "large ...

YouTube fundie name erased from flagship

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... market capitalisation up to £600 million and 0.8% per annum thereafter. There is no performance fee payable until 31 December 2022, at which point Schroders will be eligible to a fee of 15% of any excess returns above a NAV per share of 77p. Meanwhile ...

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
... for the digital advice offering surge over the period, particularly during key milestones of the Royal Commission. In December 2017 when Commissioner Kenneth Hayne was appointed, the solution saw 1707 digital advice sessions. The following January following ...

Ord Minnett chief resigns

ALLY SELBY  |  MONDAY, 16 DEC 2019
... independence now finalised, Gunning has decided to move on," Morris said. Gunning finishes up at the wealth giant on December 31. Morris assured staff that Gunning was leaving Ord Minnett "in a strong position, one that is envied by peers", and recognised ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
... browsed through last week's news of good tidings... and they came in threes. First stop, at the conclusion of its December 10-11 FOMC meeting, the US Federal Reserve indicated that it would not cut interest rates further - currently at 1.5%-1.75% ...

Pendal family office lead moves to boutique

KANIKA SOOD  |  FRIDAY, 13 DEC 2019
... on the role of Regal's head of wholesale and family office, including the private banks. He started in the role on December 2. The move comes as Regal restructures its distribution efforts to a channel or segment focus. As a part of this its distribution ...

ASIC winds up alleged unregistered scheme

ELIZA BAVIN  |  FRIDAY, 13 DEC 2019
... other aspects of the alleged conduct of Marco and AMS is ongoing. The first case management hearing is listed for 17 December 2019.

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
As expected, the European Central Bank (ECB) kept monetary policy settings unchanged at its 12 December Governing Council meeting. "...the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
Mission accomplished! This appears to be the Fed's latest missive at the conclusion of its 10-11 December FOMC meeting - after three 25 bps cuts - in July, September and October - that took the fed funds rate from 2.5% to 1.75%. Fed chair Jerome ...