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Showing 2301 - 2310 of 7101 results for "June 11"

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Insurers will find it tougher to dodge paying out claims if the Royal Commission's recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
A former financial adviser is facing a lengthy jail term after pleading guilty to the theft of close to $5 million in client funds. Former Adelaide financial adviser James Gibbs appeared before the Adelaide Magistrates Court last Friday charged with ...

Chief economist update: La vita is no longer e bella

BENJAMIN ONG  |  FRIDAY, 1 FEB 2019
"When the moon hits your eye, like a big pizza pie, that's amore..." But Italians may not be in the mood for "amore", not when their economy - the third biggest in the Eurozone - is officially in a technical recession. La vita is no longer e bella! ...

Fidelity hires investment specialist

KARREN VERGARA  |  THURSDAY, 31 JAN 2019
Fidelity International appointed Anthony Doyle to the newly created position of investment specialist. Sydney-based Doyle will help position Fidelity's broad investment capabilities, strategy, markets views and performance to clients. He reports to ...

Fund managers embrace China exposure: Zenith

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
More fund managers are increasing their exposures to Chinese equities thanks to major indices that began offering China A-Shares last year. This is according Zenith's analysis of emerging market fund managers it rated, which increased their average ...

AustralianSuper hikes admin fees

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
AustralianSuper members will pay 50% more in administration fees from 30 March 2019. Current admin fees of $1.50 will rise to $2.25 a week or an additional $39 per year. It is the $140 billion super fund's first fee increase since January 2009. ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
Pop that cork! Roll out the barrels... the barrels of fun! The Australian Bureau of Statistics' (ABS) latest tracking of the labour market shows that we've got jobs and they're multiplying. Total employment grew by a greater-than-expected ...

Advice dealer group seeks ASX listing

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
A financial advice dealer group is looking to list on the ASX this year, kicking off a $10 million IPO to make it happen. AD Capital Group has set its sights on listing later this year as part of an ongoing strategy to become one of Australia's ...

UniSuper awards fixed income mandate

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
A Melbourne bond manager won a $180 million mandate from UniSuper as the super fund increased its allocation to fixed income. UniSuper appointed Jamieson Coote Bonds to manage about $180 million in Australian government bonds in November. The mandate ...

ASIC seeks new default super partner

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
ASIC is on the hunt for a new default superannuation fund for employees but smaller funds need not bother applying. In tender documents the corporate regulator specified it will only consider bids made by super funds with at least $10 billion in assets ...