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Showing 2361 - 2370 of 6276 results for "December 2021"

ASIC bans ex-CBA adviser for five years

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
ASIC banned a former Commonwealth Financial Planning adviser from providing financial services for five years. ASIC found Kimberley Holgate advised clients to rollover their existing superannuation account to a new product issued by CBA's subsidiary ...

Chief economist update: Consumers don't spend on confidence alone

BENJAMIN ONG  |  THURSDAY, 18 JAN 2018
"Sentiment has continued to recover from the weakness seen in the September quarter last year, bolstered by a less threatening outlook for interest rates and improving confidence around the economy and jobs. While the mood is 'cautiously optimistic' ...

J.P. Morgan wins global fixed income mandate

ALEX BURKE  |  WEDNESDAY, 17 JAN 2018
J.P. Morgan Asset Management's unconstrained global fixed income strategy has received a key investment from an Australian boutique multi-manager. Alpha Fund Managers invested in the JPMorgan Global Bond Opportunities Fund with a view to "enhancing ...

Global wealth manager champions embattled digital currencies

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2018
One of the world's largest independent wealth management firms will introduce a cryptocurrency app, despite recent price slumps and having labelled it "a major gamble". deVere Group announced the launch of deVere Crypto which will allow users to store ...

Chief economist update: One hike this year, one hike next year

BENJAMIN ONG  |  WEDNESDAY, 17 JAN 2018
It's getting there. While it's still early days and just a single monthly data point, the latest consumer price data provide indication that inflation in the United Kingdom might be starting to come down. UK overall inflation eased to an annual rate ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
Echoing BOJ Governor Haruhiko Kuroda's quick push back on taper speculations, Deutsche Bundesbank president and ECB governing council member Jens Weidmann used his speech at the Ludwig-Erhard Summit in Bavaria to do the same. Like Kuroda, Weidmann's ...

ASIC successfully files injunction against Melbourne advice provider

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
A Melbourne financial services firm is prohibited from operating while proceedings brought by ASIC continue in the Federal Court. ASIC commenced proceedings against Financial Circle Pty Ltd in December 2017, alleging the business was offering loans ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... shoots. Mr. & Mrs. Jones continue to spend, spend and spend. While overall retail sales slowed to 5.5% in the year to December (from 6.0% in the previous month), the more important core retail sales (ex autos) accelerated to a year-on-year rate of 6.3% ...

Adviser banned over theft from deceased estate

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2018
A former authorised representative of Futuro Financial Services that transferred about $300,000 to himself from a deceased estate has been permanently banned by the corporate regulator. ASIC has permanently banned Robert Pryor Smith of South Australia's ...

Centuria acquires Government headquarters

KARREN VERGARA  |  FRIDAY, 12 JAN 2018
Property group Centuria has acquired a building in Geelong and announced its chief executive of unlisted property funds will take on greater responsibilities following a management restructure late last year. Its subsidiary, Centuria Property Funds ...