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Showing 11 - 20 of 354 results for "Subsequently"

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... the majority of its approximately 42,000 members are invested - annual fees and costs will be 0.62%, up from 0.52%. Subsequently, the fund's total expense ratio will rise from 1.09% to 1.19%. Legalsuper chief executive Luke Symons told Financial ...

Link revises financial reports after ASIC review

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... Fund Solutions business assets and provisions tied to its settlement with the UK Financial Conduct Authority (FCA). Subsequently, Link will adjust its "accounting treatments" concerning the financial ramifications of the FCA settlement and the impairment ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... not hesitate" to raise the cash rate further if there's a material upward revision to the outlook for inflation. Subsequently, Miller argues that not only is a rate hike fully justified given the RBA's previously high tolerance for a protracted return ...

Provide Capital ordered to produce documents

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
... of the public from 26 September 2020. ASIC previously sought documents under Section 33 (s 33) of the ASIC Act and subsequently issued orders as part of the ongoing investigation. However, Provide Capital failed to produce the documents as required without ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... resulting in the departure of chief financial officer John Harris and London-based chief commercial officer Simon New. Subsequently, and as previously reported, Harry Mitchell has taken on an expanded role as group executive for the UK, while keeping ...

Trading platform pays $830k over suspicious trades

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
... similar reasons. That case involved a client who indirectly held a significant stake in Altona Mining. The client subsequently placed a series of bids for shares in that company in November and December 2013 through Interactive Brokers' automated ...

Financial planning veteran launches ideas exchange

ANDREW MCKEAN  |  MONDAY, 18 SEP 2023
... officer Samantha Noy. The initiative has two forums planned for 2024, the first taking place in Melbourne on May 15 and subsequently in Sydney on November 13. Warakirri Asset Management has committed to being a foundation sponsor for both inaugural gatherings. ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... conduct of super trustees' duties. AustralianSuper self-reported the bungle to ASIC in December 2022 and was subsequently included in ASIC's review of how trustees are monitoring and merging multiple accounts. That review urged trustees to do ...

Hostplus finalises merger with Maritime Super

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
... approximately 23,000 Maritime Super accounts, this added $6 billion to Hostplus' funds under management (FUM). Subsequently, Hostplus' FUM has surpassed $100 billion, with its membership now totalling 1.7 million. Hostplus chief executive David ...

Saxo APAC asset management lead exits

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... and Macro FX. Prasad was previously the chief executive of Ignition Advice, a role he held for two years that was subsequently assumed by Craig Keary, who resigned this March. Prior to Ignition, Prasad was the director of asset and wealth management ...