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Showing 301 - 310 of 1903 results for "Never"

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
GQG Partners' funds under management (FUM) has surged to $104.1 billion as of June 30, reflecting 20.1% growth year on year. In an ASX announcement, GQG attributed FUM growth to $6.2 billion of net inflows and strides in the global equity markets. The ...

ASIC proposes five-year extension to DDO

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
ASIC has proposed a five-year extension to the design and distribution obligations (DDO), the instrument for which was originally set for a two-year period. DDO was introduced following a recommendation from the 2019 Financial System Inquiry to compel ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... ceased the service as currently deployed" and is open to redeploying the application to the right acquirer or partner. "We never wavered from our philosophy that the most important determinants of optimal long term investment performance for most investors ...

MLC Life backs adviser platform

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... strategic risk advice. MLC Life general manager of distribution Mike Downey added the importance of risk advice in Australia has never been higher. "... and we're excited to partner with Risk Hub, providing valuable resources for advisers and supporting ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
Australians paid an estimated $13 billion in death and TPD premiums last year, more than half of which through superannuation funds, Rainmaker Information says. While the amount paid was up 5.5% per annum over the last decade, this rate of growth has ...

US inflation rises 3.2%

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
New data from the US shows that while inflation ticked up in July to 3.2%, several indicators find that soaring prices are finally moderating. According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.2% in July on a seasonally ...

ASIC sues debt management firm, director

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... and its director after it found only 5% of customers achieved a debt reduction and some payments made by customers were never even passed on to their creditors. ASIC has commenced proceedings in the federal court against Bakken Holdings Pty Ltd (Bakken) ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
Given Australia's economic status, the government has been urged to liquidate the $250 billion Future Fund and pay down its $896 billion debt. According to a paper published by the Centre For Independent Studies, penned by Dimitri Burshtein, the ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
... ASIC held with Vasco Trustees without Mawhinney present four months before receivers were appointed to IPO Wealth. "I have never been told the outcome or the details of that secret meeting between the trustee - Vasco Trustees - and ASIC, except that ...

More than $100k raised at FICAP RockStar

STAFF WRITER  |  WEDNESDAY, 2 AUG 2023
... general counsel and company secretary Andrew Symes was crowned Best Vocalist following his performance of the much-loved 'Never Tear Us Apart', while Challenger's Shirley Natasunjaya was named Most Original Talent, singing Bachelor Girl's ...