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Showing 311 - 320 of 3870 results for "August"

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
... new financial advice firms." GDG also confirmed it has completed the acquisition of the remaining interest in Lonsec on August 1, following its takeover earlier this year.

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... Accumulation Plan and beneficiary accounts on November 22 unless they inform the super fund otherwise. ESSSuper announced in August that it launched the new option in a bid to help members boost their savings in retirement. The new Balanced Growth Managed ...

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... positive update. George also provided an update on the group's divestment of its advice business. AMP announced back in August that it would sell its advice licensees and support services business to Entireti and AZ NGA and offload its minority stakes ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
The unemployment rate held steady at 4.1% in September, in line with the revised figure for August, according to seasonally adjusted data released by the Australian Bureau of Statistics (ABS). "With employment rising by around 64,000 people and the ...

Expand bolsters SMA offerings amid $10bn milestone

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
... announcement coincides with the platform hitting $10 billion in funds under management (FUM) across managed accounts at August end, supported by its record SMA inflows, Insignia said. The new model portfolios have been added to the Expand Extra offering ...

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
... well as credit licences of the following members: George Frossinos (credit licence number 391981). Licence cancelled 20 August 2024. J F Consultancy and Investments (credit licence number 392778). Licence cancelled 22 August 2024. Aspirepay (credit licence ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... Spending Insights (HSI) index fell 0.7% month on month in September, in seasonally adjusted terms, following a gain in August of 1.6%. The fall in September was in line with expectations, CBA chief economist Stephen Halmarick said, as the bank predicted ...

Best and worst performing ETFs revealed

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
... InvestSMART in its inaugural ETF Scorecard report. The report provides a ranking of ETFs based on their performance to 31 August 2024. The best performing ETF was the Betashares Geared US Equity Fund Currency Hedged (ASX: GGUS) with a 46.6% return over ...

TAL changes underwriting limits

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... St. George life insurance customers. Westpac announced it will offload Westpac Life Insurance Services (WLIS) to TAL in August 2021 for a sum of about $900 million. WLIS has since been rebranded to TAL Life Insurance Services (TLISL). The acquisition ...

Global X launches defence technology ETF

ANDREW MCKEAN  |  WEDNESDAY, 9 OCT 2024
... holdings are Lockheed Martin and RTX (formerly Raytheon), the latter of which agreed to pay a $200 million civil penalty in August for the unauthorised exportation of sensitive defence articles. As reported by Financial Standard, Betashares also announced ...