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Showing 3781 - 3790 of 21764 results for "Dec"

OnePath Life sued over utmost good faith duties breach

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
OnePath Life will face ASIC in Federal Court over failures while handling a mental health claim. In 2016 a customer took out an income protection policy with OnePath Life through an ANZ financial adviser based in Grafton, New South Wales. OnePath Life ...

Ausbil chief executive to retire

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
Ross Youngman will retire next year, with the equities manager naming his replacement. Youngman will step down in the third quarter of 2023 after six years in the role and eight years at the firm. "It has been very satisfying to work closely with our ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
As forecast, the Reserve Bank of Australia (RBA) has lifted the cash rate by another 25 basis points. KPMG chief economist Brendan Rynne noted that the RBA remains concerned about the immediate economic outlook, despite confirming that its recently ...

BlackRock implements ETF stock split

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
BlackRock Australia has implemented a stock split of three of its long-standing US equities ETFs. BlackRock said the split of iShares S&P 500 ETF (IVV), iShares S&P 500 (AUD Hedged) ETF (IHVV) and iShares S&P Mid -Cap ETF (IJH) will make it easier for ...

Global X launches uranium ETF

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
The new Global X Uranium ETF (ATOM) will give Aussie investors exposure to the fast-growing uranium and nuclear power sector. Launched today by Global X ETFs, the fund tracks the Solactive Global Uranium and Nuclear Components Returns Index to provide ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
The corporate regulator suspended Quantum Funds Management Limited (QFML)'s AFSL and cancelled that of AFSL Group. The suspension of QFML follows the ban of its managing director Peter Gribble for failing to pay $2.5 million in Australian Financial ...

TV personality to lead Stafford Capital distribution

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
Stafford Capital Partners will expand its capabilities in Australia with the appointment of a lead distribution executive, who is set to leave behind a high-profile journalism career. ABC TV business journalist Elysse Morgan is joining the Stafford ...

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
The superannuation offering of an ASX-listed fintech will merge with AMG Super later this month following a ruling by its trustee. Raiz Invest Super, the super solution offered by micro investing platform Raiz, will become a division of AMG Super on ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
Most economists have flagged that the cash rate will rise again today, despite inflation having eased. A Finder survey said 88% of experts believe the cash rate will grow to 3.1% in December, which would be an eighth consecutive rate rise. Finder head ...

Mercer identifies investment opportunities for 2023

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
Mercer Australia has constructed a series of themes that it believes can help shape investor decision making, giving them the best chance of long-term success. Although the world is in a state of flux on various fronts, including an economic slowdown ...