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Showing 371 - 380 of 4270 results for "Yesterday"

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 exposure draft regulations released yesterday will see advisers sitting the soon-to-be ASIC administered exam pay $948 per sitting. This is significantly more that the ...

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison. Yesterday, Australian Council of Superannuation Investors (ACSI) chief executive Louise Davidson answered Liberal MP Tim Wilson's ...

Former Vocus chair charged with insider trading

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... proposal to acquire all Vocus shares before it was announced to the market. Uniti Group entered a trading halt on the ASX yesterday afternoon before issuing a statement saying Bowen's charges do not impact the company. "The company understands that Bowen ...

EISS Super chief executive exits

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... resigned, after the fund failed the performance test and during its planned merger with TWUSUPER. Hutchison resigned yesterday and requested it be effective immediately. EISS Super chief financial officer Lance Foster has stepped in as the interim chief ...

Fund manager names new chief executive

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... appoint a dedicated chief executive officer with responsibility for oversight of all the firm's business activities." Yesterday, Natixis Investment Managers announced that Louise Watson has been promoted to the role of country head for Australia ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... Superannuation Trustees (AIST) general manager advocacy Melissa Birks told ASIC and APRA at AIST's annual investment conference yesterday. "...Are you alert to this and what sort of things are ASIC going to be doing in that space to ensure that consumers ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... comparisons and risk and volatility adjusted returns must be taken into consideration. The results of the YFYS test, released yesterday, saw 13 out of 76 MySuper products fail. The failing funds were AMG MySuper, ASGARD Employee MySuper, Australian Catholic ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... two-thirds of financial advisers passed the July exam sitting. The Financial Adviser Standards and Ethics Authority announced yesterday that 60% of the 1963 candidates passed the July exam sitting. This is markedly down from the May sitting, which had ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...