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Showing 381 - 390 of 2215 results for "In March"

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
... closed last month and assets transferred to Smartsave. Meanwhile, Brightday, MYONESUPER and Super Prophets were closed in March and rolled into YourChoice. Remaining under the OneSuper umbrella is Smartsave, Superhero Super, YourChoice Super and Pearl ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
... managed accounts continue to be the driving force in Australia's platform market. Total FUA now sits at $175 billion. In March, IMAP estimated the market to be at $131 billion as at 31 December 2021. Of the past five years, to December 2021, the ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
... showing a relatively stable five-year trend of lump sum benefit payments of around $20 billion spiking to $37 billion in March 2020. Logically, APRA charting made clear that during the period of the early release scheme net contributions flows dipped ...

BNY Mellon subsidiary to pay US$1.5m over ESG misstatements

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
... cooperated with Commission staff in its investigation. The Division of Enforcement's Climate and ESG Task Force was formed in March 2021, and among other things, it analyses disclosure and compliance issues relating to investment advisers' and funds' ...

Citi names new head of securities services

CASSANDRA BALDINI  |  MONDAY, 23 MAY 2022
... transformation and growth most notably, Citi Australia's client transfer agreement with RBC." The transfer was completed in March this year and saw 26 new clients and 140 new staff members added to the securities services team. Luet said the company ...

BUSSQ appoints new chair

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... continue with its existing structure, assuring members the fund is in safe hands. Three new directors were appointed in March in Geoff Baguley, Paul Hick and Taylor, then this month saw the return of former BUSSQ chief executive Linda Vickers as a director ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... watching over his shoulder, making sure that he adhered to his promises, was asleep on the beat. And when the storm came in March 2020, when the COVID crash hit, these investors got soaked and lost billions." As a result, Allianz Global Investors is ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... affordability and would significantly impact the ability of Australians to have a dignified retirement. In a report published in March 2021, ASFA found that none of the reviews of superannuation have recommended the early release of super for housing ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline is the first month to month inflation rate fall since August 2021. US president Joe Biden said that it was heartening ...

ASX CHESS replacement delayed again

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
After advising there was a chance there would be further delays back in March, the ASX has today confirmed the CHESS replacement will not be ready by April 2023. In an update, the ASX said the April 2023 go-live is no longer viable. "This decision reflects ...