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Showing 461 - 470 of 1619 results for "Colonial"

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... recognise the impact of the changes for advisers and the challenging environment that everyone is facing." Meanwhile, Colonial First State general manager, advice relationships Bryce Quirk wrote to advisers on 3 March 2020 to let them know grandfathered ...

CareSuper leads super satisfaction

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
... wasn't alone in registering a strong year, with OnePath improving its rating by more than 11 percentage points, while Colonial First State also improved by more than nine percentage points. However, the new results haven't done much to alter the dynamic ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... 2008 about $5 billion had been invested by Storm Financial's clients in Storm Financial-branded index funds, run by Colonial First State and Challenger, among others. The market crashed and, by October 2008, almost $1.5 billion had been lost. Many ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
A cash management account distributed by Colonial First State and issued by Bankwest is set to terminate effective June. The BWA Cash Management Account offered a variable rate of 0.40% per year, and acted as a central account for a usually advised ...

Warakirri taps former Franklin Templeton executive

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
... brand," Marassa said. Marassa spent almost eight years at Franklin Templeton, having earlier carved out a career with Colonial First State, CBA and ING Investment Management where he served as head of distribution services, director of marketing and ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... fee for service (or lack thereof) in my mind should be reviewed across the board," Bernasconi said. A spokesperson for Colonial First State told Financial Standard members of its FirstWrap platform receive the RBA rate. "Currently the pooled cash account ...

AMP Life, AMP Capital fined

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... infringement notices is not an admission of guilt or liability, ASIC said. On the same day, ASIC also took action against Colonial First State. The regulator commenced civil proceedings in the Federal Court against Colonial First State, alleging that ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
ASIC has commenced civil proceedings in the Federal Court against Colonial First State, alleging that it engaged in misleading communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default ...

Colonial First State ups cash for Aussie equities funds

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
Colonial First State is temporarily allowing three of its Australian equities funds to hold more cash than their investment mandates, as the ASX 200 reported its worst day ever yesterday. The $2.9 billion Colonial First State Wholesale Geared Share ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... around 8.7%, while QSuper's balanced option fared slightly better, losing about 7.2% over the same period. Meanwhile, Colonial First State's FirstChoice Wholesale Balanced option lost 16.7%, while its FirstChoice Wholesale Australian Shares fund ...