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Showing 481 - 490 of 3927 results for "November"

Platinum names new chief executive, restructures board

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... to suffer huge outflows. It recently reported net outflows of $186 million to end up with $15.5 billion at the end of November. It has lost 37% of funds under management from the start of 2020, when it had $24.6 billion. "Platinum is at an important ...

Bravura Solutions executes restructure

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... positions at ANZ Wealth, Fine Line Consulting, ING Australia, and Buck Consultants. Meanwhile, Spencer, who joined Bravura in November last year, will take up the position of Bravura chief executive, EMEA. Spencer boasts close to 35 years in financial ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... hold spares borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. RBA governor Michele Bullock stated yesterday that the "limited information" received on the domestic economy since the ...

Income investors to thrive in 2024: Report

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... definitions, including the Morningstar Australia 10+ Yr Treasury Bond Index which is down -36.8% from 31 December 2020 to 15 November 2023," it said. The report also noted opportunities exist at the shorter end of the yield curve for investors with a ...

E&P chief exits early

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... conditional settlement of the representative proceedings filed by Shine Lawyers, which was announced by the Company on 14 November 2023," E&P said. E&P settled the Shine-led class action, which related to representatives giving conflicted advice for ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... despite stating in its PDS that such businesses would be excluded. The fund invested in Honeywell International from November 2 to 18. It was invested in the other companies between May 31 to June 13. Morningstar reported the incidents to ASIC after ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... have been softer since the last rate hike in October. However, she cautioned this may be a one-off and a precursor to a November boost following Black Friday and Cyber Monday sales. "The RBA has become increasingly concerned about "homegrown" services ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... of the ASIC Act in connection with fees for no service misconduct. Agreed facts state that between December 2015 and November 2021, OnePath shared inaccurate information with Integra Super members. During this period, the trustee deducted $3.8 million ...

ASIC confirms adviser registration deadline

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
After receiving Royal Assent on November 27, ASIC is urging all financial advisers who service retail clients to register before the 1 February 2024 final deadline. From this date, advisers otherwise known as relevant providers who provide personal ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
... instructions had the intention of funding a corporate payment. Sydney-based Yuen appeared in the Downing Centre Local Court on November 28. The matter was adjourned for further mention on 6 February 2024. As this matter is being prosecuted by the Commonwealth ...