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Showing 31 - 40 of 1087 results for %22late April%22

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... The successor funds transfer of BT Superannuation and takeover of Advance Asset Management, which finalised in March and April respectively, gained about $350 million for the group. Funds under management for the managed accounts channel on BT Panorama ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... through 2024." T. Rowe Price portfolio manager Scott Solomon believes the RBA will maintain the status quo in May, mirroring April's decision. "The recent CPI print signalled progress is being made on the inflation front and we suspect the RBA would ...

Ascent Investment ordered into liquidation

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... ASIC's investigation into a $149 million Ponzi scheme. ASIC froze the assets of Ascent and its director Michael Dunjey in late December 2021. Dunjey was also forced to surrender his passport and remain in Australia. ASIC alleges that Dunjey operated ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... by 25% from 1959. AFCA did not isolate the complaints related to Dixon Advisory and Superannuation Services, which as of April 17 stood at 1800 in aggregate. Altogether, AFCA received 43,516 complaints for the June to December period. Only 20,926 were ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... Australia's (RBA) call to pause rate hikes rested on a decision to gather more information, it said. The minutes from its April 4 board meeting, where it decided to keep the cash rate at 3.6%, reveal the board extensively weighed economic impacts of ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... clearly it's a close call and the risk of another 0.25% hike is very high." The latest inflation data is due to be released April 26. Meanwhile, HSBC's Paul Bloxham also believes the pause will remain. "For the RBA, the key is what the jobs market means ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... the domestic economy has been passing a turning point in activity around the turn of the year." Bloxham added that beyond April, HSBC expects the RBA to keep the cash rate at 3.60% for several quarters. However, not all in the market are as positive ...

Kapstream wins new mandate

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
... a 53% rise in net flows of over $1 million from financial advisers. Ludovic Theau is due to join the ASX-listed firm in April as chief investment officer, hailing from the Clean Energy Finance Corporation.

February exam records 67% pass rate

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... not authorised to do so. The next exam sitting will be held on 11 May 2023. Enrolments for the May sitting will open on April 3 and close on April 21.

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... meeting, the RBA minutes show that board members are seriously considering halting the rate hikes at the next meeting in April. "They agreed that upcoming releases on employment, inflation, retail trade and business surveys would provide important additional ...