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Showing 491 - 500 of 2991 results for "February 2013"

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
The Consumer Price Index (CPI) rose to 7.3% in the year to November, dragging inflation back up to its 32-year high. In October inflation dipped to 6.9%, showing signs of cooling off, however the elevated rise ahead of market expectation (7.2%) paints ...

K2 Asset Management enlists GAM for long short fund

CHLOE WALKER  |  WEDNESDAY, 11 JAN 2023
The equity funds manager is set to bring in Zurich-based investment giant GAM Investments (GAM) to oversee its Select International Absolute Return Fund. The new partnership will see GAM serve as investment manager of the fund, which was set up by K2 ...

ASIC FAR to display adviser QTRP status

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
From February 1, ASIC's Financial Advisers Register (FAR) will display whether a financial adviser can provide tax (financial) advice services to retail clients. To provide tax advice services to retail clients, a financial adviser must meet certain ...

AMP, Dexus deal delayed

CASSANDRA BALDINI  |  MONDAY, 9 JAN 2023
Dexus could see millions shaved off its purchase of Collimate Capital due to an outstanding matter delaying AMP from sale. Dexus announced the condition precedent for the transaction's completion relates to the transfer of AMP's ownership interest ...

FPA, AFA merger talks continue

CASSANDRA BALDINI  |  WEDNESDAY, 14 DEC 2022
The proposed merger between the Financial Planning Association of Australia (FPA) and the Association of Financial Advisers (AFA) has entered into the second round of member consultation. Recently, members have been invited to complete a survey to help ...

Australian Unity sells Macquarie Park asset for $68.8m

CHLOE WALKER  |  TUESDAY, 13 DEC 2022
The Australian Unity Investment Office Fund (AOF) has offloaded a Northern Sydney office and warehouse complex at a 10% premium to book value. The sale of 2 Eden Drive in Macquarie follows the $73 million sale of a 30 Pirie Street property Adelaide ...

Former Statewide Super executives charged

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
Two former senior Statewide Superannuation executives have appeared before the Adelaide Magistrates' Court charged with dishonesty offences. The offences relate to the former Statewide Super executive's procurement of services between February  ...

APRA, ASIC concerned over premium increases

CHLOE WALKER  |  FRIDAY, 9 DEC 2022
APRA and ASIC have asked the chief executives of life insurers to explain the continuing increases to retail insurance premiums following complaints from consumers and reportable situations. In a joint letter, the regulators said they're concerned premium ...

Latest adviser exams see 57% pass rate

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
Just over half of the candidates who sat the November exam passed, revealed ASIC. ASIC released the 19th cycle Financial Advisers Exam results and said, of the 282 candidates who sat the test, only 161 (57%) were approved. It explained 57% sat the test ...

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
Superannuation trustees have a lot of work to do when it comes to complaints handling, ASIC says. A new report from the regulator has found some superannuation trustees have sub-standard arrangements for managing complaints. The finding is based on ...