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Showing 521 - 530 of 2949 results for "August 2012"

Frontier welcomes Sarah Guthleben as new exec

CASSANDRA BALDINI  |  THURSDAY, 7 JUL 2022
Frontier Advisors named Sarah Guthleben as part of its leadership team and its new head of people and culture. Guthleben will join on August 3 from Equipsuper where she has held the position of executive officer, people and culture for more than a decade. ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
The Reserve Bank of Australia (RBA) has increased the cash rate by 50 basis points, ramping up its efforts to quash runaway inflation. RBA governor Phillip Lowe stayed the course with his assessment that while the Australian economy remained resilient ...

TWUSUPER adds fee to combat cross subsidisation

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
The super fund will begin charging insured members an administration fee to make costs fairer for those without insurance. From August 1, TWUSUPER members with insurance cover will be charged 3% of their gross insurance premiums each month as a separate ...

FS Power50 nominations open for 2022

CASSANDRA BALDINI  |  MONDAY, 4 JUL 2022
Nominations have opened for the FS Power50, Financial Standard 's annual list of the 50 most influential financial advisers in Australia. Now in its ninth year running, the FS Power50 guide is a premium reference to the trailblazers and game-changers ...

ASIC bans Melbourne adviser

CHLOE WALKER  |  FRIDAY, 1 JUL 2022
The corporate regulator has dealt out a three-year ban to David Noel Ruthenberg of Venture Advisory Consulting. ASIC found that, between June 2015 and September 2017, Ruthenberg recommended that some of his clients invest in the Investport Income Opportunity ...

Vanguard appoints head of ESG product

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
UniSuper governance and sustainability manager Sybil Dixon is departing the fund after 14 years to join Vanguard. Dixon will join Vanguard in August as head of ESG product, a Vanguard spokesperson confirmed to sister publication FS Sustainability. UniSuper ...

AMP completes Resolution Life divestment

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group. The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent ...

Bravura to welcome new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
A former director of corporate superannuation at AMP will take over as chief executive and managing director of Bravura Solutions. After 15 years with the company, Nick Parsons will step down as chief executive. On his decision, he said: "During my ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...

May exam sees 43% pass rate

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
Less than half of the financial advisers who sat the exam in May have passed, results show. The May sittings represented the 17 th since the introduction of the exam and saw 496 advisers attempt it; 72.2% of which were resitting the exam for at least ...