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Showing 5581 - 5590 of 21771 results for "Dec"

Treasury Group co-founder joins Mantis

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
The co-founder of Treasury Group, now Pacific Current Group, has joined the board of Mantis Funds. Rodney Green joins as a board member and adviser. He was managing director and co-founder of Treasury Group and was also previously chief investment officer ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
A physical education teacher turned property investor has lost a suit against Mayfair 101, but the details of the case demonstrate how novice investors could be confused by the firm's marketing. Stuart Klees sued M101 Holdings, claiming that he was ...

Government retirement modelling leaves women behind: ISA

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
Government retirement modelling does not consider the interrupted careers of women, according to research by Industry Super Australia (ISA). The research, which analysed two decades of Household, Income and Labour Dynamics in Australia (HILDA) Survey ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
Crude oil remains hot with prices soaring to 14-month highs. This year to date, the price of Brent oil has surged by 30.5% to US$66.85 per barrel and that of the WTI soared by 31.2% -- more than making up for the full-year 2020's loss of 24.4% and ...

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
In a win for ASIC this morning, Dover Financial Advisers and its founder Terry McMaster have been ordered to pay over $1.4 million in penalties by the Federal Court of Australia. Justice O'Bryan imposed a $1.2 million penalty on the defunct financial ...

Fidante strikes new partnership

KANIKA SOOD  |  FRIDAY, 5 MAR 2021
Challenger's multi-boutique business has partnered with a Japanese asset management giant in a two-way relationship. Nomura Asset Management, which has over $500 billion in assets under management, will support Fidante's Japanese ambitions. Fidante ...

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
ASIC has hit financial advisers with the news that levies will increase by the equivalent of 160% over two years, with industry bodies outraged. The total cost levied by ASIC is now $1500 per retail advice licence, plus an additional $2426 per authorised ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
Another budget, another increase in government spending. In his Budget speech on March 3, UK Chancellor of the Exchequer Rishi Sunak prefaced his delivery of more manna from the government by stressing the damage the coronavirus has done to the UK economy. ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
Just days after taking action against Rest, ASIC has alleged Statewide Super charged insurance premiums to members who didn't hold group cover. ASIC has commenced Federal Court proceedings against the South Australia-based industry superannuation ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
The US is betting that a combination of the stimulus package and COVID-19 vaccinations will lead to full economic recovery by the end of the year, according to a leading economist. Capital Group economist Darrell Spence is optimistic that by September ...