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Showing 571 - 580 of 3870 results for "August"

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
As the government unveils a raft of updates to the superannuation performance test, due to take effect in August, some trustees are worried that it subjects Choice products to a rigid criterion. As previously flagged, all products will be subject to ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... Investment Fund. The orders related to misleading statements contained in marketing material. Further, according to RES, in August 2022 Fox offered investors in a separate, failed investment, his shares in the PPM project to mitigate their estimated ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... Securities Management and Algoplus, wound up. D'Amore and Kirby will appear before the Melbourne Magistrates' Court on August 25.

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... became AWM, which operates advice, superannuation, and platforms. Hartley took over from Alex Wade, who suddenly exited in August 2020. After a few months in, Hartley made sweeping changes, restructuring the division, unveiling a new leadership team ...

ASIC bans former Gleneagle fund manager

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... Tolpigin engaged in the naked short selling of shares on 150 occasions totalling over $7 million from 19 January to 27 August 2021. Tolpigin sold shares on the ASX through accounts held with Gleneagle and associated entities. But he didn't own or borrow ...

Chief distribution officer leaves Praemium

CHLOE WALKER  |  TUESDAY, 23 MAY 2023
... Praemium. Morris, who announced his departure on LinkedIn, will serve a precursory three months' gardening leave until mid-August. In a statement, Praemium said the exit is the result of a strategic review "to focus on client needs, strengthen its ...

Nuveen wins $190m super mandate

KARREN VERGARA  |  MONDAY, 22 MAY 2023
... closed on a large, nearly $500 million, diversified, newer vintage, long-term lease and credit medical office portfolio in August 2021, and that was a way for us to scale within that industry." Last year, AustralianSuper partnered with Churchill Asset ...

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... customers were affected. AMP raked in over $500,000 in insurance premiums; some $350,000 was charged between May 2015 and August 2019. AMP reaped more than $100,000 in advice fees from deceased customers; at least $75,000 was charged over the same period. ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... concern. "We have seen money markets repricing somewhat they are pricing at about a 58% chance of an interest rate increase by August. So much will depend on what happens with the next iteration of inflation data," Felsman said. The consumer price index ...

Lumiant, Invest Blue build digital advice platform

CASSANDRA BALDINI  |  MONDAY, 15 MAY 2023
... explained its investment in Lumiant follows its strategic partnership with outsourcing company Virtual Business Partners in August 2022. "We are a fast-growing company with ambitious goals and our strategic partnerships give us a competitive advantage," ...