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Showing 581 - 590 of 3224 results for "April 3"

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
Mayfair 101 founder James Mawhinney has launched an appeal against his 20-year ban from financial services. Mawhinney is also appealing a $30 million penalty handed down in the Federal Court to Mayfair 101 for misleading advertising. "The events of ...

Yarra Capital Management hunts distribution lead

JAMIE WILLIAMSON  |  MONDAY, 11 APR 2022
Yarra Capital Management is recruiting for a new head of distribution after Rob Bluzmanis took on a global leadership role with Nikko Asset Management. Bluzmanis was recently named chief executive of Nikko's European business and regional head of ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
BT Funds Management has been handed a $20 million fine by the Federal Court for continuing to charge commission payments to superannuation members for seven years after they were banned. BT Funds Management charged insurance premiums that included commissions ...

COVID-19 financial advice relief to be repealed

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
ASIC will allow the COVID-19 advice-related relief instrument to automatically repeal on 15 April 2022. The COVID-19 instrument commenced on 15 April 2021. This was an extension of a raft of relief measures that were initially introduced in April 2020. ...

T. Rowe Price appoints new chief operating officer

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
Global asset management company T. Rowe Price Group has announced Kimberly Johnson as chief operating officer, effective 29 April 2022. Johnson will serve on the management committee and will report to chief executive and president Rob Sharps. As chief ...

New head of markets, securities services at HSBC

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
HSBC has announced the appointment of two executives, a head of markets and securities services for Australia and New Zealand and a head of global banking for Australia. Nick Wheeler has been promoted from within HSBC to head of markets and securities ...

NGS closes socially responsible option

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The $14 billion industry fund, NGS Super, has made some changes to investment options - including closing its socially responsible option - and altered fees. NGS is closing its Socially Responsible Diversified option to new members from 20 April 2022. ...

Superhero to offer Qantas points

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
In Qantas' latest financial services partnership, Superhero users can win a share of one million Qantas points. To enter the draw for the points, Superhero investors must have linked their Qantas Frequent Flyer number to their Superhero account ...

PIMCO dumps LIT launch

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
After announcing it would launch this month, PIMCO has canned its long-awaited Global Income Opportunities Trust, citing inadequate demand. The LIT was first announced in November 2019 and planned for a March 2020 launch, however, was delayed due to ...

Perpetual moves to acquire Pendal

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
Perpetual has made an offer to acquire Pendal for $6.23 a share. Pendal confirmed it received the conditional, non-binding indicative proposal from Perpetual to acquire 100% of shares in Pendal by way of scheme of arrangement. The proposal is for a ...