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Showing 41 - 50 of 100+ results for "March"

Six Park lowers minimum investment to $2k

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... Six Park has lowered its minimum investment to just $2000, down from the $10,000 minimum it had at the start of 2020. In March 2020, Six Park first tested out lowering its minimum investment - slashing the $10,000 minimum to $5000. Clients investing ...

Retail fund tops MySuper tables for FY21

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... conflicted remuneration in breach of Corporations Act to distribute the fund to 390,000 customers. CBA denied the allegation in a March 11 case management hearing. The fund is closed to new customers, according to the website. The second-best performer ...

Fund administrator hires from competitor

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... foray into Australia. Eric Koolen was the managing director of Apex Group's Australian business for about two years, ending March 2021. He has worked in funds administration since the 1980s, including at CITCO. He has now joined rival firm Ascent Fund ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... taking the total number of infections to nine. In terms of economic stats, we learned how much consumer prices rose in the March quarter. Because of Australia's quarterly CPI reporting convention - versus monthly in most of its counterparts - we ...

Aware Super, VISSF merger to proceed

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
... importance and advantage of scale and size in the current environment," he said. The extensive due diligence, commenced in March, confirmed VISSF members would benefit across investment choice, fees and returns, Sharples said. "It was of absolute importance ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... investment in litigation funding of as much as $50 million." ASIC deputy chair Karen Chester said in a parliamentary hearing in March that the regulator typically recovers the costs incurred in prosecuting the major financial institutions and offsets ...

New role for Mutual Trust investment chief

KANIKA SOOD  |  TUESDAY, 27 JUL 2021
... including in consulting at Russell and Mercer. He was the chief investment officer at Mutual Trust for four years ending March, and at AIA Australia for about seven years before that. "With Graeme's experience in multiple sectors including superannuation ...

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... appreciate and deeply respect all the Aon colleagues we got to know through this process." The merger was first announced on 9 March 2020. Shareholders of both approved the merger in August 2020, as did the European Commission. However, locally, the ...

De Gori to leave FPA

JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... Australia chief executive Dante De Gori will step down at the end of the year. De Gori, who has served as chief executive since March 2016, has advised the FPA's board of his intention to leave. He has been with the FPA for a total of 12 years, having ...

AFA announces new chief executive

KANIKA SOOD  |  MONDAY, 26 JUL 2021
... advice association and celebrates its 75th anniversary this year. Kewin served as the AFA chief executive for four years from March 2017 and April 2021. He has since joined the National Insurance Brokers Association (NIBA) as its president, effective ...