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Showing 601 - 610 of 6469 results for "September"

Bridges adviser base drops 20%

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... up its restructure. Twenty-three Bridges authorised representatives ceased on the ASIC Financial Adviser Register in September, dragging the advice group's total number down to 104, Rainmaker modelling of the dataset reveals. Bridges also saw a massive ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... According to ASIC's Financial Adviser Register, Sebo was licensed under MCA Financial Planners between May 2014 and September 2018. Between January 2009 and April 2014, he was at Sentry Financial Planning. ASIC cancelled Platinum Perpetual Global Private ...

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... rolling out a targeted remediation program to refund customers who incurred cash advance fees between November 2018 and September 2021. ANZ has admitted the contraventions and agreed to the Court's orders. The Court plans to release its rationale for ...

VanEck to launch three fixed income ETFs

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... access to various maturity profiles. The funds management firm's upcoming product suite, scheduled for release on September 28, introduces three Australian government bond ETFs: 1GOV, bonds with one to five-year maturities; 5GOV, bonds with five ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... NextGen's other entity, Nextgen Financial Group Holdings, is also in the process of winding up, with the hearing set on September 29 at the New South Wales Federal Court. Since NextGen has made no effort to pay, the trustee has instigated the wind ...

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... share. This implies a value of $1.14 per Diverger ordinary share based on the last closing share price of Count as at September 21 of $0.56. The cash component totals $14.6 million and will be funded by a new debt facility. HUB24, which is a major shareholder ...

Betashares expands fixed income range

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... net inflows from investors, making it the highest growth category in the Australian ETF industry year to date. As at September 2023, Betashares manages over $9 billion in cash and fixed income ETFs. It added several of its ETFs, including the Betashares ...

CalPERS investment chief tenders resignation

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2023
... largest pension fund in the US has resigned after just 18 months in the role. Nicole Musicco will depart the fund on September 29, citing family reasons for her resignation. Having travelled between the fund's headquarters in Sacramento, California ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... in the Euro region signals a commitment to that goal and factors in an outlook of sticky inflation. The ECB said its September macroeconomic projections for the region see average inflation at 5.6% in 2023, 3.2% in 2024, and 2.1% in 2025. "This is an ...

Ironbark, Invest Blue to create $64bn powerhouse

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... Australia's largest diversified financial services businesses. The merger is expected to be completed by the end of September, once finalised the newly formed entity is set to oversee approximately $64 billion in funds under management, trusteeship ...