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Showing 641 - 650 of 2942 results for "August 20"

Clime wants director removed

KARREN VERGARA  |  TUESDAY, 3 AUG 2021
The chair of Clime Investment Management and one of its shareholders are calling for the removal of long-serving executive Neil Schafer. Clime has scheduled an extraordinary general meeting on August 6, putting forth a resolution to shareholders to ...

First YFYS performance test results weeks away

KANIKA SOOD  |  MONDAY, 2 AUG 2021
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday. The first round covers MySuper products alone. Trustee-directed products ...

WTW names local head of investments

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
Willis Towers Watson appointed a new lead for its investments team in Australia as the incumbent moves to client consulting. From August 1, Aongus O'Gorman will lead the Australian investments team, succeeding Martin Goss, who has been in the role ...

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
The US$30 billion merger between Aon and Willis Towers Watson is off, with Aon paying WTW a US$1 billion termination fee. In a statement, the companies said it was a mutual agreement - though the decision was forced by lack of regulatory approval in ...

De Gori to leave FPA

JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
Financial Planning Association of 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 ...

AFA announces new chief executive

KANIKA SOOD  |  MONDAY, 26 JUL 2021
The Association of Financial Advisers has appointed a new chief executive to replace Phil Kewin who resigned earlier this year. Helen Morgan-Banda will move into the role on August 2. She has nearly 10 years of experience as the chief executive of two ...

BTFM, Asgard Capital fined $3m

KARREN VERGARA  |  MONDAY, 26 JUL 2021
The Federal Court will force BT Funds Management and Asgard Capital Management to pay $1.5 million each for charging fees for no service and making misleading statements. Between September 2014 and August 2017, the court found that the companies harmed ...

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation. ...

Perpetual AUM rises

ANNABELLE DICKSON  |  FRIDAY, 23 JUL 2021
Perpetual has recorded a $5 billion increase in total assets under management reaching $98.3 billion in its quarterly update. International assets under management grew 2.8% to $73.6 billion, inclusive of Trillium and Barrow Hanley. It recorded net ...

ASIC consults on anti-hawking rules

KANIKA SOOD  |  THURSDAY, 22 JUL 2021
The corporate regulator has opened consultation for the proposed ban to hawking of financial products. Anti-hawking reforms are slated for an October 5 start. They are a part of the government's response to the Hayne Royal Commission, which said hawking ...