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Showing 641 - 650 of 3927 results for "November"

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN | THURSDAY, 8 DEC 2022

... remediation costs. Countplus said: "As foreshadowed by CountPlus on 26 August 2022 at the full year results and again on 15 November 2022 at the Annual General Meeting, Countplus expect CBA to substantially complete client assessments by 31 December ...

OnePath Life sued over utmost good faith duties breach

JAMIE WILLIAMSON | THURSDAY, 8 DEC 2022

... exclusion was also applied to information relating to depression and a mental health history dating back to 1999. However, in November 2018 when the customer claimed against the policy following a shoulder injury, OnePath Life rejected the claim. According ...

RBA bumps up cash rate

ANDREW MCKEAN | WEDNESDAY, 7 DEC 2022

... little that was new. The statement suggested that the RBA's forecasts are unchanged since its full forecast update in November." "It directly cited the month CPI indicator figures, which were lower than expected (6.9%), but still cited the RBA's previous ...

RBA set to lift the cash rate again

ANDREW MCKEAN | TUESDAY, 6 DEC 2022

... lagged economic effects of policy, and appearing tough on inflation - in that order." "Given the strong employment data in November and the upcoming January meeting break, the easiest path for the RBA is to go ahead with a full 25bp hike."

Magellan FUM back at $50bn

CASSANDRA BALDINI | TUESDAY, 6 DEC 2022

Magellan Financial Group saw another drop in funds under management in November. This, after October saw its first increase in months. Magellan has reported that as of November 30 its FUM sat at $50.2 billion down from $51.0 last month. The drop was ...

Super funds complete mergers

ANDREW MCKEAN | MONDAY, 5 DEC 2022

... they were well progressed with potential discussions, the two signed a successor fund transfer deed hoping to merge by November 30. At the time, Mercy Super chief executive Wendy Tancred said: "We are delighted to reach this milestone confirming our ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS | FRIDAY, 2 DEC 2022

... and managed funds in relation to their claimed green credentials," Longo said in a speech at the ASIC Annual Forum in November. In October, ASIC took its first action for greenwashing against ASX-listed energy company Tlou Energy. Tlou paid a total of ...

Australian Ethical lowers fees

ANDREW MCKEAN | FRIDAY, 2 DEC 2022

... week, Australian Ethical and Christian Super finalised their merger. After the successor fund transfer was completed on November 25, 28,000 new members were added to Australian Ethical Super. Australian Ethical Super now has more than 90,000 members ...

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI | FRIDAY, 2 DEC 2022

... received repurchase requests equal to 2.7% or approximately US$1.8 billion which was approved by most of the board. In November it approved 43% of repurchase requests, equal to US$1.3 billion, and explained this month 0.3% of NAV will be eligible for ...

Colonial First State adds 17 new funds to FirstChoice platform

ANDREW MCKEAN | THURSDAY, 1 DEC 2022

... instant reporting capabilities and more investment options. Meanwhile, as previously reported by Financial Standard, in November, CFS debuted a major wealth platform innovation CFS Edge, a wrap platform which will be tested over the Christmas period ...

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Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI

The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA

Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA

ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI

KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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