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Showing 681 - 690 of 4542 results for "Oct"

GSFM strengthens distribution capabilities

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
GSFM has appointed an experienced business development executive to the newly created role of consultant and wholesale distribution. Effective October 31, Michael Angwin has joined the fund manager, reporting to head of retail distribution Stephen Fletcher. ...

Hamish Douglass sells $118m in Magellan shares

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
Hamish Douglass has dumped $118.3 million of his Magellan Financial Group shares in a partial sale. Approximately 13 million in shares were sold last night through an after-market block trade at $9.10 per share. Magellan was informed that an entity ...

October proves kinder to Magellan

CHLOE WALKER  |  FRIDAY, 4 NOV 2022
After months of decreasing funds under management, Magellan Financial Group has reported the slightest of increases to its FUM despite further outflows. As at October end, Magellan's FUM sat at $51 billion; a month earlier it was $50.9 billion. Its ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
ASIC chair Joe Longo said the market regulator is currently investigating several listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
ClearView Wealth has concluded its strategic review process, with the board deciding not to proceed with any transactions. As previously reported by Financial Standard, ClearView began its strategic review process in September 2021, with the objective ...

Melissa Caddick's home sells

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2022
The receivers and liquidators charged with recovering what they can for Melissa Caddick's spurned investors have confirmed her Dover Heights property has sold. The house went on the market in September, listed by Sydney Sotheby's International Realty. ...

MLC Life updates retail insurance product range

CASSANDRA BALDINI  |  MONDAY, 31 OCT 2022
MLC Life Insurance has upgraded its insurance product range to strengthen customer protections. Effective today, the Income Replacement Ratios (IRRs) for both Income Assure and Income Assure+ will be raised for customers with higher incomes so they ...

Breach reporting improvements needed: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
Just 6% of licensees lodged a breach report in the first nine months of the reportable situations regime, with ASIC raising concerns that licensees still lack the systems and policies to identify and address issues. ASIC has released insights from the ...

New APRA chair named

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
John Lonsdale will take over as chair of APRA, with Margaret Cole now a deputy chair. Lonsdale will take on the role from Monday, October 31. He has served as a deputy chair since 2018. He said that "APRA will remain focused on fulfilling its mandate ...

ASIC takes first action over greenwashing

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
ASIC has taken its first action for greenwashing against ASX-listed energy company Tlou Energy. Tlou has paid a total of $53,280 to comply with four infringement notices issued by ASIC over concerns about alleged false or misleading sustainability-related ...