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Showing 711 - 720 of 4003 results for "August"

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... customers were affected. AMP raked in over $500,000 in insurance premiums; some $350,000 was charged between May 2015 and August 2019. AMP reaped more than $100,000 in advice fees from deceased customers; at least $75,000 was charged over the same period. ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... concern. "We have seen money markets repricing somewhat they are pricing at about a 58% chance of an interest rate increase by August. So much will depend on what happens with the next iteration of inflation data," Felsman said. The consumer price index ...

Lumiant, Invest Blue build digital advice platform

CASSANDRA BALDINI  |  MONDAY, 15 MAY 2023
... explained its investment in Lumiant follows its strategic partnership with outsourcing company Virtual Business Partners in August 2022. "We are a fast-growing company with ambitious goals and our strategic partnerships give us a competitive advantage," ...

GAM shareholders challenge acquisition

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... Liontrust," it said. The deal timetable has also been flagged as disadvantageous to GAM shareholders. They would have until August 11 to accept the offer but may not receive Liontrust shares for some months after, during which time they wouldn't be able ...

ASIC, APRA reviewer deprioritised by government

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... Authority was created on the back of a recommendation out of the Royal Commission. It only released its first review of ASIC in August last year and is still yet to release its first of APRA. It is chaired by former Macquarie chief executive Nicholas ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... large firms who reported earlier this year, including banks and some superannuation funds. The second group, to report by August, will be about 260 firms. ASIC estimates these two tranches alone will account for more than 60% of the total consumer and ...

abrdn chief economist rejoins Reserve Bank

ELIZABETH FRY  |  MONDAY, 8 MAY 2023
... Lawson has been appointed deputy head of the international department at the Reserve Bank of Australia (RBA), effective August 1. He began his career at the RBA in 2001 before serving as a senior economist at PNB Paradis, deputy director at the Washington ...

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... carrying on the businesses while unlicensed. His last authorisation was through Solar Financial Advisory which ceased in August 2017, according to the ASIC Financial Adviser Register. He was also previously licensed by Genesys Wealth Advisers and Charter ...

Lonsec nabs Franklin Templeton sales director

CHLOE WALKER  |  MONDAY, 24 APR 2023
... sales and service. Hraiki's appointment to the newly created role follows the acquisition of Implemented Portfolios in August last year and the subsequent restructure of the broader Lonsec team. He brings over 23 years of experience in financial services ...

High Court rejects Mayfair 101 plea

JAMIE WILLIAMSON  |  MONDAY, 24 APR 2023
... against the group. In February, the Federal Court lifted the international travel ban that had been placed on Mawhinney in August 2020 and reinstated in September 2022. The Mayfair 101 website states the group is relaunching this year, stating: "Mayfair ...