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Showing 751 - 760 of 5506 results for "September 2011"

Top investment products, super fund revealed

STAFF WRITER  |  THURSDAY, 2 DEC 2021
Vanguard, UniSuper and BetaShares are some of the winners in Money magazine's 2021 Best of the Best Awards. Vanguard Investments Australia is this year's best investment manager as many of its products featured in several categories. Vanguard Australian ...

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
ASIC has commenced proceedings in the Federal Court against ANZ for breaches of the Credit Act arising from referrals through its home loan 'introducer program' and from unlicensed individuals outside the introducer program. The program involved ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
AMP's 2021 full-year performance will cop a $325 million hit as it uncovers massive impairment charges. The impairment charges comprise partial impairments of deferred tax assets ($100m), write-downs of intangibles ($135m), onerous lease contracts ($110m) ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
A plaintiff in the Piper Alderman-led class action against Dixon Advisory is attempting to ring fence the $7.2 million civil penalty determined by ASIC. Kosen-rufu, an applicant in a class action against Evans & Dixon (now E&P Financial Group) and subsidiary ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
Trading platform Stake - which has a DIY super offering - has called out some of the largest super funds, saying they are failing to roll over members to its SMSF offering in the required three days. Since October 1, APRA regulated super funds have ...

Women advisers drop to 21%

KARREN VERGARA  |  MONDAY, 22 NOV 2021
The number of women working in the financial advice industry has dropped to 21% compared to 25% two years ago. Rainmaker's modelling of the September ASIC Financial Adviser Register shows that only one in five financial advisers out of the total pool ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
Not taking a hike "It's not time to make a change Just relax, take it easy..." -Cat Stevens, Father and Son The curse du jour that is rising inflation has raised volatility in the bond and equity markets by virtue of the anticipated central bank ...

New study finds advisers optimistic about growth

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
Iress' inaugural Advice Efficiency Survey reveals that more than 70% of advice practices forecast growth over the next three years. The survey, commissioned by Iress alongside practice development consultancy Business Health, conducted the research ...

Industry fund investments chief to depart

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
LGIAsuper's chief investment officer is set to exit at the end of the year, with the fund confirming it is overhauling its investment team. Troy Rieck will leave LGIAsuper at the end of the year, following about two years with the fund. Confirming ...

Unlisted unit trust conversions boost ETP sector

KARREN VERGARA  |  MONDAY, 15 NOV 2021
Unlisted unit trusts converting to exchange-traded products continues to bolster the $125.3 billion sector, new research suggests. Rainmaker's September 2021 ETP report found the growth in ETP assets was driven by the conversion of unlisted unit ...