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Showing 761 - 770 of 4543 results for "Oct"

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...

May exam sees 43% pass rate

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
Less than half of the financial advisers who sat the exam in May have passed, results show. The May sittings represented the 17 th since the introduction of the exam and saw 496 advisers attempt it; 72.2% of which were resitting the exam for at least ...

MLC Life chief executive to depart

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
MLC Life will promote from within its leadership team to replace chief executive and managing director Rodney Cook, who will retire at the end of the year. Cook has led the insurer for two years so far, having taken over the top job in June 2020 and ...

AXA IM revamps senior leadership team

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
AXA IM Alts has announced a number of senior internal appointments to its Australian leadership team as part of its ongoing plan to drive growth in Australia's market. Antoine Mesnage has been appointed as AXA IM Alts head of Australia, effective ...

Hamish Douglass returns to Magellan

CASSANDRA BALDINI  |  THURSDAY, 9 JUN 2022
Hamish Douglass is set to return to Magellan in a consulting capacity from October. In doing so, Douglass is giving up his permanent role, effective June 15. The Magellan board today made the ASX announcement, declaring the return of Douglass who stepped ...

Kate Howitt to leave Fidelity

CASSANDRA BALDINI  |  FRIDAY, 3 JUN 2022
Fidelity senior portfolio manager Kate Howitt has announced her retirement after almost two decades with the firm. Howitt, who has led the Australian Opportunities Fund since 2007, will step down in September but continue to oversee the transition of ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
Beating consensus estimates, the Australian GDP rose 0.8% in Q1 and 3.3% year on year. While more positive than expected, the latest figures represented a slowdown from the 3.4% GDP growth realised last quarter. Barclays said the most recent GDP numbers ...

State Street plans local ETF portal launch

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
Following its launch in Singapore this week, State Street plans to roll out its Fund Connect ETF portal in Australia. The Fund Connect ETF portal is part of State Street Digital and provides access to more than 960 ETFs. It was made available in Singapore ...

Former adviser sentenced over dishonesty

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
A former financial adviser will serve a three-year correctional order, including home detention, for providing fabricated evidence as part of an ASIC investigation. Ezzat-Daniel Nesseim was sentenced to a three-year intensive correctional order after ...

ETF Securities to win Australian crypto ETF race

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
ETF Securities is claiming to have won the race to launch Australia's first bitcoin and ether ETFs. Cosmos Asset Management, 3iQ and other companies have jockeyed with ETF Securities to list first, but the latter has said it's ended the multi-year contest ...