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Showing 771 - 780 of 4023 results for "January"

FASEA maintains low pass rate

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
... This is in line with the March results which also recorded the same pass rate and slightly better than 67% that passed in January. Currently, over 14,850 advisers have passed the exams held to date representing 74% of advisers on ASIC's Financial Adviser ...

Qantas Super introduces passive option, drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... million - about 11% more than what is needed to meet member benefits. Qantas will resume normal funding arrangements from 1 January 2022, with a review of the reduced contributions planned for November.

Saxo Markets names head of asset management

JAMIE WILLIAMSON  |  TUESDAY, 29 JUN 2021
... bring Saxo's upcoming asset management offering to APAC. Prasad led Ignition Advice for two years before resigning in January. Prior to this he was a director of wealth management at KPMG Australia. 'Saxo Markets has established itself in the ...

Stonehouse acquires risk advice firm

KARREN VERGARA  |  MONDAY, 28 JUN 2021
... advisers to keep their head above water. The gradual reduction in commissions has forced many out of the industry. On 1 January 2020, upfront commissions locked in at 60% of the premiums for the first year, while trailing commissions were capped at 20% ...

ASIC removes Societe Generale restrictions

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... $771 million and the bank was fined $15,000 for these two counts. Furthermore, the third count was for breaches during January 2017 through to January 2018 where on 20 separate occasions part of Societe Generale's intercompany margin call/reconciliation ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... the Corporations Act. A two-stage registration system will take effect next year. Stage one, which takes effect after 1 January 2022, will see advisers apply to ASIC so they are recorded in the Financial Advisers Register. Stage two coincides with the ...

Advisers who failed FASEA exam granted extension

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... proud," she said. The March FASEA exam results show that a total of 69% of candidates passed, slightly better than the 67% January sitting pass rate.

CountPlus acquisitions boost revenue by $9.4m

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... FASEA exam, existing financial advisers must complete additional education requirements to meet FASEA standards prior to 1 January 2026. Over 60% of Count Financial advisers have 2 or fewer units to complete before 1 January 2026 to complete their financial ...

Chief economist update: Thank you, my frenemy

BENJAMIN ONG  |  THURSDAY, 24 JUN 2021
... overall trend remains on the up and up. The China Iron and Steel Association reports that crude steel production in the January - May 2021 period had risen by 13.9% compared to the same five-month period in 2020. Iron ore prices will remain elevated ...

ASIC fines trading firm

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
... Trading did not have appropriate supervisory policies and procedures from the time it became a market participant on 28 January 2019 until 4 June 2020. In addition, the MFP believed Life Trading's framework for the supervision of traders was under-resourced ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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