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Showing 771 - 780 of 5502 results for "September 2003"

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%. The Financial Adviser Standards and Ethics Authority's latest examination statistics show that more than 1300 candidates sat ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of ...

BT identifies Panorama outage cause

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
BT has identified the cause of its $147 billion platform being down for a week, with new chief executive Matt Rady making assurances for the future. Disruption to BT Panorama started on Monday, August 2 and full service was not restored until Sunday ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
The Federal Reserve is restricting the investing activities of policymakers and senior staff, including banning them from holding or trading individual stocks and bonds. Following a review and recent scandal, the Federal Reserve has moved to prohibit ...

Family offices back Regal resources fund

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
A small group of family offices have backed a new long/short resources fund from Regal Funds Management to the tune of $90 million. Regal said it was recently approached by a small group of family office clients requesting an ability to gain a singular ...

Six Park hires operations chief

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
Six Park hired a new operations chief in September who finished up at Westpac after a decade with the bank. Tuula Keto is the robo-adviser's chief operating officer. She most recently worked in the bank's group and change integration unit and ...

CFS fined $20m over super misconduct

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
Colonial First State will pay $20 million for misleading members in its FirstChoice Fund. The fine follows the court's decision in September that CFS had misled members on almost 13,000 regarding investment decisions, possibly deterring them from ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
Financial advisers have been focused on mitigating the impacts of COVID-19 on superannuation for their clients, according to BT. BT's technical team received over 2000 enquiries from advisers in the September quarter and the most asked question was ...

Ellerston investments chief takes board role

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
The chief investment officer of Ellerston Capital has been appointed a director of a $40 billion superannuation manager. As of this month, Christopher Hall sits on the board of Funds SA, the South Australian government's investment corporation that ...