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Showing 781 - 790 of 4023 results for "January"

Franklin Templeton shutters fund

KANIKA SOOD  |  MONDAY, 21 JUN 2021
... assets. It was managed by Alastair Hunter, Andrew McGann and Joseph Livermore. Hunter took over from Andrew Sisson in January 2019. Sisson designed the strategy at Balanced Equity Management, which became a wholly-owned subsidiary of FTIA in 2011. Its ...

CBA offloads general insurance arm

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... for $886 million. CBA is also expected to complete the sale of CommInsure Life to AIA Australia in the coming months. In January, AIA Australia and CommInsure Life sent a letter to CommInsure policyholders to inform them of the intended transfer by way ...

Investa names chief executive

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
... forward to working with the board and the broader Investa team to lead the business through the next chapter," he said. In January, the Investa Commercial Property Fund entered a 50/50 joint venture with international financial services group Manulife ...

AAT dismisses adviser ban appeal

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
... the review application after remittal from the Federal Court. The AAT dismissed the matter for non-appearance. Between January 2011 and November 2012, ASIC found Hutchison misled or deceived his clients by failing to disclose that they were charged advice ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
... it's still lower than the most recent peak of 27.59 it hit on May 12 and this year's high of 37.21 recorded in late January. Financial market participants, it seems, paid closer attention to chair Jerome Powell's words this time. In his press ...

Goodments by Douugh now in Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... H2 Ventures. That same year it was named the winner of the inaugural EY WAMTech PitchFest. Douugh acquired Goodments in January of this year, at which time it had about 13,000 users. Upon the acquisition, Culver became head of Douugh wealth. Launching ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
... company among the 200 largest publicly traded fossil fuel companies". The fund must also divest any such holdings by 1 January 2026. However, short-term investment funds that blend commercial paper or futures are exempt from the restrictions. The bill ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
... Halifax was placed into administration in November 2018 and entered liquidation in March 2019. ASIC cancelled its AFSL in January 2021. The regulator had been looking into the company for some time, with ASIC initially finding deficiencies in the business' ...

CFAs not immune to pay cuts

KANIKA SOOD  |  TUESDAY, 8 JUN 2021
... significant differences by gender or years of experience." The roles whose total compensation was most affected between January 2020 to the April/March survey were investment consultants (34% of respondents affected), compliance analysts or officers ...

Super fee squeeze continues

KANIKA SOOD  |  MONDAY, 7 JUN 2021
... Information's analysis of 475 product disclosure statements. Overall, 152 superannuation products updated their PDS's between January and March 2021. Of this, about 10% (16 products) increased their fees, 37% (56 products) decreased their fees and 53% ...