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Showing 781 - 790 of 3698 results for "Though"

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... members who did not hold cover. Statewide's group insurer, both during the relevant period and now, is MetLife Australia. Though Statewide became aware of the mischarges in May 2018, it did not notify members nor did it act to prevent the premiums ...

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... since 2012, receiving fines total more than $1 million. Both CommSec and AUSIEX are fully owned by the Commonwealth Bank, though AUSIEX was acquired Nomura Research Institute in April 2020 with the transaction yet to be finalised.

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... AustralianSuper and QSuper, saying they have "stopped short selling shares." The funds have stopped securities lending, though AustralianSuper only stopped securities lending in Australia and still participates in the practice in its global equities ...

Vanguard to launch retirement income tool

ELIZA BAVIN  |  TUESDAY, 23 FEB 2021
Vanguard has announced it is launching the Vanguard Retirement Income Builder tool for financial advisers. Vanguard Australia head of intermediary Rebecca Pope announced the upcoming launch of the Vanguard Retirement Income Builder at Vanguard's recent ...

J.P. Morgan custody exec retires

KANIKA SOOD  |  MONDAY, 22 FEB 2021
A long-standing J.P. Morgan executive in its securities service business has retired after nearly 20 years with the company. Bryan Gray spent close to 20 years at J.P. Morgan, which is the largest custodian in Australia. Prior to this, he spent about ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
Woodside Petroleum's annual results, with a $US4.028 billion net loss for 2020, are food for thought for super funds, according to divestment activists. Several of Australia's largest super funds have significant holdings in Woodside. It appears ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... Bureau of Statistics' (ABS) reported that 29,100 workers found employment in January - in line with market expectations. Though the monthly addition in jobs has slowed -- 180K in October, 90K in November and 50K in December - January marked the fourth ...

Woodford flags comeback

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... the downfall of the Woodford Equity Income Fund. "The investigation is being appropriately resourced and is progressing, though there has been some impact on accessing certain documents and witnesses during the pandemic. It is important to note that ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... of Statistics' (ABS) reported that 50,000 workers found employment in December - in line with market expectations. Though the monthly addition in jobs has slowed from 180,000 in October and 90,000 in November, it remains a great feat when placed ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... in 2020 before growing 4.2% in 2021 and 3% in 2022". The EC is more sanguine about the risks to its revised forecasts, "though they remain high". "They are mainly related to the evolution of the pandemic and the success of vaccination campaigns." "Positive ...