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Showing 791 - 800 of 3927 results for "November"

Link agrees to $3bn takeover

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... for acquiring 100% of the ASX-listed firm. The offer represents a 27% premium to Link's closing price of $4.33 on November 4, which is good enough for management to urge all shareholders to accept the bid. The $5.50 per share offer plus an interim ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... feedback process, which was only recently made available. Fifty-eight percent of the 2129 advisers who sat the recent November exam failed - the highest fail rate in the short history of the exams. The pass rate continues to deteriorate from as high ...

FASEA defers Standard 3 amendment to ASIC

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... to ASIC because the industry could not agree on a better alternative. FASEA floated the idea of amending Standard 3 in November, which currently states: "You must not advise, refer or act in any other manner where you have a conflict of interest or duty." ...

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... estimates the SJP mandate was worth $19 billion. Ler noted that Magellan's recent underperformance has only begun since November 2020. "We thought institutional clients would negotiate for lower fees rather than terminate Magellan. Regretfully this has ...

February 2022 adviser exam dates released

KARREN VERGARA  |  MONDAY, 20 DEC 2021
... centre or through remote proctoring. From 1 October 2022, exams will only be available via remote proctoring. The latest November exam results revealed a new low - only 52% of the 2129 advisers that sat it passed. Candidates who sat the exam and failed ...

Firetrail Investments launches global equity fund

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... companies with earnings upgrades and valuation re-ratings. Firetrail and its staff seeded and launched the strategy in November 2021 and has already funded the first institutional investor. In managing the fund, Hodgens brings over 35 years' experience ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... Queensland government employees and their families. 6) Industry fund chief steps down, successor named At the end of November, Spirit Super announced long-serving chief executive Leanne Turner will step down in early 2022 after more than a decade in ...

FSC names acting chief executive

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... 2020, marking his return to the FSC after serving as its superannuation and financial services policy manager between November 2011 and February 2018. His other roles include working as the head of government and industry affairs for wealth at Westpac ...

PIMCO revives local LIT plans

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... demand for income. The investment manager originally planned to launch the product in March 2020, announcing the move in November 2019. But in February 2020 it confirmed the launch would be delayed while Treasury conducted its public consultation on ...

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
... surge in inflation is "transitory" for months, Fed chair Powell (in his testimony before the US Congress at the end of November) declared that it's "probably a good time to retire that word". This means faster than expected taper and earlier than ...