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Showing 811 - 820 of 4157 results for "April"

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... interest rates, others "tapered" their bond purchases, and the Reserve Bank of Australia (RBA) ditched its target to keep the April 2024 Australian government bond yield at 10 basis points at its November meet. But overall, major central banks are keeping ...

Complaints filed against ASIC lawyers

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... allege he continued to raise funds through financial products despite ASIC having handed him a 20-year ban from doing so in April. The regulator is seeking injunctions to stop Mawhinney from promoting products. It has also issued separate proceedings ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... Documents state MLC became aware of its outdated definitions by 2014 but did not update the relevant policies until mid-2017 and April 2019. It is also alleged the insurer failed to notify at least 815 customers that their annual premiums had increased ...

Industry fund investments chief to depart

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
... spokesperson for LGIAsuper and Energy Super said: "The expected integration of LGIAsuper and Energy Super with Suncorp Wealth on 1 April 2022 will create a $30 billion fund with more than 265,000 members. "To ensure we meet the needs of our growing and ...

ASIC files contempt application against Mawhinney

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
... that Mawhinney has continued to raise funds through financial products, even though ASIC banned him for 20 years. On 19 April 2021, Mawhinney was ordered by the Federal Court to stop raising funds through financial products for 20 years. However, the ...

Vanguard launches automated investing solution

KARREN VERGARA  |  MONDAY, 15 NOV 2021
... charges a $9 brokerage fee. More than a third of Vanguard's UK customers on the platform use the Auto Invest feature. In April, UK personal financial planning customers saw their fees reduce to three times less than what the industry charges on average ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
Did the Reserve Bank of Australia (RBA) jump or was pushed by the bond market to scrap its target to keep the April 2024 Australian government bond yield at 10 basis points. The answer to this question becomes important because it would dictate future ...

QIC names Frawley's successor

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... incumbent steps down next year. Lendlease group head of investments Kylie Rampa will commence as QIC's chief executive in April 2022 as Damien Frawley caps off 10 years with the Queensland government-owned investment management corporation. Rampa ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... headlines devoted at dissecting the RBA's November 2 decision to "discontinue the target of 10 basis points for the April 2024 Australian Government bond", forced into submission by the bond markets. But as the RBA explained: "The decision to discontinue ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... Ultiqa ceased selling interests in the scheme on 28 January 2020 and was placed into members' voluntary liquidation on 30 April 2021. However, the scheme remains active, as does the Ultiqa Group entities. On the back of this action, ASIC deputy chair ...