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Showing 811 - 820 of 6247 results for "December 2007"

Regulation should be balanced: Levy

ANDREW MCKEAN  |  WEDNESDAY, 1 FEB 2023
Financial advisers need a balanced regulatory framework, says Michelle Levy, lead of the government's Quality of Advice Review (QAR). At an event hosted by PritchittBland, Levy said almost all stakeholders are unhappy with the current system; financial ...

Another Diversa offering bites the dust

JAMIE WILLIAMSON  |  TUESDAY, 31 JAN 2023
Diversa is winding up DIY Master Plan, saying it is in the best interests of members, who will now be transferred to HUB24 Super. Established in 2007, DIY Master Plan is a solution for financial advice groups looking to offer their own superannuation ...

Aussies not bothered by volatile markets: State Street

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
In another classic case of "she'll be right, mate", Australian investors are far less concerned about the current market volatility than our global counterparts, according to new research by State Street Global Advisors. The ETF Impact Investment Survey ...

ASIC bans Gold Coast businessman

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
ASIC has banned a Gold Coast director from providing financial services for four years after discovering his business leased an algorithmic trading program and operated without a licence. Gregory William Finerty, the sole director of Bradford AI, has ...

Aware Super's Intermodal Terminal Company to build $400m terminal

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
Intermodal Terminal Company (ITC), fully owned by Aware Super, plans to build and operate a $400 million terminal to unlock Australia's supply chain. The planned terminal in Melbourne's north, set to be completed in 2025, will be Australia's largest ...

Regal reports FUM loss

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
During the December 2022 quarter, funds under management (FUM) for Regal Partners fell from $5.4 billion to $5.1 billion. Net inflows of $200 million were driven chiefly by the Regal Investment Fund, which raised over $90 million through a wholesale ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
Insignia Financial reported an increase in funds under management and administration (FUMA) in Q2 FY23 despite divesting from JANA and AET. Insignia FUMA was $285.1 billion as at 31 December 2022, an increase of $7.4 billion (+2.7%) on a continuing ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
The official Consumer Price Index jumped 1.9% in the December 2022 quarter, rising to the highest annual rate of inflation in over 30 years. The figures were released by the Australian Bureau of Statistics (ABS) today and mark the fourth consecutive ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
The regulator has placed additional conditions on the trustee's RSE licence, flagging serious concerns with Diversa's ability to manage risks and deliver quality outcomes for members. APRA explained that the new conditions are designed to address ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
In an ASX announcement, Generation Development Group (GDG) has reported negative quarterly gross inflows, down 38% on the period prior. GDG's net inflows were $59 million in the December quarter. The business also had $114 million sales inflows. GDG ...