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Showing 861 - 870 of 7033 results for "December"

Illegal early release of super sees director banned

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... financial products and services, when they were not. Although ASIC raised concerns about these statements with Edden-Brown in December 2020, he failed to remove the statements until July 2021, ASIC said. "As a result of this conduct, Edden-Brown is not ...

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
... Brighter Super chief executive Kate Farrar said the transfer of SPSL into Brighter Super was originally scheduled for December 2025. "The timeline was brought forward to give SPSL and Brighter Super members earlier access to lower fees and the greater ...

Regal names investment director

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... equity strategy (RG8), as well as other funds. Regal had about US$600 million in its Asian equity funds at the end of December 2022. At the end of January 2023, Regal had $5.4 billion in funds under management.

Brookvine folds into ASX-listed multi-boutique

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... April 6. As of April 12, AGP recorded an increase to its funds under management to $1.1 billion, up from $905 million in December 2022. AGP did not specify how much Brookvine contributed to the overall FUM but attributed the increase in part to the acquisition ...

Finfluencer barred from running online advice business

CHLOE WALKER  |  FRIDAY, 14 APR 2023
... said. "Financial services laws exist for the protection of investors." Proceedings against Scholz were first filed in December 2021.

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
... with, or exceeding, the ASFA Comfortable Standard to maintain their desired living standard in retirement. In the 2022 December quarter, the advocacy body reported the comfortable standard for a couple is $69,691 and around $49,462 for a single person. ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... Information shows that fixed interest ETPs were the fastest growing asset class in Australia last year. In the 12 months to December 2022, the fixed interest sector grew by 16% to $16 billion on net flows of $3.4 billion. Their share of the total market ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... investors, including the co-founder and chief executive of Apollo Global Management. However, JPMorgan filed to sue Javice in December 2022, having found about four million customer accounts were fake. In court documents, it was claimed Javice paid a ...

ASIC bans Gold Coast adviser

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
... years. Matai, an authorised representative and financial adviser of National Advice Solutions, was banned by ASIC in December last year for failing to act in the best interest of his clients. Following the ban, however, Matai applied to the Administrative ...

Portfolio resistance is key: VanEck

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... Fund rate to peak this year and then start falling. The 10-year US Government bond yield is expected to fall to 3.16% by December 2024." He further explained gold is the next lever and a traditional defensive asset. "It has not done a lot over the last ...