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Showing 871 - 880 of 7033 results for "December"

Fund manager acquired by US fintech

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
... valued at US$24 million. The acquisition is expected to close in Q2, however no definitive agreement has been signed. In December 2019, former Bateau Asset Management owner Wayne Blazejczyk was banned for five years. He was was responsible manager, director ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... divisions, the Oracle Superannuation Plan moved to HUB24 Super in October 2022, and the ARA Retirement Fund was transferred in December 2022. Xplore Super and Pension, is also slated to join HUB24, and Elevate Super will now transfer to Russell Investments' ...

Kapstream wins new mandate

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
... Ethical has chosen us as a partner," she said. Australian Ethical's funds under management jumped 21% in the year to December 2022 to $8.37 billion, in part due to the completion of the Christian Super successor fund transfer, which contributed $1.93 ...

Managed accounts achieve record inflows: IMAP

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
In the six months to 31 December 2022, funds under management (FUM) in managed accounts increased to reach a new high of $144.5 billion, according to the latest data by the Institute of Managed Account Professionals (IMAP) and Milliman. This is up 9.8% ...

Bank of Queensland names Frazis replacement

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... Patrick Allaway has been named as Bank of Queensland's (BOQ) new managing director and chief executive for the period up to December 2024. The temporary appointment comes after former chief executive George Frazis departed suddenly last year. BOQ director ...

ClearView enhances ClearChoice products

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
... strong new sales across its life insurance business, reporting $11.3 million in new business for the six months to 31 December 2022, up 9% on the previous corresponding period. "We have taken our time to listen to adviser feedback and watch how the market ...

Industry fund bags consecutive customer experience award

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
... framework that measures the quality of customer interactions with organisations over a 12-month period. From January to December 2022, a total of 204 major Australian companies from seven sectors, including 16 super funds, were covered in the study. ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... insurance policies," it said. Fong was an authorised representative of AMP Financial Planning between January 2004 to December 2014, as well as a credit representative for more than four years. In 2014, Fong was alleged to have acted dishonestly by recording ...

February exam records 67% pass rate

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... chief executive and co-founder Todd Karamian was permanently banned by ASIC recently for faking his exam results. In December 2021, Karamian changed the result on his Financial Adviser Certificate from a 'fail' to a 'pass' and provided ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... its competitive landscape. The ASX accounted for 82.8% of total dollar turnover in equity market products during the December 2022 quarter, but its dominance may begin to diminish as businesses explore alternative providers of clearing and settlement ...