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Showing 881 - 890 of 2950 results for "August 5"

OneVue to take Taiping to court

KANIKA SOOD  |  THURSDAY, 6 AUG 2020
OneVue will file court proceedings against Taiping Trustees to assert its right to about $9.4 million sale proceeds of Madison Financial Group and Sequoia shares. The ASX-listed company said its preference is still to resolve the matter out of courts ...

Vanguard funds downgraded by Morningstar

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
Four Vanguard funds totaling $17 billion in funds under management had their ratings slashed at Morningstar this week, as they had their first review under the ratings house's new methodology. The Vanguard Growth Index Fund ($5.6 billion), the Vanguard ...

CFA Institute reveals new exam regime

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
The CFA Institute has bid farewell to paper-based exams and has announced more flexible and convenient scheduling. The move comes in what the CFA Institute says will turn the challenges of the COVID-19 pandemic "into positive opportunities"; modernising ...

FPA award nominations open, new award announced

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
The Financial Planning Association of Australia has announced a new category in its annual FPA Awards, set to recognise members who have used technologies in innovative ways to deliver advice. The FPA Advice Innovation Award has been introduced to highlight ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
The Reserve Bank of Australia (RBA) delivered what every rational individual expected it to. At the conclusion of its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic ...

Perpetual opens retail raise

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
Perpetual has opened its share purchase plan to retail shareholders in an attempt to raise $40 million to fund the acquisition of US manager Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley). Eligible shareholders are able to purchase up to $30,000 ...

Regulatory, legal exam questions trip up advisers

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
FASEA has revealed the areas that financial advisers struggle with in the exam - with regulatory and legal questions presenting a challenge. In the June FASEA exam results for the first time the authority has provided some feedback from the exam data ...

Super fund for women adds fee

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
A superannuation fund that markets itself to women has created a new administration fee. FairVine Super, a sub-plan of Aracon Super, has added a $104 per annum administration fee (equating to $2 a week) for members in its balanced and growth options. ...

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
"We are all prisoners here of our own device." - Hotel California, The Eagles Victorian Premier Daniel Andrews declared Victoria in a "State of Disaster" from 6pm on August 2 and imposed Stage 4 restrictions that will run for six weeks (until September ...

Platforms reveal merger details

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
Powerwrap has released its target statement recommending its shareholders accept the off-market takeover offer moves forward with Praemium. The target statement prices Powerwrap at 29.75 cents per share based on a price of 44.50 cents per Praemium Share ...