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Showing 881 - 890 of 3927 results for "November"

Pinnacle to increase stake in Coolabah

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... $116 million. PNI today said it will increase its stake in Coolabah to 35%. "Since PNI entered discussions with CCI in November 2019, CCI's funds under management has grown from $2.9 billion to $7.9 billion today, powered by outstanding CCI performance ...

AustralianSuper to shutter property option

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... returns were down to 4.26% for FY21, as property more broadly made a smaller return contribution during COVID lockdowns. In November 2018, the fund capped members allocations to the property option at 70% and added an ability for it to freeze redemptions ...

HGL relaunches fund to wholesale investors

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... Investments' fund to wholesale and sophisticated investors. The Supervised Fund, launched by Supervised Investments in November 2007, will rebrand to the H&G High Conviction Fund. The original fund has a concentrated portfolio of listed equities, predominantly ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... July exam compared with an average of 81% across all exams. Soon, financial advisers will have the chance to sit the November examination regardless of their last sitting thanks to a new relief proposed. Separately, FASEA has approved the new Graduate ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... removal of grandfathered commissions. It says the MySuper products have now made $24 million worth of fee cuts since November 2020. "The decision to reduce our administration fee for our FirstChoice Employer Super members is part and parcel of how CFS ...

APRA outlines remuneration standard

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... said it received a large amount of feedback on the standard, but stakeholders outlined unrealistic suggestions. Later in November 2020, APRA released a draft of the remuneration guidelines which scrapped a move to cap financial measures' contribution ...

Stockspot hires from Vanguard

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... are likely to be around 0.4% to 0.5% p.a. Vanguard is currently building a superannuation offering, first announced in November 2019. It has since built its superannuation team and board, appointed an external administrator and returned institutional ...

ASX outage result of process failures, disagreement

KARREN VERGARA  |  MONDAY, 23 AUG 2021
Following an independent review on a major trading glitch last November, the Australian Securities Exchange has come out relatively unscathed. The joint investigation by ASIC, the Reserve Bank of Australia and IBM into the implementation of the Nasdaq ...

Three-month relief proposal gains traction

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
The relief that will allow financial advisers to sit the November examination regardless of their last sitting is closer to becoming official. The Financial Advisers Standards and Ethics Authority announced yesterday that the Corporations (Relevant ...

360 Capital winds up listed equities business

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... move follows TGP's decision to focus on higher-margin private equity business. The Active Value Fund was launched in November 2019 and managed by Dennison Hambling. It listed on the Chi-X last year. Ralton was also a recent investment for 360 Capital. ...