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Showing 881 - 890 of 6208 results for "SIX"

Umlaut acquires Specialist PMC

CHLOE WALKER  |  MONDAY, 4 JUL 2022
... capabilities has been a priority for the company over the last year. "We recruited staff and commenced the support practice six months ago, with the goal of enhancing our Xplan services," said. "Acquiring Specialist PMC represented an unmissable opportunity ...

David Elmslie steps down as Hostplus chair

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
... managing director and chief executive of BlackRock Australia. He spent a total of seven years at BlackRock in various roles, and six before that with Merrill Lynch Investment Management.

Melissa Caddick's multimillion dollar mansion to hit the market

CASSANDRA BALDINI  |  FRIDAY, 1 JUL 2022
... market." He added that the group is actively working towards having the property ready for sale "in the vicinity of five to six weeks." "Dover Heights Property forms part of the Receivership Property. Once all the Receivership Property is realised, there ...

More than 1700 advisers gone already

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
... is now 16,413 financial advisers currently active. At the beginning of the year, there was 17,668. This means that in the six months to June 30, 1740 names became inactive on the ASIC FAR. And, in that time, just 247 new advisers appeared on the register. ...

MLC Life enhances income product range

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
... income replacement ratio of 70%, with tiering for incomes above $150,000. Income Assure+ provides a ratio of up to 90% for six months post-claim if customers select the 'booster' option. The enhancements came into effect this week.

AMP North caps fees to expand adviser footprint

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
... administration fees as their total portfolio balance grows," AMP said. "In addition, clients can group together with up to six family members and benefit from family fee aggregation and capping, with up to six accounts each." AMP Australia director of ...

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... or misleading members. According to ASIC, seven trustees had general issues with the quality of their communications while six had issues with the mandatory disclosures required of them. Some trustees published the notification of the failure on a page ...

Diverger makes $65m bid for Centrepoint Alliance

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... a 30% premium on Centrepoint's closing price on June 22 and 29.8% premium on the volume weighted average price of the last six months. Diverger also said it is open to paying a dividend of up to $0.02 per share, provided a minimum balance of $8 million ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... will prioritise AFS licence applications from prospective corporate directors for an initial period of, at least, the first six months and it will not impose a limit of a single sub-fund on corporate directors of wholesale CCIVs. ASIC deputy chair Karen ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
... claimants are paid promptly. This includes income-related decisions within two months, lump sum decisions being made within six months and a fixed five-day turnaround for internal approvals. Also on claims, the new Code places further limits on surveillance ...