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Showing 71 - 80 of 3534 results for %22November 2009%22

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... billion in funds under advice. Count will swallow up Diverger after COG Financial Services backed out of the running last November.

Super viewed as lifeboat by Aussies: Survey

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... superannuation savings. An Essential Research survey of 1151 people, commissioned by the Super Members Council (SMC) in November, found that almost two-thirds of Australians believe super makes them feel more confident about their financial wellbeing. ...

CalSTRS investment chief announces retirement

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
... Under Ailman's guidance, CalSTRS' investment portfolio expanded from $109.6 billion to $317.8 billion as of 30 November 2023, and has consistently ranked in the top quartile for performance. Over his tenure, Ailman formed two new asset classes ...

Centrepoint Alliance chair resigns after four months

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
... "Simon saw the benefits of consolidation and scale, initiating the sale of ClearView's advice business to Centrepoint in November 2021, which resulted in him joining the board," Shuttleworth said. "Simon has always been actively engaged with the team ...

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... loans to then-subsidiary Beacon Financial Group. All four were banned from providing financial services for five years in November 2019. On January 10, Judge Cheeseman ordered that Nielsen and Williams each pay a $100,000 penalty for their involvement. ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... its noteholders, who funded the project," Mayfair 101 said. However, Mayfair 101 has seen some small wins recently. In November 2023 ASIC was ordered to pay Mawhinney's costs in its bid to bring an expanded case against him which was rejected by the ...

ASIC cracks down on Prospero for reporting failures

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... ASIC has been investigating Prospero for suspected breaches of the Corporations Act. Its investigation commenced on 16 November 2023 and is looking back as far as 1 March 2021. In December, Prospero was requested by ASIC to provide an undertaking promising ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
Inflation declined to 4.3% in the year to November 2023, easing from 4.9% in October. The latest data from the Australian Bureau of Statistics (ABS) found that the rising costs of housing (up 6.6%), food and non-alcoholic beverages (up 4.6%), insurance ...

Infrastructure's diversification benefits timely: Clearbridge

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... not enough to keep infrastructure valuations from falling due to the rise in real bond yields. Langley reported that in November 2023, yields in the US increased by 1%, resulting in a contraction in price earnings multiples for utilities. "Utility and ...

CSLR estimates $241m to fund backlog of complaints

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... estimates $241 million will be needed to fund claims lodged with the Australian Financial Complaints Authority (AFCA) between November 2018 and September 2022. The CSLR is set to begin receiving claims in April this year, with an annual cap on compensation ...