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Showing 891 - 900 of 6473 results for "September"

Shareholders reject Westpac remuneration report

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... proposed eliminating variable rewards and bonuses for 14,000 other employees. Shareholders could not see pass the full year September results, which recorded a 138% jump in statutory profit to $5.5 billion. The bank attributed the earnings jump to a ...

Do inflows follow performance?

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
... follow performance, but there's a catch. Rainmaker analysis of actively managed funds data for the 12 months to September this year shows flows follow performance but there is a lag of about 12 months as it takes time to recognise outperformance. ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... take the matters to the Takeovers Panel. PGF and PAF are managed by PM Capital, owned and founded by Paul Moore. On September 6, PGF made an offer to acquire PAF. This was subsequently announced to the market on September 15. Also on this date, PGF had ...

ASIC sues ANZ in final civil RC case

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... decades. In what is the last investigation to come out of the Royal Commission, ASIC alleges that between the mid-1990s and September 2021, ANZ failed to provide certain benefits. These benefits included fee waivers and interest rate discounts. The conduct ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... since October 2020. The analysis also shows that 5% of products decreased fees multiple times during the period. The September quarter saw 159 products update their PDSs - more than the previous quarters. Of these, 21% increased fees, 25% decreased fees ...

Pre-retirees worry about political risks: Survey

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... time in five years, one in two retirees expect their retirement savings will outlast their years in retirement. As of September 2021, pre-retirees expect their savings to last on average 22 years, seven years longer than only a year ago," Investment ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
Australians all, let us rejoice... for despite the Delta-induced lockdowns in the September quarter, the domestic economy shrank by much less than most of us were expecting. The Australian Bureau of Statistics' (ABS) National Accounts report shows ...

AAT downgrades adviser banning

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
... signature while a representative of ANZ. Lee represented Infocus between 5 June 2010 and 15 June 2017, and ANZ between 19 September 2017 and 19 November 2018. In one of her explanations, she said that her conduct was in the context of a number of "problems" ...

Clime partners for $330m SMAs

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
... will help increase Clime's SMA market share. Assets for Clime's SMA business stood at $99 million at the end of September, while individually managed accounts had $581 million in funds under management. "Ralton managed accounts are available ...

Proposed reforms could simplify advice

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
... Stakeholders can voice their feedback and concerns until 25 February 2022. The ALRC's second interim report will be released in September 2022 and the last interim report is slated for August 2023.

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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