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Showing 901 - 910 of 6471 results for "September"

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
... 50,000 loans were referred to ANZ through the introducer program, resulting in lending of more than $18.5 billion. In September 2018, the introducer program contributed to approximately 10% of all home loans sold by ANZ's branch network in Australia. ...

CCIV legislation introduced

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... consultation. The latest draft legislation was released in August of this year and a brief consultation wrapped in late September.

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... the future strategic direction." She added that the charges are mainly non-cash and related to legacy issues. In its September quarter update, the group reported mixed results. The wealth management business saw $1.4 billion in outflows while the North ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... putting their money in the troubled ASX-listed US Masters Residential Property Fund (URF) and related products between 2 September 2015 and 31 May 2019. ASIC ultimately dropped its Federal Court case against Evans & Dixon and instead ordered it to pay ...

Super assets rise to $3.4tn

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
Superannuation continues to break milestones, reaching $3.4 trillion in the year to September. Thanks to a 55% allocation to equities, the latest APRA statistics show that the superannuation pool reached another record high. Some 23% of total assets ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... processes approximately 98% of eligible rollovers within three days. "Sunsuper introduced our Rollover Out solution in September 2021 and, as with other SuperStream iterations, there are always learnings that create the need for minor adjustments. Rollover ...

Women advisers drop to 21%

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... working in the financial advice industry has dropped to 21% compared to 25% two years ago. Rainmaker's modelling of the September ASIC Financial Adviser Register shows that only one in five financial advisers out of the total pool of 19,238 are women. ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... country's wages suggests that the RBA is correct. The annual growth in the country's total wages accelerated to 2.2% in the September 2021 quarter (from 1.7% in the previous one) - not something you'll write your mother and certainly not one to persuade ...

Risk inflows marginally recover

ANNABELLE DICKSON  |  FRIDAY, 19 NOV 2021
... to be fixed rather than a trend. Speaking on a panel at the Association of Financial Advisers national conference in September, AIA chief executive Damien Mu said calling it a trend sets the wrong expectation. "We do know that we have a problem when ...

New study finds advisers optimistic about growth

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
... practice development consultancy Business Health, conducted the research with 113 advice practices across Australia in September 2021. Results from the survey found that 72% of financial advice businesses expect growth in the short to medium term, however ...