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Showing 931 - 940 of 2952 results for "August 2012"

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
... FAR. About 8000 have so far sat the FASEA exam, Glenfield said. More than 3000 are registered for the June (2200) and August (1200) exams. Glenfield said that following the August exam, 50% of the ASIC FAR will have sat the exam with approximately 30% ...

MLC launches new advice business

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
MLC has introduced a new advice business to the market, retiring the Apogee, Garvan and Meritum brands and appointing a general manager to lead the venture. Following on from the announcement in August last year that Apogee, Garvan and Meritum would ...

Frontier Advisors adds to leadership

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
Frontier Advisors, which has $410 billion in assets under advice, has made an appointment for a key leadership position. David Jenkins will step into the role of head technology and operations at Frontier Advisors. Jenkins joins Frontier from his role ...

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
A woman has dragged an advice firm and its leads to court, claiming they took control of her bank accounts and misappropriated about $1.4 million of her money. Danusia Giam is seeking compensation from Melinda and Robert Patterson and three related ...

Global investment firm appoints new head of distribution

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
T. Rowe Price has announced a new head of distribution to succeed Murray Brewer who will retire at the end of 2020 after 14 years with the firm. Darren Hall has been appointed the new head of distribution for Australia and New Zealand, effective 28 ...

March ASX200 volatility worse than GFC

KANIKA SOOD  |  THURSDAY, 14 MAY 2020
The Australian stock market showed greater intraday volatility in March than it did during the peaks of the Global Financial Crisis, according to new research from Allan Gray. Nine trading days in March showed volatility above 10% for S&P/ASX 200, with ...

AMP NZ wealth divestment off

ALLY SELBY  |  FRIDAY, 8 MAY 2020
AMP will no longer divest its New Zealand wealth management business, after it did not receive any offers that met the company's expectations. It also pointed to the economic and market disruption caused by the COVID-19 pandemic as a reason for ...

AFSL pleads guilty to mishandling client money

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
In the first case of its kind in Australia, an AFSL is facing criminal prosecution for mishandling client monies, and has pleaded guilty. Pershing Securities Australia Pty Ltd (PSAL) pleaded guilty at the Downing Centre Local Court in Sydney to mishandling ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
The $110 billion superannuation fund has decided to not appeal a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal ...

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
While the fallout from the COVID-19 pandemic has demolished the return expectations of investors for the year, new analysis shows MySuper products have managed to turn things around. Latest Rainmaker research shows MySuper products offered by not-for-profit ...