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Showing 931 - 940 of 5911 results for "March 7"

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
Millennials (born 1981 to 1996) represent the fastest growing segment of new SMSF accounts. This is according to new data from AUSIEX, which found during the first quarter of this financial year there was a 9.3% increase in new SMSF accounts opened ...

Citi scores custody mandate

KARREN VERGARA  |  MONDAY, 8 NOV 2021
An Australian exchange-traded fund manager appointed Citi Australia as its new custodian and fund administrator. BetaShares, with $21 billion in assets under management, has partnered with Citi. The fund manager was previously with RBC Investor & Treasury ...

Crypto ETF breaks trading record

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
BetaShares' Crypto Innovators ETF (CRYP) broke a trading value record on its first day of listing. CRYP recorded $39.7 million worth of trades on November 4, smashing the previous record of $8 million set in March 2021. The fund opened at $11.25 per ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
Piper Alderman launched a class action against E&P Financial Group and its former chief executive Alan Dixon for allegedly providing conflicted financial advice and engaging in misleading and deceptive conduct. The law firm has taken Dixon and E&P Financial ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
Timeshare company Ultiqa Lifestyle Promotions is in the firing line for providing bad financial advice, following an investigation by ASIC. ASIC alleges that between October 2017 to March 2019 the advice was provided by authorised representatives promoting ...

CFS joins firms in net zero alignment

ANNABELLE DICKSON  |  THURSDAY, 28 OCT 2021
As the COP26 summit approaches Colonial First State (CFS), the NZ Super Fund and Goldman Sachs have announced their commitment to net zero initiatives. CFS announced its alignment to the goals of the Paris Agreement and is committing to net zero emissions ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
Bank of Queensland will offload St Andrew's Insurance for $23 million after receiving approval from APRA. BOQ announced on 14 October 2020 that it entered into an agreement with Farmcove Investment Holdings to sell St Andrew's subject to APRA's ...

Former Dover adviser banned

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
The corporate regulator handed down a six-year ban from providing financial services to a Melbourne-based financial adviser for failing to provide appropriate advice. Ashok Sherwal advised clients in need of cash to replace their existing insurance ...

Lakehouse Capital co-founder to depart

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
After five years, the Sydney-based investment firm is bidding farewell to its chief investment officer and co-founder. Joe Magyer will return to the US in March 2022 after nine years in Australia in order to be closer to his family. He first came to ...

Abrdn launches new strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
The recently rebranded abrdn has launched a new strategy in Australia. The fund manager's Global Risk Mitigation (GRM) Strategy is available to Australian professional and advised investors from today. Abrdn said the strategy aims to help investors ...