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Showing 931 - 940 of 6473 results for "September"

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... spending, stoked by the declining rate of unemployment - down to 4.0% in the June quarter (the lowest level since the September quarter of 2018. New Zealand's central bank raised the official cash rate to 0.5% from 0.25% following its October 6 board ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... Parliament on October 26, enabling the merger. The bill saw a relatively speedy turnaround, having only been introduced on September 1. "Subject to final regulatory and board approvals, this new fund will be a financial powerhouse for Queensland, supporting ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%. The Financial Adviser Standards and Ethics Authority's latest examination statistics show that more than 1300 candidates sat ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of 10.5% pa, the Future Fund now stands just shy of the $200 billion mark," Future ...

BT identifies Panorama outage cause

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... $147 billion in funds under administration, excluding BT Corporate Super, and an 18.8% market share. In the year to September 2021 the platform had net flows of $8.57 billion. "We continually seek dealer group and adviser feedback to help guide everything ...

APRA appoints investment risk lead from TCorp

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... the prudential regulator as head of investment risk. Geoff Stewart was appointed head of investment risk at APRA in September. Stewart recently finished up as TCorp's head of investment advisory after more than six years with the government body. Before ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... extend the cut-off date for existing financial advisers to pass the exam, such as the extension of the cut-off date to 30 September 2022 for advisers who have attempted the exam twice prior to 1 January 2022. The minister for superannuation, financial ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... Kaplan both faced public scrutiny in recent months over stock trades made during the pandemic. Rosengren retired on September 27 citing health reasons, while Kaplan resigned the same day and said the focus on his investment activities "risks becoming ...

Family offices back Regal resources fund

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... currently contributes to several existing Regal Funds and has delivered +22% per annum from strategy inception to end September 2021.

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... industry who have commenced their Professional Year since January 2019; this saw enrolments grow from 47 to 334 as at September. FASEA chief executive Stephen Glenfield commended financial advisers who have embraced raising industry standards and embarked ...