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Showing 941 - 950 of 5506 results for "September 19"

Risk inflows stay flat

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
Risk premium inflows experienced marginal decreases in the 12 months to September 2020, new research shows. The latest data from Plan For Life showed inflows decrease by 0.4% with the largest falls from BT/Westpac (-20.8%) and AIA (-10.1%). These were ...

High Court dismisses Westpac appeal

JAMIE WILLIAMSON  |  WEDNESDAY, 3 FEB 2021
The High Court has affirmed the Federal Court's 2019 decision that two Westpac subsidiaries provided unlicensed personal financial advice. In a decision handed down today, the High Court of Australia dismissed Westpac's appeal, determining the ...

Morningstar appoints director of manager selection

KANIKA SOOD  |  TUESDAY, 2 FEB 2021
Morningstar has appointed Aman Ramrakha as a director of manager selection services, as it looks to grow its implementation business. In his most recent role, Ramrakha was Morningstar's director, manager research ratings for APAC. The firm will recruit ...

HUB24 completes Paragem sale

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
HUB24 has confirmed the completion of the sale of Paragem to a subsidiary Easton and announced a new member of the Easton board. HUB24 confirmed the completion of the Paragem sale to the ASX saying it has now received the 3.3 million Easton shares issued ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
ASIC has succeeded in winding up the issuer of Mayfair 101's debenture products, with the Federal Court ordering M101 Nominees to wind up. The is the first outcome arising from ASIC's ongoing actions against Mayfair 101 Group and its director James ...

You can't hate Trump but love the S&P 500: Research

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
If you disliked Donald Trump, you may want to reconsider your investment in S&P 500 stocks as new research shows these companies are likely to donate more to the Republicans than to the Democrats. Goods Unite Us mapped political donations from S&P 500 ...

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
A new year, a new administration but its same old, same old for the US Federal Reserve. As expected and in a unanimous decision, the Fed confirmed: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
Australia's consumer prices continue to recover from the 1.9% drop in the June 2020 quarter - the largest quarterly fall in the 72 year history of the CPI. However, the Australian Bureau of Statistics reported that the country's headline inflation ...

MLC Life appoints transformation lead

JAMIE WILLIAMSON  |  THURSDAY, 28 JAN 2021
MLC Life Insurance has welcomed a new chief innovation and transformation officer who has previously held roles with AIA Australia and NAB. Rick Wingfield has taken on the role, replacing acting chief innovation and transformation officer Tahir Tanveer. ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
The $171 billion sovereign wealth fund increased its cash position to 19.8% or about $34 billion, as it reports a positive year for returns ending December. Future Fund returned 1.7% in the year after positive returns in the September and December quarters ...