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Showing 951 - 960 of 4003 results for "August"

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... Memorandum of Understanding with ACSRF to explore the possibility of creating a $21.5 billion merged fund. However, on August 25, the two funds said they have decided to not merge. At the time both funds said they had not yet received their APRA performance ...

Occupational exclusions under scrutiny

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... MySuper products are necessary or appropriate," Hume said. The Financial Services Council kicked off its consultation in August, asking stakeholders if such exclusions should be removed. The FSC said if a MySuper product's default life insurance ...

HGL relaunches fund to wholesale investors

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... the time. Joseph Constable is the portfolio manager of the rebranded fund. He has been with Supervised Investments since August 2016. HGL said it intends to launch additional funds in the coming months, consistent with its strategy to build a funds management ...

Departures continue at AMP Capital MAG

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... $3.2 billion Sydney investment firm, as the latter readies a new fund. Fiona Manning joined Apostle Funds Management on August 30 as a portfolio manager for a soon-to-be launched fund, the Apostle People and Planet Diversified Fund. "This is an important ...

Bravura appoints head of Sonata Alta

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... Bravura has hired an industry super operations manager as its head of Sonata Alta. Nicole Kennedy started in the role on August 30. She reports to Bravura's head of operations for Australia Jon Alder. She joins from CareSuper and previously worked ...

Equal Pay Day offers sobering reminder

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... achievement to the men in similar roles her were paid 30-35% more. Equal Pay Day in Australia changes each year. This year, August 31 marks Equal Pay Day as it caps the 61 extra days a woman would have needed to work to earn the same pay as a man.

Pinnacle distribution director exits

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... Pinnacle Investment Management's director of distribution has left the business. Matt Dell finished up with Pinnacle on August 27, having first joined the firm in April 2015. Prior to that he spent close to seven years at RARE Infrastructure (now ClearBridge ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... of the rising rates of infections at the time, the symposium was, for the first time in history, held virtually. On 27 August 2020 at the Hole, US Federal Reserve chair Jerome Powell virtually buried the Philips Curve - the inverse correlation between ...

Former adviser hit with criminal charges

KARREN VERGARA  |  MONDAY, 30 AUG 2021
... with breaching a financial services banning order on three occasions after appearing at the Brisbane Magistrates Court on August 27. ASIC banned Toledo from providing financial services for seven years in 2017 after he failed to act in the best interests ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... constraints, the outcome for members has been dramatic," he said. From the commencement of the arrangement on May 1 to August 25, Hostplus' MySuper option achieved 6.6%. Conceding that his fund has still failed the performance test, and will probably ...