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Showing 971 - 980 of 9560 results for "Release"

Perpetual hires distribution lead, ramps up expansion

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
Perpetual is reaping the benefits of its new acquisitions, hiring a new distribution director to continue its global expansion strategy. Jan Hein Alfrink joined the offshore business Perpetual Asset Management International (PAMI) this month as director ...

Updated life code released

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
The Financial Services Council (FSC) released the second draft of the Life Insurance Code of Practice 2.0 for public consultation. The latest draft of the code was released today, incorporating feedback from the first draft's consultation. The FSC has ...

Record low CFA pass rate

ELIZABETH MCARTHUR  |  FRIDAY, 13 AUG 2021
The pass rate for the latest Chartered Financial Analyst exam hit a record low, with some theorising that the pandemic interfered with preparation. After news that level one candidates suffered a dismal pass rate of 25% for the May exam, level two and ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... $2.7 billion, which was less severe compared to the prior period when large corporate super mandate losses and the early release of super scheme took place. AMP chief executive Alexis George said: "We really want to broaden that offering to the external ...

La Trobe unveils two income products

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... p.a. also calculated monthly with the same notice period. La Trobe deputy chief investment officer Troy Stratton said the release of these new investment options come at a time where investor demand for yield has never been stronger. "We are committed ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
A former financial adviser has received a conditional release without conviction for a period of two years after pleading guilty to false document charges. Wael Kourieh, who was an authorised representative of Hillross between 2010 and 2016, pleaded ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
Treasury has selected two MSCI indexes to serve as benchmarks for super funds investing in property under the Your Future, Your Super reforms. The MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index and MSCI Australia Quarterly Private ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
In final YFYS regulations released last week, the government now wants super fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test. The last minute changes to the Your Future ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
The government yesterday registered the final regulations for Your Future, Your Super reforms. The bill passed the Parliament on June 17. The regulations have sharpened the methodology for annual performance tests, which it says will incentivise underperforming ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
Morningstar has released a list of 10 franked income stocks from its Australian and New Zealand coverage which pay very attractive dividends. "The Reserve Bank of Australia's indication that its target cash rate won't increase until at least ...