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Showing 981 - 990 of 3114 results for "November 20"

Legalsuper appoints executive, increases premiums

JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
The $4 billion industry super fund has welcomed a new executive manager of member experience formerly of Cbus. It comes as the fund prepares to also increase insurance premiums for its almost 40,000-strong membership. Carrie Norman has joined legalsuper ...

NAB fined over fees for no service

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The Federal Court of Australia has fined National Australia Bank $57.5 million over deceptive and misleading conduct. The proceedings commenced in 2018 and were initially brought by ASIC against NAB units NULIS and MLC Nominees for the charging of plan ...

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
The corporate regulator is delaying RG97 fee and disclosure requirements for two years as a result of COVID-19. ASIC said it is pushing back the timeframe when superannuation funds and managed investment product issuers are required to update their ...

FASEA adds exam sittings, approved subjects

ELIZA BAVIN  |  THURSDAY, 10 SEP 2020
FASEA has confirmed it will run six financial adviser exam sittings in 2021 at 31 locations across Australia, subject to COVID-19 restrictions. FASEA will hold exams from January 28 to February 2, March 25-30, May 20-25, July 15-20, September 9-14 and ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
A $52 billion super fund has updated its product disclosure statements to exclude investment in any company that provides services to detention centres. HESTA said the change is part of its responsible investment approach and will come into effect 1 ...

WAM names new board member

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Geoff Wilson's WAM Capital has appointed a former Commonwealth Bank chief technology officer to its board, set to help strengthen the investment group's technological capabilities. Matthew Pancino has nabbed the role, however, the appointment remains ...

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
There's an unlikely user of the government's current amnesty for employers who underpaid SG - a Sydney superannuation fund, which is currently reimbursing shortfalls to staff. Australian Catholic Superannuation and Retirement Fund underpaid ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
Listed investment company Hearts and Minds Investments (ASX: HM1) will donate $5.1 million to 10 charities this week, in addition to the $4.1 million it already donated in March. HM1 and its participating fund managers forego any investment or management ...

Presidents don't move markets much: S&P

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
With the US election fast approaching, S&P took a look at how elections typically influence the S&P 500. And, it turns out presidents might not be as influential as Donald Trump would like to think. Looking at data from 1928 to 2016, the S&P 500 rose ...

How to make sense of reporting season

ALLY SELBY  |  TUESDAY, 18 AUG 2020
As we reach a third of the way through Australia's reporting season, an advice and stockbroking group has identified three key trends that have so far emerged from the results. Wilsons Advisory noted that many of the companies that have reported thus ...