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Showing 81 - 90 of 5257 results for %22July 10%22

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... Analysis and Economic Research departments. Sarah Hunter assumes the position, taking over from Luci Ellis who resigned in July to become Westpac's chief economist, with her tenure beginning on 29 January 2024. Hunter currently oversees the analysis ...

Bravura Solutions executes restructure

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... executive and managing director Andrew Russell, who joined the technology company in April and was promoted to the top job in July. They will be responsible for managing finances and operations, driving growth, and improving client outcomes. Under Spencer ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... billion in unpaid super between 2020 and 2021. In response, the government will require super be paid on payday, effective 1 July 2026. Industry Super Australia (ISA) has predicted that the amendment will benefit millions of Australians' retirement ...

New Zealand sovereign wealth fund appoints acting chief

ANDREW MCKEAN  |  MONDAY, 4 DEC 2023
... NZ Super Fund; he announced his resignation earlier this year and will exit on December 8. Steed joined the Guardians in July 2021, after serving as chief internal auditor at ASB Bank. She has 25 years' experience in financial services and banking, holding ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... penalty imposed on Mercer Financial Advice for inappropriately charging fees to customers. Mercer admitted that, between July 2016 and June 2019, it failed to invite more than 800 clients to annual review meetings when they were entitled to attend; failed ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... obligations and charged almost $5 million in fees to clients when it was not entitled to do so. Mercer admitted that, between July 2016 and June 2019, it failed to invite more than 800 clients to annual review meetings when they were entitled to attend ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... this morning it has reached a settlement with AMP Financial Planning advisers in the BOLR class action that dates back to July 2020. After provisioning $50 million for the fallout in its 1H23 results in July, it will instead pay $100 million following ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
... will come through before the end of the year. "I am hopeful you will have not only the broad direction that I announced in July, but much more policy detail before Santa Claus arrives," Jones said. He went on to say that to further improve the sustainability ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... in FY23. The cost savings from the divestment are included in the $175 to 190 million of annualised benefits announced in July 2023. The group first confirmed it was on the hunt for a buyer for the licensee back in July when it said it was in discussions ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... positive returns in the coming year, according to Schroders' Global Investor Study 2023. Conducted between May 26 and July 31, the study surveyed over 23,950 investors worldwide, including 1000 Australians. Despite the challenging investment landscape ...