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Showing 1 - 10 of 862 results for %22early December%22

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... cuts]." As such, Bloxham's central case is that the RBA will remain on hold through 2024, before beginning to cut in early 2025. AMP chief economist Shane Oliver said in leaving rates on hold the RBA noted the continued moderation in inflation, the ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... firms on systemic issues once we have identified and reported them, AFCA helps financial firms to address systemic issues early, minimise complaints flowing through to external dispute resolution and improve industry practice."

ASX settles $1.05m fine for transparency failures

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... system; a problem that remained unnoticed until highlighted by an unnamed market participant. Despite opportunities for early detection, ASX overlooked the configuration error on two separate occasions prior to December 2022. In determining the penalty ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... Shrimski said. Vanguard Super's membership typically skews younger currently, with the average member being in their early 40s. Shrimski said he expects this to change once all advisers have access and the offering is hard launched. "I think it'll ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... group's revenue grew 4% year on year to $23.7 million, while net profit after tax was steady at $30.2 million. As flagged in early January, performance fees earned by affiliates contributed $12.3 million to NPAT. Pinnacle also announced that it wrote ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... today's figures as good news, which will mean they do not have to hike further. At the same time, we think it is too early to be talking about rate cuts," he said. Elsewhere abroad, as anticipated, the US Federal Reserve also held its policy rate ...

Industry funds gear up for brand transformation post-merger

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... in a particular industry or workplace sector." Meanwhile, Mine Super and TWUSUPER announced plans to provide more details early next year on their merger progress. In September, the funds cemented their commitment by signing a successor fund transfer ...

Vanguard sells outsourced CIO arm to Mercer

JAMIE WILLIAMSON  |  WEDNESDAY, 6 DEC 2023
... well positioned to help our OCIO clients navigate the evolving OCIO landscape." The deal, which is expected to finalise early next year, will see Mercer add about 120 full-time employees.

E&P chief exits early

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... ASX-listed wealth firm announced that its board "determined to bring forward the succession by one month to today's date [December 1], marking the conclusion of a smooth leadership transition." Ben Keeble takes over the post of chief executive and managing ...

Former adviser convicted over false documents

CHLOE WALKER  |  THURSDAY, 30 NOV 2023
... relevance of general deterrence for offences of this nature. "Mitigating factors, including Fong Financial Planners' early guilty pleas, other financial consequences to the company as a result of the conduct, and the low risk of reoffending given ...
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