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Showing 11 - 20 of 357 results for "Subsequently"

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... Medium Term Notes (A$MTN), raising $275 million. The funds raised from the issuance will be allocated to repay and subsequently retire a $250 million bank debt tranche, which is scheduled for maturity in May 2024. Australian Unity healthcare property ...

ASIC charges HESTA for misleading marketing

ANDREW MCKEAN  |  FRIDAY, 10 NOV 2023
... purportedly publishing false or misleading performance figures about one of its investment options. The industry fund subsequently incurred a $48,600 fine for its claims regarding its Balanced Growth investment option, which boasted a 10-year performance ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... 2023, Alan Walker and Glenn Livingstone of WLP Restructuring were appointed as external administrators to ACBC and, subsequently, the XTBs were suspended from trading on Cboe," EQT said. "It was resolved at a meeting of creditors of ACBC on 5 October ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... the majority of its approximately 42,000 members are invested - annual fees and costs will be 0.62%, up from 0.52%. Subsequently, the fund's total expense ratio will rise from 1.09% to 1.19%. Legalsuper chief executive Luke Symons told Financial ...

Link revises financial reports after ASIC review

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... Fund Solutions business assets and provisions tied to its settlement with the UK Financial Conduct Authority (FCA). Subsequently, Link will adjust its "accounting treatments" concerning the financial ramifications of the FCA settlement and the impairment ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... not hesitate" to raise the cash rate further if there's a material upward revision to the outlook for inflation. Subsequently, Miller argues that not only is a rate hike fully justified given the RBA's previously high tolerance for a protracted return ...

Provide Capital ordered to produce documents

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
... of the public from 26 September 2020. ASIC previously sought documents under Section 33 (s 33) of the ASIC Act and subsequently issued orders as part of the ongoing investigation. However, Provide Capital failed to produce the documents as required without ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... resulting in the departure of chief financial officer John Harris and London-based chief commercial officer Simon New. Subsequently, and as previously reported, Harry Mitchell has taken on an expanded role as group executive for the UK, while keeping ...

Trading platform pays $830k over suspicious trades

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
... similar reasons. That case involved a client who indirectly held a significant stake in Altona Mining. The client subsequently placed a series of bids for shares in that company in November and December 2013 through Interactive Brokers' automated ...

Financial planning veteran launches ideas exchange

ANDREW MCKEAN  |  MONDAY, 18 SEP 2023
... officer Samantha Noy. The initiative has two forums planned for 2024, the first taking place in Melbourne on May 15 and subsequently in Sydney on November 13. Warakirri Asset Management has committed to being a foundation sponsor for both inaugural gatherings. ...