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Showing 1001 - 1010 of 1894 results for "Determine"

Molopo board ousted at AGM

ALEX BURKE  |  FRIDAY, 1 JUN 2018
Keybridge Capital and Aurora Funds Management scored a win at the Molopo Energy AGM with a board spill that saw its two nominees elected as non-executive directors. Keybridge's nominee, William Johnson, had previously been noted by Molopo as being ...

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... those new to the workforce or without an existing super account would be placed in a default. An expert panel would determine the 10 best products which would form a shortlist to be presented to all new workforce entrants, providing the ability to choose ...

Westpac off the hook in BBSW scandal

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
The Federal Court ruled Westpac's conduct in handling bank bill swap rates was "unconscionable" on four of the 16 occasions that ASIC alleged the bank manipulated the BBSW. While ASIC failed to prove Westpac traders had manipulated the BBSW, the bank ...

Molopo restrained ahead of AGM

ALEX BURKE  |  THURSDAY, 24 MAY 2018
The Takeovers Panel has ruled that, as per an application for an interim order by Aurora Funds Management, Molopo Energy will be unable to make any payment or incurring any liability of more than $175,000. Both Aurora and Keybridge Capital are substantial ...

PIMCO and Allianz begin hiring spree for new business

ALEX BURKE  |  THURSDAY, 17 MAY 2018
PIMCO and Allianz are launching a new Australian retirement income business and recruiting 50 roles in distribution, technology, actuarial, legal, operations, compliance, marketing and customer experience. The new business, Allianz Retire+ Powered by ...

Mercer wins super admin mandate

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
The global asset consultant has won a mandate with an industry super fund managing more than $14 billion. Mercer has been appointed by CareSuper as the fund's administration partner, taking responsibility of customer and fund support services from next ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
Challenger said the new requirement for superannuation trustees to include comprehensive income products for retirement (CIPRs) will boost outcomes for retirees in blended annuity portfolios. As per the changes in the Budget, the new means test rules ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
Both ASIC and APRA will receive additional payments from the Government in light of the financial services Royal Commission. ASIC will receive $10.6 million over two years from 2017-18 and APRA will receive $2.7 million in 2018-19. The Government said ...

The tools to capture quality

HARRISON WORLEY  |  TUESDAY, 8 MAY 2018
... Financial Standard about how he determines what qualifies as quality. Kelly begins by explaining the five factors DNR use to determine quality, adding that an additional sixth factor is reserved for its income portfolio. Industry structure and pricing ...

CBA finds no evidence of customer data breach

ALEX BURKE  |  THURSDAY, 3 MAY 2018
Following an investigation by KPMG, the Commonwealth Bank said no evidence was found that customer information was compromised when two magnetic tapes went missing in 2016. The tapes in question contained customer names, addresses, account numbers and ...