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Showing 1001 - 1010 of 3709 results for "Order"

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... just give up or apply for Centrelink. This renewed push is a totally inappropriate interference with treating doctors in order to pressure workers back to work or to otherwise minimise costs." At the recent Financial Services Council Life Insurers Summit ...

Class announces $4.2m acquisition

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
Class announced that it has executed an agreement to buy 100% of Assuriti (Smartcorp) for $4.2 million as it reported a 15% increase in FY19 operating revenue. The acquisition compromises an upfront cash payment of $2.73 million upon completion, plus ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... HESTA has informed members that investment options across both super and income streams will be changed from October 1 in order for the fund to better concentrate its investment expertise on a more focused set of choices. In a statement to Financial ...

Chief economist update: Forecasting is futile

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2020
Be afraid... The National Australia Bank's (NAB) business confidence index dropped to a reading of -14 in July from zero in the previous month. "Confidence fell in all industries led by mining which saw a sharp decline. With the exception of retail ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... campaign. So much so, that, according to Factset: "President Trump signed a combination of memorandums and an executive order on Saturday, following through on a threat to act unilaterally if the White House and congressional Democrats failed to secure ...

Pershing convicted for client breaches

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
Pershing Securities Australia has become the first company in Australia to be criminally prosecuted over breaching client money obligations. The BNY Mellon subsidiary pleaded guilty in Sydney's Downing Centre Local Court and was ordered to pay a $40,000 ...

UK competition watchdog blocks merger

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
The Competition and Markets Authority (CMA) has blocked the merger of retail investment platforms FNZ and GBST due to fears of it leading to higher costs for investors. FNZ purchased GBST in November 2019 for £150 million. The merged businesses would ...

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use. Graeme Walter Miller of Myocum, New South Wales was sentenced on July 31 after pleading guilty to ...

Canadian pension fund pursues global growth

JAMIE WILLIAMSON  |  MONDAY, 3 AUG 2020
... region. Caisse de depot et placement du Quebec (CDPQ) is shifting to an integrated structure for international activities in order to have a global view when managing its presence in different regions. "After building multidisciplinary teams in Asia ...

Housing values continue to slide

ANNABELLE DICKSON  |  MONDAY, 3 AUG 2020
Australian housing values continued to decline for the third consecutive month in July and are set to drop even further when government support winds down, according to the latest research from CoreLogic. CoreLogic's home value index dropped 0.6% last ...