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Showing 1011 - 1020 of 4830 results for "Distribution"

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... disclosure statement, APIL disclosed that money invested in the fund is not guaranteed. It said the monthly income distribution is based on assumptions and results may be different to what's forecasted. Given these features and risks, ASIC considers ...

Court dismisses CBA, CFS conflicted remuneration case

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2022
... The Federal Court dismissed ASIC's case against Commonwealth Bank and Colonial First State in relation to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019. Under ...

Advisers given access to wellbeing service

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2022
... spoken to many who want to leave the industry because things are simply too hard," MLC Life general manager of retail distribution partnerships Michael Downey said. The service was also made available to all MLC Life customers just last month. "While ...

Franking credit crackdown rife with unintended consequences: LICAT

ANDREW MCKEAN  |  WEDNESDAY, 28 SEP 2022
The Listed Investment Companies & Trusts Association (LICAT) has pulled no punches in its reprimand of the proposed legislative changes to franked distributions funded by capital raisings. In a submission to Treasury, LICAT explained that while there ...

Allianz Retire+ bolsters executive team

CHLOE WALKER  |  MONDAY, 26 SEP 2022
Andrew Stewart and Malcom Weir join the Allianz Retire+ team as its new head of distribution wealth and head of life protection. The three hires play a pivotal role in the firm's refreshed strategy, according to Australian chief executive Adrian ...

Link acquisition deal terminated

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
... previously advised, Link announced that it intends to evaluate alternatives for the business, including an in-specie distribution of 80% of Link Group's shareholding in PEXA, to maximise value for shareholders. The administrator also reaffirmed its FY23 ...

Female Excellence in Advice Award winner named

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... female advisers can make in changing the lives of so many for the better. Also commenting, TAL general manager, retail distribution Niall McConville said: "Amie Baker's dedication and passion for educating the community and guiding her clients has ...

Adviser of the Year named

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... advisers with an absolute commitment to their profession and their communities." Zurich Life & Investments chief distribution officer Kieran Forde described Cooper as a terrific role model, advice advocate and inspiration. "She is an outstanding adviser ...

Link rejects latest Dye & Durham proposal

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... proceed, as previously advised, Link Group intends to evaluate alternatives for the business, including an in specie distribution of a minimum of 80% of Link Group's shareholding in PEXA, in order to maximise value for shareholders," Link said.

American Century appoints local distribution heads

CHLOE WALKER  |  MONDAY, 19 SEP 2022
... asset manager has made several senior hires in the local market, including leads for institutional and wholesale distribution. Alastair McKibbin will take on the newly created role of head of Australian wholesale business. Having worked for American ...