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Showing 1011 - 1020 of 3208 results for "Power"

S&P launches sustainable versions of flagship indices

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... criteria. The indices will exclude companies with specific fossil fuel reserves, those involved in thermal coal extraction and power generation, oil sands extraction, and energy exploration and production. In addition, the indices exclude companies that ...

ASIC provides relief to Victorian advisers

ALLY SELBY  |  TUESDAY, 22 SEP 2020
The corporate watchdog has shifted to a no-action position on fee disclosure statements and renewal notice obligations for financial advice businesses in Victoria. The no-action applies to AFS licensees and representatives where their business is solely ...

Magellan, Barclays back new firm

KANIKA SOOD  |  MONDAY, 21 SEP 2020
Magellan Financial Group and Barclays have signed on as foundation investors in a new financial services firm which is launching with former Challenger chief Brian Benari as its chief executive. Barrenjoey Capital Partners is slated for a mid-2021 launch ...

Praemium to acquire remaining Powerwrap shares

ALLY SELBY  |  MONDAY, 21 SEP 2020
Praemium is set to add to its 92.31% stake in Powerwrap, as it moves to acquire its outstanding shares on issue. Compulsory acquisition notices will be dispatched to Powerwrap shareholders tomorrow, Praemium says, unless they accept the offer by 7.00pm ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... result for Suga, with an approval rating of 66.4%, comparing favorably to the 62.0% for Abe's Cabinet on his return to power in December 2012". But Suga also faces new challenges. Specifically, the emerging second wave outbreak in Europe. While this ...

Female ASX 200 chiefs fall

ALLY SELBY  |  THURSDAY, 17 SEP 2020
The number of female chief executives in the ASX 200 has fallen over the last two years to just 10, with a not-for-profit organisation urging that "we can, and must, do better". The Chief Executive Women ASX 200 Senior Executive Census is now in its ...

Aware Super joins forces with Dutch pension fund

ALLY SELBY  |  THURSDAY, 17 SEP 2020
Recently rebranded Aware Super has entered into a partnership with the largest pension provider in the Netherlands, APG, to expand a serviced apartment chain across major European capital cities. The asset owners announced the agreement with City ID ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
Following on from the Royal Commission, the Australian Law Reform Commission has been tasked with reviewing financial services laws with a view to simplify laws regulating the industry. As part of its response to the Royal Commission final report, the ...

ASIC reinforces power to obtain documents

ELIZABETH MCARTHUR  |  MONDAY, 14 SEP 2020
ASIC has pointed to two recent court judgements, including one in its battle with RI Advice, as cementing the regulator's ability to obtain documents. In a media release, ASIC grouped together its successful challenging to RI Advice's claims ...

360 Capital succeeds in LIC raid

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
... Elstree at one point saying the liquidity problem had been solved. 360 also increased its shareholding and hence voting power in tandem in AYF over the period, ending as the largest shareholder at present. "[We are] the largest unitholder in the fund ...