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Showing 1011 - 1020 of 3208 results for "Scheme"

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... vehicle collectively held about 12.81% of OVH's quoted securities as at August 19. For an ASX-listed company, blocking a scheme of arrangement and special resolution requires a 25% vote.

Pension funds sue Allianz Global Investors

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
Several pension funds are suing hedge funds managed by Allianz Global Investors for allegedly engaging in risk-taking behaviour and losing billions of dollars in retirement savings. The Arkansas Teacher Retirement System (ATRS) was the first pension ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
... liquidator said. The report also contained findings that parts of Mayfair 101's business essentially operated as a Ponzi scheme. "It is my opinion that distributions and redemptions paid to M Core noteholders were funded out of funds raised from other ...

No evidence lower SG will result in higher wages: ACTU summit

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
... policy. JobKeeper did not extend to a lot of casual workers and women who otherwise wouldn't have needed to access the ERS scheme," Hewson said. "You cannot keep turning a blind eye to this kind of incompetence and insensitivity."

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... first year, and redemption fees will be rebated for the first year (lower of 2% of the NAV or 2 cents). However, if the scheme is implemented, ALF will have to pay $2.5 million as termination fees to Watermark to end the investment management agreement ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... to OneVue's closing price on 28 May 2020 [24 cents a share], the last trading day prior to the announcement of the scheme," OVH managing director Connie Mckeage said in ASX filings today. OVH also said if the scheme is unsuccessful, there is a risk ...

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... also an executive director and trader on the desk. "The defendants and others allegedly engaged in a massive, multi-year scheme to manipulate the market for precious metals futures contracts and defraud market participants," Assistant Attorney General ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... incomes, to use their super to purchase their first home. Mulino said that such a proposal "takes away the integrity of the scheme" and, together with the early release of super scheme, denies the benefits of compound interest, particularly for young ...

Microcap manipulators caught out

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
A ring of microcap share manipulators have had their assets frozen by the Securities and Exchange Commission after procuring US$9 million in illegal profits by defrauding retail investors. The SEC alleged in a complaint that between 2013 and 2017 Ongkaruck ...

Many who accessed ERS unsure of impact: Research

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme. The study, conducted by the ARC Centre of Excellence in Population Aging Research (CEPAR) and Cbus, revealed that many people ...