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Showing 1021 - 1030 of 4602 results for "RAISE"

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
AMP and former employee Larissa Baker Cook have settled for an undisclosed amount, a month before the matter was scheduled for trial. Cook last October filed a claim in the Federal Court alleging AMP dismissed her unfairly after she raised concerns ...

Adviser charged with stealing super

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
A West Australian financial adviser who has worked across some of Australia's largest licensees could face 15 years in jail after being charged with four counts of dishonest conduct in relation to hardship superannuation requests. Rahul Goel is ...

Integrity Life raises $43m

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
Institutional fund managers have pumped $43 million into life insurance startup Integrity Life to help it expand and build out its digital offering. The majority of the capital came from Schroders Investment Management based in Switzerland, Leadenhall ...

BOQ expects to back pay $11m in SG

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
The Bank of Queensland has failed to pay several workers their superannuation benefits, in a failure that could potentially blow out to $11 million in back payments. The bank has already accounted for $2.4 million of superannuation owed to employees ...

Super-backed company develops COVID treatment

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... used in the study. Ena Respiratory raised $11.7 million from a coalition of institutional Australian investors in a capital raise led by Brandon Capital, a venture capital firm that manages the Medical Research Commercialisation Fund; Australia and New ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
Mayfair 101 founder James Mawhinney has accused ASIC of a witch hunt, saying a provisional liquidators' report proves M101 Nominees had no "smoking gun" - but the report actually refers to the company's business model as unsustainable. A provisional ...

ASIC extends advice, capital raising provisions

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... demand for financial advice," the regulator said. Furthermore, the capital raising relief that assists listed companies raise capital quickly without compromising investor protection has been extended to 1 January 2020 from October 2. The temporary relief ...

Liberman firm backs non-bank lender

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... Josh Liberman Investment Group first invested in small-medium enterprise lender Lumi in November 2018 with a $31.5 million raise as a cornerstone investor. Lumi is now raising $20 million in equity and Josh Liberman Investment Group will participate ...

Portfolio insurance provides strong protection: Research

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
Australians need to consider more sustainable income flows as a future investment objective or risk not having adequate retirement savings, according to research from the Centre for Excellence in Population Ageing Research (CEPAR). CEPAR senior research ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
... $20.1 million to buy a 37% strategic stake in investment research and ratings house Lonsec Holdings Pty Ltd. Generation will raise up to $35 million via an institutional placement and accelerated non-renounceable entitlement offer. Of this $35 million ...