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Showing 1031 - 1040 of 10543 results for "Close"

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... scheme of arrangement. Under the offer, Platinum shareholders would receive 0.27 Regal shares per Platinum share. At the close yesterday, the Platinum share price was $1 and jumped to $1.14 at the open today following the announcement. Morningstar equity ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
The US Federal Reserve is widely tipped to fire the starting gun on its first rate cutting cycle in years; here's what top economists see unfolding. AMP deputy chief economist Diana Mousina said some people believe the Fed is behind the curve and that ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
Treasury has released the Scams Prevention Framework for consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... yesterday. It's said the reforms will deliver about $930 million into the sector over the next four years, while saving close to $13 billion over the next 11 years. The government said there is a "no worse off" guarantee for those already in aged ...

Robeco appoints APAC sales lead

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... since October 2022, but spent a total of 17 years with Fidelity in a raft of roles and locations. Before that, he spent close to seven years at UBS Global Asset Management, and six years at Flemings Save and Prosper. At Fidelity, Hanson was replaced ...

Managers struggle to secure positive net flows in FY24

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... over the 12 months to June 30. BlackRock emerged as the biggest winner, pulling in the highest net flows of $7.7 billion. Close behind, BetaShares attracted $5.9 billion in net flows, followed by Metrics Credit Partners ($3.6 billion). On the losing ...

Vote for Financial Standard in Australian Financial Industry Awards

STAFF WRITER  |  WEDNESDAY, 11 SEP 2024
Financial Standard is a finalist in the Australian Financial Industry Awards 2024, and we'd love to have your support. Fresh from winning Financial Services Publication of the Year at the recent Impact Awards, Financial Standard has been nominated ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
Insurers will no longer be able to use genetic test results in life insurance underwriting, with a total ban to be introduced by the government. Earlier this year, the government consulted on the use of genetic test results in underwriting life insurance ...

Australians rank seventh globally for retirement confidence

MATTHEW WAI  |  WEDNESDAY, 11 SEP 2024
... work for longer than anticipated; 35% say they're worried retirement isn't an option. The current economic climate also has close to one in five (19%) Aussies believing that $1 million of savings is not sufficient to afford retirement. Further, 62% of ...

AFCA consults on superannuation life insurance disputes

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... These updates are purely for clarity and do not alter the substance of AFCA's established approach. The consultation periods close September 30.