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Showing 1101 - 1110 of 2739 results for "Shareholders"

Major shareholders defy proxy advisers: Research

JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
Superannuation funds and investment managers are increasingly voting contrary to the recommendations of proxy advisers, according to new research. The annual Link AGM Snapshot report showed a drop in the influence of proxy advisers, with super funds ...

NAB chief executive and chair exit

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... a new adventure." On his departure, Henry said the timing will "minimise disruption for customers, employees and shareholders." "I am enormously proud of what the bank has achieved and equally disappointed about what the Royal Commission has brought ...

Freedom Insurance suspends trading

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... Commission, Freedom announced it will overhaul its business model and stop selling life insurance products. It warned shareholders it will likely face a liquidity crisis in 2019. The board of the embattled insurer decided to search for alternative business ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... be rare. Should such a situation occur, it would be for the trustee to take the necessary steps to ensure that its shareholders did not cause it, the trustee, to be in breach of its obligations." Hayne said the determining question in mergers must be ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... conflicts of interest arise in both profit-for-member funds and retail funds. "In the case of profit-for-member funds, shareholders or nominating organisations of the trustee may have, and may seek to pursue, interests that differ from the interests ...

Royal Commission to suppress bank stocks

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... big four banks above other major blue-chip stocks like BHP, Telstra and IAG. For example, more than half (53%) of shareholders in CBA were mum and dad investors as at March 2018. Hyperion Asset Management chief investment officer Mark Arnold says the ...

AustralianSuper hikes admin fees

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
... the additional fees will be "directed towards providing better products and services for you, not paying profits to shareholders." This includes upgrading digital technology and improving cybersecurity; and developing new products and services, online ...

Roll-it Super expands offering

KARREN VERGARA  |  TUESDAY, 29 JAN 2019
... inject much-needed innovation to ultimately deliver a better product and/or solution for customers and outcomes for shareholders.

AMP profits nose dive, dividends hit

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
AMP is expecting to report about $30 million in profit attributable to shareholders for FY18, dragging down its final dividend for the year to four cents per share. Providing earnings guidance ahead of its annual results slated for February 14, the ...

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... the uncertainty surrounding the future of franking credit refunds, two listed investment companies are rewarding shareholders with special dividends. The Australian Foundation Investment Company (AFIC) and Mirrabooka announced they will pay special dividends ...