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Showing 1141 - 1150 of 5911 results for "March 31"

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
The iron ore price has fallen by more than 4% over the past two weeks which, according to reports is due to concerns over further reduction cuts in Tangshan - China's top steel-producing city - under its anti-pollution plan. But akin to previous ...

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
AMP has confirmed its chief executive Francesco De Ferrari has not tendered a resignation, amid speculation. The Australian Financial Review on March 25 reported De Ferrari was set to resign on the day, after just over two years at AMP. The report added ...

Advice association chief steps down

JAMIE WILLIAMSON  |  THURSDAY, 25 MAR 2021
The chief executive of the Association of Financial Advisers has stepped down after four years in the role. Phil Kewin has led the AFA since 2017, having succeeded Brad Fox as chief executive in March of that year. He said the time is right to hand ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
ASIC has released three legislative instruments to regulate advice fee consents and lack of independence disclosures, as part of the government's response to the Royal Commission. The first of the three sets the requirements that written consent from ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... product (GDP)." Here are the survey's key findings: The flash US composite output index eased to a reading of 59.1 in March (from the final reading of 59.5 in February) but remains the second fastest expansion in private sector activity in six years. ...

ASIC okay with virtual AGMs

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
The corporate regulator will take a "no action" position on companies holding their annual general meetings via videoconferencing as the COVID protections lapse. ASIC's no action position will: support the holding of meetings using appropriate technology ...

Computershare to buy Wells Fargo corporate trust business

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
ASX-listed Computershare will spend about $986 million to acquire the assets of Wells Fargo Corporate Trust Services, which has over 26,000 mandates. The US$750 million purchase is expected to be at least 15% management EPS accretive on a pro forma ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
The monetary and fiscal masters of the US of A fronted the Senate Banking Committee - as required under the March 2020 COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
"At its meeting ending on 17 March 2021, the Committee judged that the existing stance of monetary policy remains appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain ...

Not-so-Zuper: Super disruptor folds

JAMIE WILLIAMSON  |  MONDAY, 22 MAR 2021
Having failed to reach sufficient scale, the millennial superannuation fund will close its doors next month. Closed to new members as of March 10, existing Zuper members have now received word that the offering will cease to exist from April 30 - just ...