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| | | Some of the nation's leading economists shared their Factor-X - also known as an X-factor - for the year ahead at this morning's Chief Economists Forum in Sydney, led by the man who coined the term, industry veteran Don Stammer. Appearing at his 18 ... |
| | | | ANZ has had a significant legal win on appeal, with its proposed $4.9 billion acquisition of Suncorp's banking arm given the go-ahead. The decision to authorise the takeover was handed down this morning by the Australian Competition Tribunal (ACT) ... |
| | | | While the appointment of Sophia Rahmani as managing director is an "encouraging step forward," Morningstar's view of the fund manager won't be changing any time soon, it says. The research house indicated that it would require more time to rebuild trust ... |
| | | | Shine Lawyers filed a class action on behalf of Rest members who may have had income protection premiums wrongfully deducted from their superannuation accounts. The class action alleges that from December 2008 to June 2019, Rest automatically enrolled ... |
| | | | VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ... |
| | | | The corporate regulator filed a lawsuit against a Queensland man who allegedly deceived people he knew into handing over $100 million to invest in companies he owned without a financial services licence. ASIC commenced proceedings in the Federal Court ... |
| | | | Count's acquisition of Diverger was approved by the Federal Court yesterday, with the deal now expected to be completed on March 1. Last month, Diverger shareholders overwhelmingly voted in favour of the takeover, with the court approval marking the ... |
| | | | The number of financial advisers authorised to advise on managed discretionary accounts (MDAs) has dropped just 6.1% in the past three years, despite the total number of advisers falling much more. According to analysis by Rainmaker Information, there ... |
| | | | The property giant recorded a net loss of $597.2 million, but also managed to secure $9 million in trading profits after tax for the six months to 31 December 2023. The external independent portfolio valuations for Dexus saw mixed results, with a total ... |
| | | | Despite seeing an influx of independent financial advisers' (IFAs) business, AMP continues to seek alternatives for its advice unit as it reports another loss. In the first half of the 2024 financial year, the wealth firm recorded a 33% year on ... |
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