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Showing 1201 - 1210 of 9452 results for "Made"

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... underpin the functioning of the Australian economy. It is important not to lose sight of them," McEvoy wrote. "It must be made clear to Mercer, and to all businesses, that consumers are to be dealt with in the way for which Parliament has legislated. ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... quickly as possible". AMP said the settlement covers the class action in its entirety, including where no judgement has been made. It is not an admission of liability and is still subject to approval by the Federal Court, it said. Speaking to Financial ...

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... iExtend had been offering to pay life insurance premiums for individuals in exchange for a share of the benefit if a claim was made. To do so, iExtend acquired interests in life insurance policies by entering into a co-ownership agreement with policyholders. ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. According to the SEC, Kraken has made hundreds of millions of dollars unlawfully facilitating the buying and selling of crypto asset securities since at least ...

Inaugural FAAA award winners named

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... enhanced not just her clients' financial outcomes but also their lifestyles. Additionally, she demonstrated how her advice made a positive contribution to the wellbeing of her local community, the FAAA said. Williams also features in the 2023 FS ...

Fidelity International chief exits

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... multiple markets, as well as our firmwide approach to sustainability, setting us firmly on the path for the future." "She made significant progress in building a more diverse and inclusive workplace, leading initiatives such as enhanced parental leave ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... and in-force premium to $470 million. According to Insignia, M3 contributed approximately $6.3 million of net revenue and made a pre-tax loss of $2.3 million in FY23. The cost savings from the divestment are included in the $175 to 190 million of annualised ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... conditions more challenging than last year. Not only is it harder to raise capital, but stringent monetary policy has also made it tougher to access lending and credit facilities, severely hindering their ability to scale and expand operations, or simply ...

Stockland recruits AMP Capital real estate lead

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... the best and look forward to seeing its future success." Meanwhile, Stockland chief executive Tarun Gupta said: "Louise has made a significant contribution to Stockland over the last six years. As the chief executive of our commercial property business ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... upped its offer price. Count is now willing to pay more for every Diverger share at $1.3651 - more than the $1.14 offer it made in September, but less than what COG put on the table. The Scheme Implementation Agreement signed by both parties shows that ...