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Showing 1221 - 1230 of 4979 results for "Limit"

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... exceed three months of wages and allowances. Peruvians were permitted to withdraw up to 25% of their savings accounts, with a limit of 12,900 soles ($5082).

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... Ireland and importantly, capital city London facing tighter curbs, which includes a ban on households socialising indoors, limit mixing outdoors and discourage use of public transport. Meanwhile, Spain's Catalonia shut bars and restaurants. Italy ...

ASIC reviewing risk advice, pushes for scaled advice

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
The Australian Securities and Investments Commission is conducting a review of life insurance advice and plans to consult with the industry on scaled advice this year. Speaking at the Association of Financial Advisers Conference, ASIC senior executive ...

Aussies continue to drain super

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
... out $2.9 billion and $2.1 billion respectively. Funds have done a good job keeping up with APRA's five business day limit to release the funds taking 3.3 business days on average. Additionally, 95% of all payments have been made within five business ...

Aware Super moves to acquire OptiComm

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
Aware Super has provided a proposal to the board of OptiComm to acquire 100% of the telecom company, which delivers fibre to the premises networks. Under Aware Super's proposal, OptiComm shareholders would receive cash proceeds of $6.50 per share (inclusive ...

Morgan Stanley to acquire Eaton Vance

JAMIE WILLIAMSON  |  FRIDAY, 9 OCT 2020
Morgan Stanley has entered an agreement to acquire Eaton Vance for close to $10 billion. The two parties have entered a definitive agreement which will see Morgan Stanley advance its plans to have three world-class business units in institutional securities ...

Crypto exchange owners charged

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
The founders of derivatives cryptocurrency exchange BitMEX are facing criminal charges for allegedly violating anti-money laundering laws and basic compliance procedures. The Commodity Futures Trading Commission (CFTC) has charged co-founders Arthur ...

Financial services firm names new directors

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
A diversified financial services firm with $1.55 billion in funds under management has appointed two new directors to its board following the its recent merger. Euroz Limited has appointed Ian Parker and Richard Simpson to its board, both who bring ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... the crisis in aged care. No plan to kick-start the economy, boost productivity, increase participation, or lift the speed limit on growth." Chalmers said while the average Australian workers will receive a $50 per fortnight tax cut, millions on the JobKeeper ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
The government announced it would increase funding in housing and community amenities by 32.2% in 2020-21, but will then reduce that spending by 35.5% by 2023-24. It said the decrease will be primarily driven by the ending of the COVID-era HomeBuilder ...