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Showing 1251 - 1260 of 6177 results for "Statement"

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... basis, and 9.03% on a 10-year basis. Meantime, its benchmark returned 10.03%, 8.82% and 11.41%, respectively. In an ASX statement, the board acknowledged shareholder concerns surrounding the company's performance, noting it had been "another challenging ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... regarding climate policy. On the other hand, Market Forces is closely watching the effect of Westpac's May position statement. However, similar resolutions were lodged last year with ANZ, NAB and Westpac, garnering votes in favour of 14.9%, 12.9% and ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... solutions as an investment vehicle to institutional investors in Australia and New Zealand," a spokesperson said in a statement. "Vanguard will continue to offer pooled fund solutions to institutional clients and will work closely with our existing institutional ...

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
Alex Waislitz is running a fine-toothed comb over the independent valuation OneVue board cited in endorsing Iress's 43 cents per share bid to acquire the company. His Thorney companies have 18.35% interest in OVH, have already voted against accepting ...

AMP Capital Ethical Leaders loses another mandate

ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
... manager for the Ethically Minded option in the near term. Once we have done this, we will update our product disclosure statement." Legalsuper and QSuper have also recently axed AMP Capital from being the sole manager of each fund's socially responsible ...

ASIC extends advice, capital raising provisions

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... capped advice fees regarding ERS at $300, allowing advisers to provide a record of advice rather than a comprehensive statement of advice in this circumstance until 15 April 2021 rather than October 15. In addition, ASIC has extended its 'no-action' ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... part of the agreement with AUSTRAC, Westpac has admitted to additional contraventions that were outlined in an amended statement of claim. These new contraventions relate to information that came to light after the civil penalty action was launched last ...

ASIC provides relief to Victorian advisers

ALLY SELBY  |  TUESDAY, 22 SEP 2020
... 62G, 962K and 962S of the Corporations Act. For breaches of 962S for pre-FOFA clients, only those with a fee disclosure statement (FDS) due between August 2 and October 26 will apply for the no-action, or for an instance where the FDS has not been given ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... experiencing difficulties. If they have been unable to pay on time it's important they lodge a super guarantee charge statement with the ATO as soon as possible." The spokesperson added that introducing Single Touch Payroll (STP), together with super ...

IPO Wealth ordered to wind up

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
The Supreme Court of Victoria has made a winding up order for Mayfair 101's IPO Wealth fund. In response to the decision, Mayfair said it was disappointed with the outcome and believes it will result in negative ramifications for unitholders. The embattled ...