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Showing 111 - 120 of 254 results for "Change of"

Pension fund and bank terminate asset manager

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
... (SFr109 billion). Conditions within the contracts allowed for termination in the event that Aberdeen was subject to a change of control with a material competitor. In August 2017, Aberdeen finalised the merger with Standard Life; a material competitor ...

Grant Samuel wins RE mandate

JAMIE WILLIAMSON  |  MONDAY, 4 DEC 2017
... core strength of the investment management activities of the fund," he said. McIntyre added that as a result of the change of RE, GSFM will offer unitholders a reduction in management and performance fees, and be amending the performance fee hurdle rate. ...

Forgery sees former NAB adviser sentenced

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
... between 27 December 2012 and 1 March 2013 while working as an authorised representative of NAB, Thompson falsified 22 'change of adviser' forms and submitted them to MLC in order to transfer NAB clients to his personal client list. It is believed he ...

TAL maintains life insurance market lead

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... except for CommInsure, which saw risk premiums decline by 11.4% year-on-year to $1.6 billion; Suncorp reported minimal change of -0.4%. Zurich recorded the highest annual growth rate, jumping 58.5% to $664.8 million in risk premiums as a result of acquiring ...

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
... requirement for APRA approval where ownership changes after authorisation. This makes it difficult for APRA to prevent a change of ownership that may adversely impact the interests of fund members, such as occurred with Trio." Rowell welcomed the proposal ...

CBA climate risk court case abandoned

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
... been evident for decades," Abrahams said. The shareholder's lawyer, David Barnden, acknowledged the importance of CBA's change of heart, describing the bank as a long-time laggard on informing shareholders of risks. "Under the Corporations Act directors ...

Aussie banks cleared of Wells Fargo-type conduct

EMMA RAPAPORT  |  WEDNESDAY, 2 AUG 2017
... consent. The audits also identified potential weaknesses in account opening and activation controls, record keeping, and change of address processes in relation to CCI. Following the audit findings, ASIC has announced it will be working with the banking ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... bank's more dovish tone reversed the Australian dollar's direction, sending it back up above US$0.80 overnight. The Fed's change of tone sent the US dollar index to its lowest level in 14 months that, in turn, is boosting commodity prices - the Thomson ...

Second private equity firm bids $2.2bn

ALEX BURKE  |  WEDNESDAY, 12 JUL 2017
... considers that the interests of shareholders will be best served by a formal process to thoroughly evaluate whether a change of control offer, at a price and on terms that the board would recommend, can be secured," Vocus's board said. "In order to ensure ...

Location, location, location: the key to retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2017
... depending on where you live and, perhaps unsurprisingly, those living in major capital cities could benefit most from a change of scenery. The Milliman Retirement Expectations and Spending Profiles report demonstrates that Canberra residents have the ...