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Showing 111 - 120 of 2118 results for "Premium"

Agricultural sector in for a mixed 2024: Outlook

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... high-rate environment, cost pressures and low consumer confidence. These factors are weighing on domestic demand for more premium agricultural products," it said. Global consumption will also be impacted by slower economic growth in other major economies ...

Insignia, WT Financial complete Millennium3 transfer

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
Just weeks after the acquisition was announced, Insignia Financial and WT Financial Group have finalised the transfer of Millennium3, adding 75 practices to the latter's network. Handing over $2 million for the licensee, WT Financial has added about ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
APRA has lifted the lid on the key sustainability challenges of group life insurance in superannuation, notably premium volatility and data availability. At the end of 2022, APRA conducted a survey involving RSE licensees, life insurers, and reinsurers ...

Don't abandon 60/40: J.P Morgan

CHLOE WALKER  |  THURSDAY, 30 NOV 2023
... capturing opportunities and managing risks." J.P. Morgan global market strategist Kerry Craig said EMs retain their growth premium relative to developed market (DM) economies, but this gap has been narrowing steadily. After two years of little change ...

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
ASIC has accepted a court enforceable undertaking from iExtend Holdings Company (iExtend) after investigating concerns that it was operating without an AFSL. The undertaking also relates to iExi Pty Ltd, which trades as iExtend. Documents show the investigation ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... Praemium, offering one new share for every 11.96 Praemium shares, plus a cash consideration. The proposal represented a 29% premium over Praemium's October 27 closing price of $1.16 but was ultimately declined by Praemium's board, citing undervaluation ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... M3 network will add circa $5 billion in funds under advice (FUA) and more than $150 million of in-force risk insurance premium, bringing its FUA to $23 billion and in-force premium to $470 million. According to Insignia, M3 contributed approximately ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... announced today that it bought a stake into Centrepoint Alliance for $13.05 million. The new offer price represents a 52% premium on Diverger's last closing price as at September 21. Diverger said it "continues to unanimously consider that the scheme ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... outstanding Diverger shares. Its proposal originally implied a $56 million equity value for Diverger and represented a 32% premium to the current share price of $1.07 per share. However, in a statement to the ASX, COG said it felt that Diverger's ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... with the engagement from PAC. GQG also made a bid, proposing it acquire the business for $11 in cash per share - a 56% premium to PAC's volume-weighted average price. As PAC's largest shareholder, GQG needed approvals from River Capital, which ...