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Showing 1371 - 1380 of 7677 results for "Deal"

Treasurer announces FIRB, RBA appointments

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... appointment of Ms Kay continues the high level of skills and experience on the Foreign Investment Review Board that is required to deal with the increasingly complex foreign investment proposals it examines," Treasurer Josh Frydenberg said. Meanwhile ...

More mergers, minimal awareness: KPMG

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
While there was more merger activity in the 12 months to October than any previous year, about 80% of members in merged superannuation funds weren't even aware their fund had merged. According to KPMG's Superannuation Transformation & Consolidation ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... breaches of the Superannuation Industry (Supervision) Act 1993 (SIS Act). According to documents, the CEU does not intend to deal with issues that are currently the matter of Federal Court Action, such as the continued charging of insurance premiums ...

Unlisted unit trust conversions boost ETP sector

KARREN VERGARA  |  MONDAY, 15 NOV 2021
... redeemed once a day based on net asset value. The buyer or seller does not know the price of the transaction until after the deal is done. ETPs on the other hand, can be traded at different prices throughout the trading day. Magellan was the first fund ...

Bond scam defrauds SMSFs $2.8m

KARREN VERGARA  |  MONDAY, 15 NOV 2021
A fake bond scam run has allegedly defrauded self-managed super fund members of $2.8 million. Richard Emil Ayoub, an American national, allegedly funnelled the money into Bitcoin between March and August 2021 after promoting it to investors as a fixed ...

Link to provide due diligence information

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
... Link has fallen 20% since the start of the year and it is still well off its all-time high near $9. Whilst it's a good deal for shareholders in the short term, the question arises whether it is in their best interest in the medium to long term," ...

European syndicate bids for Link subsidiary

KARREN VERGARA  |  FRIDAY, 12 NOV 2021
... assets under management thresholds were met, in a bid to bolster its banking and credit management division. It scrapped the deal earlier this year, saying that it turned its focus to divesting Property Exchange Australia (PEXA). PES provides asset management ...

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... "The freeze in the per adviser levy will provide financial advisers with the certainty they need over the next two years to deal with the impacts of COVID-19 and further regulatory reforms making their way through the Parliament, including the introduction ...

Licensee chair steps down

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
The founder and chair of a licensee will step down from executive duties at the end of the year. Fortnum Private Wealth announced that Ray Miles will retire but will continue serving as non-executive chair. He will provide counsel to the board and leadership ...

Hong Kong REIT buys Queen Victoria Building

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... investment manager in Australia is EG Funds and the sale was negotiated by CBRE on behalf of Singapore sovereign investor GIC. The deal, struck on a core capitalisation rate of 5.00%, represents Australia's largest CBD shopping centre transaction since ...