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Showing 1371 - 1380 of 6177 results for "Statement"

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
... financial accounts from 2017 to 2019. The regulator said AFSLs are required by law to prepare and lodge a profit and loss statement, balance sheet and an auditor's report annually. "Licensees must do this to prove that they have the financial resources ...

COVID-19 deepens life insurer losses

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... the quarter's total revenue by 210%. "The life insurance industry's performance continues to worsen," APRA said in a statement. "This deterioration was caused by poor results in both the December and March quarters, driven by the poor performance of ...

Hong Kong financial hub status at risk

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... under United States laws in the same manner as US laws were applied to Hong Kong before July 1997," Pompeo said in a statement to US Congress. The statement comes after Beijing announced its move to impost Chinese national security laws in Hong Kong ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
... in the unfortunate and unnecessary destruction of value for investors in the IPO Wealth Fund," Mayfair 101 said in a statement. It added that Vasco did not understand the steps that Mayfair 101 had already taken to protect investors and portfolio companies. ...

Super fund to remediate members

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
... On May 14, the fund told members they will receive the remediation as credit to their accounts, listed in the annual statement for the year ending 30 June 2020. "...the remediation relates to an internally identified performance discrepancy within the ...

MetLife Australia partners with Foodbank

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... emotional wellbeing, sense of self-worth, social relationships and ultimately overall standard of living," MetLife said in a statement. "We know that many Australians are struggling during this pandemic and we're supporting Foodbank Australia because ...

Create coalitions for change: Martin Currie

ALLY SELBY  |  MONDAY, 25 MAY 2020
The $20 billion equity specialist has called on asset managers to create "coalitions" to drive change; developing constructive relationships with companies for a more sustainable future. Martin Currie chief executive Julian Ide highlighted the value ...

Blame put on businesses for JobKeeper error

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Treasury and the Australian Taxation Office have issued a joint statement in relation to the reporting error in the estimates of the number of employees likely to access the JobKeeper program. The enrolment forms completed by over 910,000 businesses ...

VFMC appoints head of equities

KANIKA SOOD  |  FRIDAY, 22 MAY 2020
... Michael join our investment leadership team as part of his ongoing career at VFMC," chief executive Lisa Gray said in a statement to Financial Standard. "We have nine people in our talented team across our internal and external portfolios in equities." ...

Fees drop at Raiz

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... and not Raiz, so were an indirect cost affecting the performance of investor's portfolios. A new product disclosure statement became available to investors earlier this week, which outlines underlying issuer fees of 0.239% p.a. for members invested in ...