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Showing 121 - 130 of 260 results for "Change of"

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 ...

Change of pace for Countplus

JAMIE WILLIAMSON  |  WEDNESDAY, 31 MAY 2017
Countplus divested its shareholding in a NSW-based financial planning practice as part of a change in strategy aimed at investing in quality practices, not necessarily acquiring them. In a statement to the ASX yesterday, managing director and chief ...

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... ASIC found Gallop had failed to lodge financial statements, audit reports and breach reports on time as well as notify change of control and provide notification of the appointment of an auditor. "The opportunity to hold an Australian financial services ...

ANZ and ETFS cut ties

ALEX BURKE  |  THURSDAY, 4 MAY 2017
... were absolutely the best intentions to build Australia's first partially bank-owned ETF business, but there's been a change of CEO, and Shayne Elliott has a very different view about the manufacturing of wealth products. ANZ approached us and said they'd ...

Qualitas expands with senior appointment

EMMA RAPAPORT  |  WEDNESDAY, 1 MAR 2017
... of the market; acquiring existing assets with the potential to add value through active management, refurbishment or change of use. Qualitas managing director principal investments Mark Fischer said the value-add space is a natural fit for the firm ...