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Showing 1401 - 1410 of 6679 results for "Sale"

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
A new poll has revealed widespread disappointment in AMP's treatment of its aligned financial advisers in renegotiating Buyer of Last Resort (BOLR) agreements. Financial Standard polled roughly 250 people in the financial services industry, asking them ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... dividend," Mota said. Its net proceeds from divestments of non-core subsidiaries were $105 million in total considerations for the sale of subsidiaries during FY20. The sale of its stake in Australian Ethical, totaling 14.2 million shares, added $74.2 ...

Earnings season worst on record: CommSec

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
The companies within the ASX 200 index have endured the worst earnings season in over a decade with statutory profits down and increased expenses, according to CommSec. The online broker's latest biannual earnings season report revealed that of the ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... conduct or remediation liability for the MLC business. NAB chief executive Ross McEwan said the bank had a clear plan and the sale of MLC enables it to prioritise investment and focus on executive its refreshed strategy. "NAB has taken a disciplined ...

ESG investors overreact to negative news

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
New research from the Monash Centre for Financial Studies reveals ethical investors who overreact to negative environmental, social and governance (ESG) news spur falls in share prices and are better to wait before making trade decisions. The study ...

Shareholders approve Aon, WTW merger

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
... the US regulator, thereby breaching their fiduciary duties. A US law firm also commenced an investigation into the proposed sale price and whether it was in the best interests of shareholders. The price was and remains 1.08 Aon shares for each WTW share ...

Heine family sells Netwealth shares

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... yesterday to sell down about $76 million worth of shares in the company -- a tiny sliver of their expansive holding. The sale of 5.5 million shares was across two private investment companies - Heine Brothers Pty Ltd, where Michael Heine and his two ...

Citi hires new banking, wealth lead

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
Citi Australia has appointed a new head of its banking and wealth management distribution business. After more than 10 years with the bank, Gofran Chowdhury has nabbed the role, and will now lead the sales and distribution division within Citi Australia's ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
"There's a party goin' on right here A celebration to last throughout the years So bring your good times and your laughter too We gonna celebrate your party with you..." - Kool & the Gang The post-pandemic pool party at Wuhan Maya Beach Water ...

Melbourne boutique wins Crestone allocation

KANIKA SOOD  |  TUESDAY, 25 AUG 2020
Crestone Wealth Management has allocated to a Melbourne boutique's real assets fund that targets 7-11% per year in returns while aiming for a measurable social impact. The HNW advice firm will use Conscious Investment Management's impact fund, which ...