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Showing 1431 - 1440 of 7099 results for "June 11"

Yarra completes acquisition

KARREN VERGARA  |  MONDAY, 12 APR 2021
Yarra Capital Management has completed the acquisition of Nikko Asset Management's Australian business, which was announced on March 2. Yarra will soon revive Nikko AM's former name Tyndall Investment Management, which was removed in September 2014 ...

APRA to overhaul offshore reinsurance standards

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
The prudential regulator has commenced industry consultation on revisions to the prudential standards for life insurers to protect life insurance policy holders against the use of offshore reinsurers. APRA is proposing an aggregate limit on exposures ...

Time running out for claims licences

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
ASIC says it has only received 15 applications for insurance claims handling and settling licences, with some so sloppy they will have to be resubmitted. The regulator has issued a reminder that, as per recent reforms, insurance claims handling and ...

MLC exec to lead fintech

KARREN VERGARA  |  WEDNESDAY, 7 APR 2021
A former MLC advice executive has joined fintech Intelliflo to lead the Australian business in a newly created role. Intelliflo will welcome Geoff Rogers to expand the firm's presence in the local wealth management market on June 14. Rogers has been ...

Hostplus wins mandate

KANIKA SOOD  |  TUESDAY, 6 APR 2021
Hostplus has been chosen as successor fund for about $210 million of member assets from AUSfund, as the latter closes its doors after 33 years. AUSfund, which was set up as a fund for unclaimed or dormant superannuation funds, is owned by an Industry ...

Evans and Dixon takeover shelved

KANIKA SOOD  |  THURSDAY, 1 APR 2021
360 Capital has dropped its plan to acquire ASX-listed E&P Financial Group. TGP's offer to acquire 78.78% ordinary shares of E&P Financial Group closed at 7pm yesterday. In ASX filings this morning, 360 Capital said its board has decided to let ...

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
The corporate regulator has commenced civil proceedings against Commonwealth Bank over allegations it wrongly charged monthly fees to customers over a nine-year period. ASIC alleges CBA incorrectly charged $55 million in monthly access fees to nearly ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... the improvement sets the government up for earlier budget repair, with the deficit likely to be just over $150 billion by June - well below the $197.7 billion projected in the mid-year update." The persistent increase in iron ore prices also provides ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
Expansion in private sector activity with a dash of inflation. This is the overriding conclusion that could be derived from the flash estimates of the IHS Markit Purchasing Managers' Index (PMI) surveys conducted for the US, the Eurozone, the UK ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
An $11.5 billion superannuation fund's chief executive will exit to lead a fintech, which is in the process of merging with the former Sargon Capital, now Certane Group. Mine Super chief Harry Mitchell will step down after nearly five years at the ...