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Showing 1441 - 1450 of 3130 results for "November 26"

WAM calls to remove Aurora as RE of listed trust

ALEX BURKE  |  TUESDAY, 20 FEB 2018
Wilson Asset Management submitted a request for an extraordinary general meeting to remove Aurora Funds Management as the responsible entity of an ASX-listed trust. Before calling for the meeting, WAM also lodged a redemption request for all of the ...

L1 Capital prepares for LIC IPO

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2018
L1 Capital appointed a syndicate of broking firms as it prepares to float its Long Short Fund listed investment company. NAB will lead the IPO, while Crestone, Morgans, Morgan Stanley, Ord Minnett, Taylor Collison and Wilsons will serve as co-lead managers ...

NAB redundancies in full swing

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
The Finance Sector Union of Australia believes NAB is not doing enough to retrain or reskill the 6000 employees that will be made redundant over the next three years. Finance Sector Union of Australia (FSU) national secretary Julia Angrisano said many ...

Chief economist update: The yen's on the up and up

BENJAMIN ONG  |  FRIDAY, 16 FEB 2018
Instead of reversing, the yen continued to climb after Japan's Cabinet Office released the country's National Accounts showing that economic growth slowed to an annualised rate of 0.5% in the December quarter from 2.2% in the previous three-month period. ...

SMFSA voices support for AFCA

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
Expanding the remit of the newly legislated Australian Financial Complaints Authority (AFCA) to protect some rights of self-managed super members marks a "significant step" for the industry, according to the SMSF Association. Establishing AFCA consolidated ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
Australia's largest superannuation fund is reducing insurance premiums that will save members $100 million over the next financial year. From May 2018, AustralianSuper and life insurance partner TAL will decrease life insurance premiums by 14% for death ...

FPEC chair steps down

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
The Financial Planning Education Council (FPEC) chair has stepped down from his post. Mark Brimble was appointed to the role in November 2013 and currently serves as a board director of the Financial Adviser Standards and Ethics Authority (FASEA). Sharon ...

Scared of inflation? Try deflation

BENJAMIN ONG  |  MONDAY, 12 FEB 2018
Is there something wrong with this picture or what? Wall Street remains on a seesaw ride and volatility - compared with the VIX index's performance over the past three years - is through the roof. Theoretically, ex-US investors needn't be losing sleep ...

AAT issues stay on Poidevin appeal to ASIC ban

JAMIE WILLIAMSON  |  FRIDAY, 9 FEB 2018
The Administrative Appeals Tribunal has issued a stay on the banning order against a Bell Potter executive. On 29 November 2017, ASIC banned Bell Potter managing director of corporate broking, Simon Poidevin, for a period of five years. The regulator ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
Now we've seen it all - the "most hated bull market in history" and the "most widely-expected correction." To wax pedantic about this, the Dow and the S&P 500's big drop on the 5 February 2018 does not even fit the technical definition of a correction ...