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Showing 1481 - 1490 of 3464 results for "Stake"

FASEA responds to concerns

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
The Financial Adviser Standards and Ethics Authority today released a preliminary response to submissions from stakeholders on its much contested Code of Ethics, attempting to answer some of the many questions raised so far. FASEA consulted with stakeholders ...

IOOF continues leadership reshuffle

HARRISON WORLEY  |  FRIDAY, 20 DEC 2019
IOOF has made yet another change to its leadership, with two executives headed for the exit. The much anticipated IOOF senior management review initiated by new chief executive Renato Mota earlier this year has finally come to an end, with the wealth ...

New Year, new APRA

ALLY SELBY  |  FRIDAY, 20 DEC 2019
Like many of us do nearing the end of the year, APRA has taken time for some self-reflection and assessment, identifying three areas it needs to work on next year. APRA has released its 2018/19 self-assessment report to review its key performance indicators ...

Salaries of the rich and famous

ALLY SELBY  |  FRIDAY, 20 DEC 2019
... But that's not all - Coates also earned an extra $87 million (£46 million) in shareholder dividends, thanks to her 50% stake in the business. That's a nice $610 million (£323 million) that Coates is taking home this financial year. According to Forbes ...

18 misconceptions about FASEA code

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
... requirements to manage and disclose conflicts of interest: "Depending on the extent of the competing interest and other things at stake, clients are not usually in a position to give fully informed consent to an adviser acting in a conflict," Patterson ...

Industry veteran arrested

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... year, but is still listed on the Mercantile Investments website as chair of the company. Earlier this year he sold his 18.8% stake in Mercantile Investments to Sandon Capital. He remains the largest shareholder in both firms. In a statement, NSW Police ...

Australians gifted new tech index

ALLY SELBY  |  TUESDAY, 17 DEC 2019
Aussie tech lovers and investors alike can celebrate a little early this silly season thanks to the announcement of a whole new S&P tech index set to track the movers and losers of Australia's booming tech sector. Set to launch February 21 next year ...

Pinnacle buys stake in Coolabah

KANIKA SOOD  |  THURSDAY, 12 DEC 2019
Pinnacle Investment Management has bought a 25% stake in Christopher Joye's credit boutique in a transaction that values it north of $116 million. Pinnacle is paying $29.1 million for the interest. An extra $5 million is subject to the Coolabah ...

Platform appoints TPB director

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 DEC 2019
A director of the Tax Practitioners Board has joined the board of a managed accounts provider and platform. Julie Berry will replace Peter Brook as a non-executive director at Xplore Wealth. She has been a director of the Tax Practitioners Board for ...

Real estate manager hires from Cbus

KANIKA SOOD  |  TUESDAY, 10 DEC 2019
A real estate fund manager appointed a head of sustainability, hiring from Cbus Property, in a role that reports to its chief executive. Lorraine Moore joined APN Property Group as head of sustainability at October end. She reports to APN Property Group ...