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Showing 1491 - 1500 of 14210 results for "Interest"

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... allow for the trading, clearing and settlement of Australian carbon credit units (ACCU). CER first sought expressions of interest for participants to develop Australia's first carbon exchange in 2021, with ASX being one of 27 to apply. "Demand for ...

Natixis IM subsidiary hires head of sustainability

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
Natixis Investment Managers affiliate Flexstone Partners appointed a managing director and head of sustainability. Samira Boussem took the post on January 8, having been promoted from her role as head of ESG at Natixis Investment Managers Solutions ...

SG Hiscock plucks new investment chief from UniSuper

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
... individual portfolios, who leaves UniSuper after a seven-year stretch. Robert Hogg, who was UniSuper's head of fixed interest and macro research, brings more than 30 years of experience to the role. His expertise spans economics, Australian and international ...

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
Several directors of Linchpin Capital Group and Endeavour Securities, both of which are now in liquidation, were slapped with a combined $390,000 penalty by the Federal Court for breaching their duties. Last April, the court found that Ian Williams ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
Senator Andrew Bragg has called for new reforms aimed at safeguarding retail investors as superannuation funds increase their ownership stakes in Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... so many innocent Australians." Mayfair 101 said its bridging lender, Naplend, will likely collect about $23 million in interest, fees and expenses on top of a $14.2 million loan facility from the sale of properties ASIC deemed speculative and high risk. ...

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... doubled between 2022 and 2023. They continue to be of great concern to us. "We are also seeing the impact of increased interest rates and cost of living pressures, with complaints involving financial hardship also significantly higher." Though there ...

ASIC takes action on EverBlu, director

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... investment bank EverBlu Capital, for alleged market rigging and failing in his duties as a director to manage conflicts of interest. The case will also look at Blumenthal's duties as a director of ASX-listed Creso Pharma (now Melodiol Global Health). ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
Mitsubishi UFJ Financial Group (MUFG) is set to pay $1.2 billion for Link Group. MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank) parties signed the scheme implementation deed today that will pay $2.26 cash for every ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... above, $1600 per annum is moved to $3200 per annum, with no additional work to be done. However, in the client's interest, the financial planner will look at alternative policies with other insurance companies to offset this higher cost," he said. ...