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Showing 1541 - 1550 of 6588 results for "Review"

Updated life code released

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
The Financial Services Council (FSC) released the second draft of the Life Insurance Code of Practice 2.0 for public consultation. The latest draft of the code was released today, incorporating feedback from the first draft's consultation. The FSC has ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
A Sydney boutique is looking to raise $25 million for a listed investment company that will invest in local and global stocks. Lanyon Asset Management will run the offer from September 13 to September 24, priced at $5 per share to raise a total of $25 ...

Another departure on AMP Capital MAG team

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... Perpetual's diversified investments team. At AMP Capital, he was the portfolio manager for at least 10 funds which were put under review at Morningstar after the announcement. He is expected to leave in October. AMP Capital said it will shortly commence ...

Rating houses recommend Pengana funds

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... International Fund and PIA. Pengana head of distribution Adam Myers said the recommended ratings awarded on the initial review by these highly regarded research houses supports our conviction in the high quality and unique capability of the investment ...

SEEK raising $260m for new fund

KANIKA SOOD  |  WEDNESDAY, 11 AUG 2021
... that invests in employment-related businesses. The SEEK Growth Fund is a pooled unit trust formed after SEEK's strategic review of its Asia Pacific and Americas Investments business announced in February. SEEK will transfer about $1.2 billion of existing ...

Funds valued illiquid asset correctly: ASIC

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... COVID-19. ASIC found that the responsible entities of the funds were responsive to the increased valuation risks during its review period of 1 March and early November 2020. "They continued to provide timely valuations of their illiquid assets, including ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
Despite reporting a $1.4 billion profit boost, Commonwealth Bank's legacy financial advice business and legal troubles continue to eat away at the bottom line. In releasing its FY21 results this morning, CBA's provisional remediation bill owed ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... servicing high net worth and self-directed segments, through its Private Wealth division," it said in ASX filings. "NAB will review opportunities to extend its private wealth offer to Citigroup's clients and potentially utilise relevant services offered ...

Asendium partners with regtech

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... document preparation. The integration will increase efficiencies in both systems and for the overall advice creation and review process, resulting in less time to conduct audits, Asendium chief executive Scott Miller said. Miller said: "Through our Fourth ...

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Superannuation funds need to lift their game when it comes to annual member meetings as ASIC found that many should be giving members a better opportunity to have their voices heard. While the the corporate regulator did not identify significant failures ...