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Showing 141 - 150 of 816 results for "Settlement"

E&P chief exits early

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... the group with various matters at the direction of the board, including assistance with finalising the conditional settlement of the representative proceedings filed by Shine Lawyers, which was announced by the Company on 14 November 2023," E&P said. ...

AMP selects new chief technology officer

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... for her work reshaping the technology function and building a depth of talent," George said. Last week, AMP reached a settlement with AMP Financial Planning advisers in the long-running Buyer of Last Resort (BOLR) class action. The wealth manager will ...

ASX calls time on mFund settlement service

ANDREW MCKEAN  |  TUESDAY, 28 NOV 2023
Following an assessment and feedback from a recent consultation, the ASX has opted to wind down the mFund settlement service, setting a tentative deadline of May 2026 for the removal of funds. ASX noted that, since mFund's launch, an evolving market ...

Betashares launches cash plus managed fund

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... with monthly distributions. Additionally, Betashares said the fund provides investors with fast liquidity through T+2 settlement, enabling them to achieve improved yields on their cash. This is achieved while maintaining a high degree of capital stability ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... action - an amount double what it initially provisioned. The wealth manager announced this morning it has reached a settlement with AMP Financial Planning advisers in the BOLR class action that dates back to July 2020. After provisioning $50 million ...

ASX awards settlement, clearing mandate

KARREN VERGARA  |  MONDAY, 20 NOV 2023
The ASX awarded a mandate to a global technology firm that will deliver a product-based clearing and settlement solution so it can proceed with the next phase of the CHESS replacement. The bourse has entered into an agreement with Mumbai-based TATA ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
The $110 million settlement that was reached in the long-running fees-for-no-service class action against AMP was approved by a judge yesterday. The class action was filed in June 2018 and came on the back of misconduct made public by the Royal Commission. ...

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
... interest. Further, Shine alleged that the plaintiffs failed to address conflicts of interest in such practices. "The settlement is without admission of liability and is subject to the approval of the Federal Court of Australia," Shine said. "Shine Lawyers ...

Link revises financial reports after ASIC review

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... pinpointed discrepancies in the recorded value of Link's Fund Solutions business assets and provisions tied to its settlement with the UK Financial Conduct Authority (FCA). Subsequently, Link will adjust its "accounting treatments" concerning the financial ...

Calastone appoints new local head

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
... the managed funds sector. Lee joined Calastone in 2017 after 12 years of experience in custody securities and funds settlement roles at Westpac and HSBC. She'll continue to maintain strong ties with Calastone's diverse client base, including ...