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| | | ... occurred. Civil penalties have significantly increased since 2016, with the maximum penalty for such conduct for a large entity now the greater of $782.5 million or three times the benefit derived. The bank will also pay ASIC's costs, amounting to $8 ... |
| | | | ... acquired by Future Group in December, shortly before Verve Super officially joined the Future Group fold. "We are honoured that now 14 super funds have engaged us as their independent trustee and trusted partner supporting them by overseeing the management ... |
| | | | ... governance is not changed just because the technology is new," Longo said. "Whatever may come, there's plenty of scope right now for making the best use of our existing regulatory toolkit. And businesses, boards, and directors shouldn't allow the international ... |
| | | | ... significant contributor to the return was Novo Nordisk, the Denmark-headquartered developer of wonder drug Ozempic, which is now the biggest company in Europe. About 71% of the fund is invested in equities, taking stakes in close to 9000 companies across ... |
| | | | ... members, you would expect an explosion of new digital advice offerings in 2024/25." Elsewhere, once small fintech players have now become behemoths. HUB24 and Netwealth's combined market capitalisation is now equivalent to AMP, Insignia, IRESS, Link ... |
| | | | ... This will cover 1 April 2022 - 31 March 2023 reporting. While many companies have been reporting this data for some years now, this is the first time the information will be made publicly available. In Australia, women's salary increases are failing ... |
| | | | ... in recent years, with a three-year return of -2.9%. An investor who placed $10,000 in the fund at its 1995 inception would now have about $106,000. Schroders said it expects to have completed the sale of the fund's assets later this week. |
| | | | The family who rescued Darrell Lea from voluntary administration more than a decade ago has now saved iconic dessert brand, Sara Lee. Sara Lee's administrators at FTI Consulting announced on Monday that the company, which went into voluntary administration ... |
| | | | ... locations across New Zealand and services more than 65,000 clients. In 2015, CIP acquired a 40% stake in Wilson HTM, which is now Wilson Advisory, while Deutsche Bank gained a 20% share. It marked CIP's first expansion in Australia. One year later, CIP ... |
| | | | ... technological advances. "This further reinforces the need to embrace the innovation and stake of perpetual change that we are now immersed in, with a toolkit that is deeper and wider to bring generational change to the broader funds landscape," he said. ... |
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