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Showing 1781 - 1790 of 5859 results for "Short"

Woolworths admits to underpaying staff $300m

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
Woolworths has apologised in a statement today, admitting that it has underpaid close to 6000 employees by up to $300 million. The group said the discovery was made after it began a review earlier this year after the implementation of a new Enterprise ...

IOOF to cut bonuses, pays Kelaher millions

ELIZABETH MCARTHUR  |  TUESDAY, 29 OCT 2019
... 2019. His invested long term incentive (LTI) performance rights lapsed as a result of his cessation of employment and his short term incentive (STI) deferred shares remain subject to look-back. More than 383,000 performance rights granted to Kelaher ...

WiseTech short could impact super

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
Several superannuation funds could get caught in the crosshairs after a short report on WiseTech by J Capital has seen shares in the key Australian tech stock plummet. AustralianSuper, for example, has a $4.2 million holding in WiseTech. Australian ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A new paper on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. ...

Another winter of Australian discontent

BENJAMIN ONG  |  WEDNESDAY, 23 OCT 2019
It would be the winter of discontent for Australia's agriculture sector if Rabobank's latest 'Australian Winter Crop Outlook' report is any guide. The specialist agribusiness bank predicts that the country's national harvest would ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
... Knox, noted the flexibility afforded to Australians upon receipt of their retirement benefit at retirement, but stopped short of calling for all Australians to adopt the same strategy for dealing with such a lump sum.. "We're not suggesting that everyone ...

Hong Kong hedge funds suffering: Report

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... funds totaled US$300 million over the first three quarters of 2019, the lowest since the Global Financial Crisis. "Long/short equities and multi-strategy are the most commonly adopted strategic mandates within the region, accounting for 59.1% and 10.3% ...

Industry fund appoints interim investment chief

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... ESSSuper in the 1990's. Between 2004 and 2007, Kessell managed investments at the London Pensions Fund Authority, before a short stint as a pension investment controller at the J Sainsbury Pension Scheme. legalsuper chief executive Andrew Proebstl ...

YouTube fundie walks away

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
The embattled UK fund manager, Neil Woodford, has resigned from his namesake funds and is closing down his business. One day after it was announced that his flagship Woodford Equity Income Fund would be wound up, Woodford has made the shock decision ...

AMPFPA selects law firm

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
The AMP Financial Planners Association has appointed a high-profile law firm to explore legal options available to its members following AMP's decision to alter its Buyer of Last Resort policy. The AMPFPA has selected Corrs Chambers Westgarth to ...