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Showing 1831 - 1840 of 3558 results for "October 28"

IRESS acquires super software provider

KERRIE SYDEE  |  MONDAY, 26 SEP 2016
IRESS has entered an agreement to acquire an established Australian superannuation software business for a total purchase price of up to $90 million. The agreement will see IRESS acquire Financial Synergy, with the transaction expected to be complete ...

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
A spokesperson for the Minister for Revenue and Financial Services Kelly O'Dwyer has confirmed to Financial Standard that draft legislation pertaining to the Life Insurance Framework (LIF) will be formally re-introduced in early October when Federal ...

Myer Family Investments chair to retire

ALEX BURKE  |  MONDAY, 26 SEP 2016
Myer Family Investments will renew its board after its October 18 annual general meeting. Martyn Myer, appointed as chair in 2011, will retire from the board and be replaced by Sidney Myer, who currently serves as a non-executive director. Martyn Myer ...

Axsesstoday completes $20m bond issue

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
Axsesstoday has completed a $20 million bond issue as part of a debt diversification plan and to fund growth of the company's underlying equipment financing business. Arranged by FIIG Securities, the $20 million note issue will be combined to form a ...

IFM active equity team wins first mandate

MARK SMITH  |  WEDNESDAY, 21 SEP 2016
IFM Investors' active equities team has won its first institutional mandate from an industry super fund. The $6.5 billion Mine Wealth + Wellbeing fund has awarded the firm's Australian Core Equities strategy its inaugural mandate. The exact size of ...

Forager plans listing for Australian Shares Fund

MARK SMITH  |  TUESDAY, 20 SEP 2016
Australian small cap specialist Forager Funds Management is soft-closing its Australian Shares Fund and plans to move to a closed-ended structure in an effort to protect investors from the growth in the fund detracting from performance. The planned ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 20 SEP 2016
US housing market index The NAHB housing market index rose to a reading of 65 in September, a sharp improvement from the previous month's 59 level. This was better than the expected increase to 60 and the best reading since October 2015. Better, all ...

ASIC hands down permanent and four year bans

KERRIE SYDEE  |  FRIDAY, 16 SEP 2016
ASIC has permanently banned a company director and has banned an alternative investment manager and director for four years. Steven Hill was permanently banned from engaging in credit activities and providing financial services after an ASIC investigation ...

Brown to leave after AFA board re-election

JAMIE WILLIAMSON  |  FRIDAY, 16 SEP 2016
JBS Financial chief executive and former AFA Adviser of the Year Jenny Brown will no longer serve on the AFA board of directors after another high-profile industry figure was elected as vice-president. Former AFA president Michael Nowak will take over ...

ASIC hands down more permanent bans

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2016
ASIC has permanently banned a former AMP financial planner from providing financial services, deciding he is "not of good fame and character." Rommel Panganiban of New South Wales, an authorized representative of AMP Financial Planning between 2010 ...