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Showing 1921 - 1930 of 7845 results for "Open"

WAM Capital commences LIC takeover bid

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... Defender Equities (WDE) managed by Perennial which it said had underperformed consistently since inception. The offer is now open and will run until October 14, unless withdrawn or extended. Wealth Defender Equities can get one share in WAM Capital for ...

FASEA busts dishonest education providers

JAMIE WILLIAMSON  |  FRIDAY, 14 SEP 2018
... the FASEA Code of Ethics and legalities have also been recommended. The FPA believes the financial adviser exam to be an open-book, multiple choice only assessment purely focused on the FASEA Code of Ethics and explicit legal obligations. The association ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... oversubscriptions. The manager has set the minimum subscription for the offer at $73.5 million. The general offer is expected to open on September 24 and will run for about three weeks, closing on October 25. The LIC expects to start trading on October ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... provide information requested by FOS on the basis it didn't believe it was "relevant." Additionally, CMLA failed to be open and transparent in its dealing with FOS and as a result, did not comply with FOS' terms of reference or ASIC regulatory ...

Industry super fund commits to green bonds

HARRISON WORLEY  |  TUESDAY, 11 SEP 2018
An $11 billion industry superannuation fund is a founding signatory to the Green Bond Pledge. Local Government Super (LGS), the industry fund for NSW local government employees joined the US state treasuries of California, New Mexico and Rhode Island ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
This morning the Royal Commission heard about instances of misconduct in the life insurance industry and where conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr ...

ASIC to ramp up trustee visits

KARREN VERGARA  |  FRIDAY, 7 SEP 2018
Superannuation funds should get accustomed to leaving the front door open for ASIC as the regulator flagged it will pay trustees more periodic visits. Presenting a regulatory update at the AIST Super Investment Conference? in Cairns yesterday, ASIC ...

Advisers warming up to LICs

KANIKA SOOD  |  THURSDAY, 6 SEP 2018
... locked down for some time period but the investor has liquidity through the ASX trading. Meanwhile, ETFs are suited for more open ended strategies. Clayton said he expects the advisor-broker split in LIC floats to reverse further. "We expect a positive ...

Gonski asks philanthropists to have more heart

DARREN SNYDER  |  THURSDAY, 6 SEP 2018
... multiplier for changing lives." Speaking about his chairmanship at ANZ, Gonski said he initially took the role with his eyes wide open. He'd spent several years being a stand-in director at ANZ. "I know there's a lot of criticism of the industry ...

Trustees caught in a balancing act

KARREN VERGARA  |  THURSDAY, 6 SEP 2018
The financial services Royal Commission exposed substantial breaches of fiduciary duties that show superannuation trustees have to lift their game and improve governance standards, a legal expert says. Holding Redlich partner Paul Faure told the AIST ...