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Showing 1961 - 1970 of 10705 results for "May 1997"

It will pay to keep employees happy: Fink

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JAN 2022
BlackRock founder and chief executive Larry Fink has urged chief executives to adjust to the new world of work ushered in by the pandemic, and stem staff turnover by listening to employees. In his annual letter to chief executives, Fink focussed on ...

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
The Federal Court has imposed combined penalties of $4 million on Statewide Super for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required. Between 2017 and 2020, Statewide ...

Trading platform cops $110k fine

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
A trading platform has copped a fine of $110,250 for breaching enquiry rules and compliance obligations. BGC Partners breached the ASX 24's trading rules on two occasions on 22 March 2019, according to the Markets Disciplinary Panel, by transacting ...

Water, water everywhere but nothing to drink

BENJAMIN ONG  |  TUESDAY, 18 JAN 2022
Another two covid years over, a new one's just begun. Although still not proved beyond the shadow of a doubt, since the first bat flapped its covid wings in Wuhan (China), it has gone through several mutations - most notably, Alpha, Delta and now Omicron ...

Not all tech created equal: Principal

CHLOE WALKER  |  MONDAY, 17 JAN 2022
With a surge of US tech stocks on the rise, Principal Global Investors (PGI) chief strategist Seema Shah stresses the need to be discerning when evaluating them. A jump in bond yields has seen technology stocks become collateral damage and underperforming ...

Cbus to launch new investment options

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
The $67 billion super fund for the building and construction industries will launch new investment options as it remains focussed on growing to $150 billion. Cbus' existing menu of five investment options will grow to 11 with the addition of a new ...

Blackstone inches closer to Crown Resorts deal

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
Australia's biggest casino operator Crown Resorts said on Thursday its board was likely to back an improved $8.87 billion buyout proposal from US private equity firm Blackstone Inc unless a higher offer emerged. Currently, James Packer's Consolidated ...

How to invest in China: Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
China's slowing economy may have investors on edge as we ease into 2022, but there's still plenty of opportunities - so long as you know where to look, Capital Group says. Providing an investment outlook for 2022, Capital Group said investors must do ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
Members of Media Super have received an apology from the fund after it was discovered the information underpinning its benefit projection tool hadn't been updated since 2015. Media Super's Retirement Income Simulator was made available on its public ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
The demand for client books with a Baby Boomer demographic is increasing among those looking to acquire a financial advice practice. The December Radar Results reveal that near-retirees or retirees are highly sought after by financial advisers. Valuations ...