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Showing 191 - 200 of 4276 results for "Yesterday"

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... dignified retirement for more Australians. The Superannuation (Objective) Bill 2023, which was introduced to Parliament yesterday, defines the objective of super as "to preserve savings to deliver income for a dignified retirement, alongside government ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... Count is offering a 40 cents cash consideration (up from 36.7 cents) and a scrip consideration of 1.44 (up from 1.38). Yesterday, COG withdrew its $27 million offer, yet still believed that its $1.4083 per share proposal was superior. Instead, it announced ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... settlement that was reached in the long-running fees-for-no-service class action against AMP was approved by a judge yesterday. The class action was filed in June 2018 and came on the back of misconduct made public by the Royal Commission. An amended ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
... including if the situation in respect of Diverger's major shareholders changes," it advised. Addressing shareholders yesterday, Count chief executive Hugh Humphrey said the Diverger transaction is highly complementary to its existing business is ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
Almost 60% of Magellan Financial Group's shareholders rejected the company's remuneration report at yesterday's annual meeting, registering a first strike. More than 58% of Magellan's shareholders voted against the report on executive pay following ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia passed its peak, it "is still too ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
... In late September Regal walked away, saying it had been "consistently disappointed" in dealing with the fund manager. Yesterday, PAC said its independent board committee (IBC) considers GQG's proposal to represent an attractive value outcome for ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... manage their cash flow and give them access to advice and start to help them manage longevity risk," she said. Just yesterday, assistant treasurer Stephen Jones stressed that, in anticipation of the millions preparing for retirement in the next decade ...

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
... place with an 8.3% return. Future Group said the plans with GuildSuper have been in motion for some time, culminating yesterday when the Victorian Supreme Court approved the transition of GuildSuper from Guild Trustee Services to Equity Trustees, which ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
Two major high-net-worth financial advice firms laud the Quality of Advice Review's promises of drastically reduced scrutiny and red tape but have stopped short of saying that they will re-enter the retail client space. JBWere Australia began exiting ...