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Showing 2151 - 2160 of 5260 results for "SCA"

ASIC bans crypto scammer

ALLY SELBY  |  FRIDAY, 4 SEP 2020
ASIC has banned a former national representative of a cryptocurrency investment scheme from financial services for seven years, after it was found he engaged in misleading or deceptive conduct. New South Wales based John Louis Anthony Bigatton has copped ...

MTAA Super, Tasplan reveal executive lineup

KARREN VERGARA  |  THURSDAY, 3 SEP 2020
MTAA Super and Tasplan have unveiled the new executive team that will steer the newly-merged entity into the future. Ross Barry has been named chief investment officer. He is moving from First State Super where he is currently the head of systematic ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
The Australian economy fell 7% in the June quarter, spelling two consecutive quarters of economic contraction, officially marking the nation's first recession since 1991. The release of national accounts confirmed the Australian economy has experienced ...

First Sentier takes stake in renewable energy

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
First Sentier Investors (FSI) announced it has acquired a 40% stake in Terra-Gen from Energy Capital Partners (ECP). New York-based Terra-Gen develops, constructs, and operates utility-scale wind, solar, energy storage, and geothermal electrical generation ...

Fake pastor herds believers into Ponzi scheme

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
A man claiming to be a pastor in the US has been charged over a Ponzi scheme that targeted African immigrants, particularly those of faith. The US Securities and Exchange Commission (SEC) charged two companies based in Maryland for the scheme that allegedly ...

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
New global research reveals the COVID-19 pandemic has squeezed years of digital transformation into less than two months, but finds that partnerships, innovation and agility will be key for both advisers and institutions to survive and thrive going ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
IOOF posted a net profit of $147 million for FY20, while also announcing a range of changes to its advice businesses as part of its advice transformation. IOOF announced its Bridges business will be transformed into a fully salaried network, while it ...

Earnings season worst on record: CommSec

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
The companies within the ASX 200 index have endured the worst earnings season in over a decade with statutory profits down and increased expenses, according to CommSec. The online broker's latest biannual earnings season report revealed that of the ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its ...

Vanguard leaves Hong Kong, Japan for Shanghai

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
Vanguard has announced it is exiting its exchange traded fund (ETF) businesses from Hong Kong and Japan to focus on retail clients in mainland China as the two offshore operations did not have "significant scale". The ETF provider said in a statement ...