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Showing 2211 - 2220 of 12584 results for "Company"

Former Aon Hewitt adviser banned

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
... letters also failed to disclose that it would be in Hills' interests if members decided to opt out of MySuper because his company would continue to receive commissions. ASIC said some letters were "seriously misleading" negative consent letters, telling ...

Mainstream moves forward with SS&C

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
... implementation deed and pay the $1.7 million break fee. SS&C's offer is to acquire 100% of Mainstream at $2 per share, valuing the company at $285.7 million. The valuation is 25.8x Mainstream's EBDITDA guidance and is an 87.2% premium to its equity ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... operations, which offer securities for cash through a conventional underwriting to fund a future acquisition of a private company. The SEC is concerned that SPACs circumvent some investor protections because they are not subject to all the same securities ...

Citi to exit consumer banking in Australia

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... to serve institutional clients across all those markets. Citi said the move is a result of a strategic review, with the company now focusing its consumer banking business on four "wealth centres" - Singapore, Hong Kong, United Arab Emirates and London. ...

Pendal gets $900m net inflows

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... inflows ($0.5 billion). In March, Pendal announced US-based Good as the replacement for Emilio Gonzalez, who will leave the company after nearly 11 years. Good was appointed the chief executive of J O Hambro Capital Management (JOHCM) in the US in December ...

Business registration to be updated

ANNABELLE DICKSON  |  THURSDAY, 15 APR 2021
... requires up to seven entry points to establish a business. "For the 2.7 million registered companies on the Australian Company Register, these reforms will streamline their annual business registry engagement with the government, helping SMEs to save ...

Vanguard Super appoints board

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... this year." Vanguard Super Pty Ltd's launch is subject to regulatory licences and successfully registering the fund, the company said. Last month, it appointed an administrator for the super offering. It has also returned institutional mandates in Australia ...

Bernie Madoff dies in prison

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
... market maker businesses on Wall Street - claiming to execute over the counter orders. The asset management division of the company was nothing but a Ponzi scheme. It used investor money to pay other investors. The amount of money lost by the 38,000 investors ...

ClearView adds advice growth role

ANNABELLE DICKSON  |  THURSDAY, 15 APR 2021
... He will report to ClearView general manager, licensee services, Todd Kardash. Kardash said the appointment reflects the company's commitment to building a scalable financial advice business. "We are not seeking thousands of advisers but rather our focus ...

Honan launches reinsurance offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 APR 2021
... selected as the location for the launch of Honan Re due to its reputation as the insurance hub of Asia Pacific and what the company described as a strategic geographical position in relation to the Asian, Australian, European and North American markets. ...