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Showing 2221 - 2230 of 14210 results for "Interest"

Pendal, Perpetual amend deal terms

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
Both Pendal Group and Perpetual have confirmed the terms of their takeover deal have changed, in addition to the Supreme Court ruling that Pendal could rightfully seek more than a break fee if the deal goes south. Both parties have agreed to revise ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
... test's methodology to be re-designed so that it measures funds against a simply constructed portfolio of shares, fixed interest, and cash. "The test methodology should change to a simple naïve benchmark, which would end test manipulation by measuring ...

Former van Eyk Research chief sentenced

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2022
... ASIC also alleged that Thomas deliberately concealed details of the deal to appear as though there was no conflict of interest. The conduct took place over three weeks in January and February 2014, just weeks before van Eyk crumbled. The firm was forced ...

Financial services sector reports highest rates of burnout

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
New data reveals 64% of banking and financial services employees have felt burnt out or emotionally overloaded from work in the last 12 months. Slack APAC research titled Leadership and the war for talent surveyed 1000 knowledge workers in Australia. ...

Experts weigh in on Brookfield bid for Origin

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2022
... Origin's Energy Markets business while MidOcean would acquire Origin's Integrated Gas business including a 27.5% interest in Australia Pacific LNG (APLNG). Experts that spoke with FS Sustainability raised a number of concerns about the transaction ...

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... prices 40 times, so we've got that history of doing it." As of yesterday, about 18,000 potential members had expressed interest in taking up the product, in addition to several financial advice firms that will be able to access it through the Vanguard ...

New credit fund targets Australia

CHLOE WALKER  |  FRIDAY, 11 NOV 2022
... diversified portfolio of credit investments reflecting attractive risk-reward characteristics irrespective of the path of interest rates and in the context of growth in the private market for credit solutions. Commenting on the joint venture, Alpha Wave ...

Super fund with highest customer satisfaction named

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
Roy Morgan's Superannuation Satisfaction report shows an overall decline in super fund satisfaction, but several funds have bucked the trend. The report said that overall, funds scored a satisfaction rating of 67.9% in September 2022, a decrease ...

ASIC issues more stop orders

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
The corporate regulator has placed interim stop orders on offers from Finnia Income (Finnia) in response to its flimsy target market determinations (TMDs). Finnia, an unlisted company, pursued a $20 million raise under a prospectus through the issue ...

CareSuper flags merger with Spirit Super

ANDREW MCKEAN  |  WEDNESDAY, 9 NOV 2022
CareSuper and Spirit Super have entered a preliminary non-binding Memorandum of Understanding (MoU) to explore a possible merger. Under the proposed deal, CareSuper and Spirit Super would combine to create a fund with over 500,000 members, and over ...