Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2281 - 2290 of 7871 results for "Board"

Perpetual talent departs

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... the full year also dropped, down 5% to $489.2 million, reflective of a lower level of funds under management (FUM). The board still decided to pay shareholders a final dividend of 50 cents per share, resulting in a fully franked total dividend for the ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... far short of staff expectations," she said. A current employee shared similar sentiments in the meeting and asked how the board can reconcile this remuneration as employees are offered lower wage increases. Livingstone said the bank is still in the process ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... RBA are urging Australian institutions to use the new ISDA protocol and supplement. The international Financial Stability Board also issued a statement welcoming the new ISDA protocol. "Adherence is an important step towards the orderly transition of ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... are too high and returns are too low - and that is not good enough by anyone's standards," she said. Rowell noted that board governance in superannuation funds remains somewhat of a problem which she reiterated for funds that are merging. "Mergers ...

Rest appoints three investment specialists

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
Rest announced the appointment of three new members to its board investment committee, including the former chief executive of Pendal Group and a UBS veteran. Michael Bargholz, Deep Kapur and Anne Anderson will join the five person investment committee ...

OneVue encourages Iress takeover

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
The OneVue board has encouraged shareholders to vote in favour of the takeover proposal put forward by Iress after another shareholder started a campaign against the scheme. In a letter, the OneVue board said it has become aware of recent media coverage ...

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
... administrator of Woodford Equity Income Fund, which has shut down and is in the process of returning investors' money. The board said it will consider the proposal, including obtaining advice from Macquarie Capital and UBS, its financial advisers ...

Evans Dixon to rebrand

KARREN VERGARA  |  MONDAY, 12 OCT 2020
... change its ticker code from ED1 to EP1. The changes will be put forth at the annual general meeting on November 11. "The board believes that the change will align the group's trading brands and increase market awareness of the group's collective ...

Aware Super moves to acquire OptiComm

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
Aware Super has provided a proposal to the board of OptiComm to acquire 100% of the telecom company, which delivers fibre to the premises networks. Under Aware Super's proposal, OptiComm shareholders would receive cash proceeds of $6.50 per share (inclusive ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
Managed accounts platform Powerwrap has de-listed from the ASX and its chief executive and board have stepped down following the acquisition by Praemium. In the next move of the off-market takeover, Praemium made payment of the 94% in acceptances on ...