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| | | JPMorgan Chase chair and chief executive Jamie Dimon says while the current private credit crisis does not pose a systemic risk, retail investors will be among the worst affected should 'anything go wrong'. In his annual letter to shareholders ... |
| | | | ... administration cost of 0.015% per annum of super fund assets. This cost, it said, will be paid from the fund's assets and not deducted from member accounts. "As part of our continuous review of our operations, Prime Super is reducing its administration ... |
| | | | ... creating instability," he said. "Either scenario carries risk, and both can trigger aggressive repricing. The right question is not whether there's a last-minute climbdown. It should be: what happens to markets if the risk of disruption to the Strait ... |
| | | | NEXTDC has launched a $1 billion wholesale offer of subordinated hybrid securities, supported by a binding commitment from La Caisse, the Quebec-based pension provider. The hybrid notes will have a non-call period of five years and a maturity of 100 ... |
| | | | Edney Ryan Wealth Management, the advice arm of Edney Ryan Group, will merge with Minchin Moore Private Wealth, operating under the latter's Australian financial services licence. Both firms are headquartered in Mosman, NSW, and will maintain a ... |
| | | | ... concerned that the Stakeholder Survey methodology is heavily reliant upon advertised job vacancies and, in our view, does not allow for data on other factors to be adequately captured and considered in context," Abood said. Abood said the advice industry ... |
| | | | ... cost of Death cover by 20%, and income protection by up to 38% depending on the benefit payment period. The increases have not gone down well among members, with some taking to Reddit and LinkedIn to vent their frustrations, labelling the fund tone deaf ... |
| | | | ... Ciccolallo, managing director of Orbis Investments Australia. "Our approach is deliberately contrarian. We look where others are not, to identify mispriced opportunities, it is often in these overlooked areas that we find our best ideas. In today's ... |
| | | | ... held an Australian financial services licence (AFSL) and exercise due care and diligence for both entities. Similarly, he did not complete the report on company activities and property with liquidator Polychain and failed to ensure that it kept adequate ... |
| | | | ... supports the Bill, which it said focuses on regulating platforms and custodians rather than the underlying technology, supporting not only consumers but institutional investors and financial advisers that are keen to participate. "This approach helps ... |
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