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Showing 11 - 20 of 6437 results for %22%25 December%22

Court approves wind up of Prospero Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... - which the court approved - to be the best way to ensure their funds are recovered. Prospero's AFSL was suspended in December 2023 after it failed to lodge its financial accounts. The investigation was sparked by an Australian Federal Police operation ...

Equity Trustees welcomes new chief financial officer

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... set to take on the role, effective 22 July 2024. Gentry announced he would be stepping down from the position back in December 2023 after eight years. At the time, EQT board chair Carol Schwartz said Gentry played a "pivotal role in helping reshape EQT". ...

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... Australian fixed interest ETFs recorded inflows of $694 million compared with $764 million in the three months to 31 December 2023, while international fixed income ETFs received inflows of $108 million compared with $401 million over the previous quarter. ...

Regal shutters East Point AM

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... respect of Regal Funds Management was slashed from 100% to 50%. "The relevant capital was approximately $0.6 billion at 31 December 2023 and was a similar amount at the end of March. At this level of capital, the rebate change could generate a further ...

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
... internally, one valued at $1.2 million in North Nowra, and another in Bolong valued at $4.65 million. In the five years to 31 December 2023, the fund returned 7.4%.

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... 30 April 2024. Heartland said the acquisition is a "critical step" in its expansion strategy for Australia. As at 31 December 2023, Heartland's Australian reverse mortgage and livestock finance businesses had around NZ$2 billion of gross finance receivables. ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... consumer dissatisfaction and work with their customers to resolve these types of cases earlier," he said. Between June and December 2023, some 71% of cases that bypassed IDR related to delayed claims; 69% came from service quality issues; and 62% accounted ...

Former adviser slapped with 12 charges

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... joined in September 2013 and left in September 2021. After that, he was licensed under We Are Gen Y for three months until December 2021. Last August, the court froze his assets and enforced interim travel restraints. At the latest hearing, the court ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... proceedings against Provide Capital following its failures to produce several documents as part of its investigation. On 13 December 2023, Provide Capital made an application to prevent further investigations alleging ASIC did not have reasonable grounds ...

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... published NTA per stapled security. 360 Capital Group said the sale price represents a premium of $13.9 million above its 31 December 2023 carrying value of the HPI stake, representing about 6.5 cents per TGP security. "The group continues to remain ...