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Showing 381 - 390 of 2802 results for "Shareholders"

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... Financial chief executive Scott Hartley said. "We acknowledge the impact these historic remediation programs have had on shareholders; however, it is important that clients are fully remediated. "Importantly, we expect this is our final provision increase ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... super fund board can be complicated due to shareholder rights. Trustees cannot always remove a director, as often shareholders have the right to appoint and control the removal of their representatives. In such circumstances, if a trustee deems a director ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... digital and education tools, seminars, and advice, Qantas Super said. ART is also "a fund that works for members not shareholders and which is focused on lower fees," Qantas Super added. Qantas Super chair John Atkin said that, throughout the process ...

Rogue Sequoia shareholders slapped with orders

KARREN VERGARA  |  MONDAY, 15 JUL 2024
The Takeovers Panel has slapped a series of orders on Sequoia Financial Group shareholders who attempted to overthrow the leadership. The panel handed down several restrictions on the rogue shareholders and their associated entities that have substantial ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... simplify and streamline the business." Chief executive Scott Hartley said the changes follow months of engagement which shareholders, team members, regulators and consumer groups on which he heard of what Insignia does well and what it could stand to ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... this emerging asset class for individual and institutional investors," according to the PDS. In a June update to shareholders on its funds and the value of its Bitcoin and digital assets, Wade said the firm's funds traded lower that month, in line with ...

Sequoia professional services lead exits, restructures business

KARREN VERGARA  |  THURSDAY, 4 JUL 2024
... and their companies, owned large amounts of shares in Sequoia and have recently attempted to gain control of it. Shareholders at the extraordinary general meeting (EGM) in June rejected their motion for Brent Jones and Peter Brook to take up a seat on ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
The Takeovers Panel declared that rogue shareholders, which include Glennon Capital, seeking to gain control of Sequoia Financial Group were not transparent about their relationship and breached substantial shareholder laws. In an update to the ASX ...

Bendigo and Adelaide Bank appoints new chief executive

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
... Fennell is well placed to lead the next phase of the bank's sustainable growth agenda, benefiting customers, shareholders, employees, and communities. Carter said he's demonstrated his commitment to customers by leading the bank's consumer ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... other aspects of their business." The super fund is currently in a members' voluntary liquidation, meaning its shareholders agreed to wind up the business and cease trading. DW Advisory confirmed to Financial Standard that GigSuper had no obligations ...