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Showing 391 - 400 of 907 results for "valuations"

AMPFPA selects law firm

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
... AMPFPA's battle with AMP Financial Planning over its decision to change its Master Terms in regards to business valuations under the BOLR policy without notice or consultation. Speaking to Financial Standard shortly after the announcement, AMP's ...

One in three chance of global recession: Aviva

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
... on growth," Aviva said. "We expect estimates for corporate earnings growth in 2020 will be revised lower, and with valuations already close to long-run averages, see limited scope for a sustained move higher. "That said, if there was a permanent resolution ...

Neuberger Berman launches new fund

KRISTI CHENG  |  THURSDAY, 19 SEP 2019
... institutional markets, and because they were gaining more brand recognition. Australian investors, he said, are concerned about valuations in world equity markets, but recognise global interest rates are very low. They are therefore looking for "an experienced ...

AMP advisers prepare for battle

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2019
... BOLR terms. The AMPFPA rejected Wade's comments. A recent FS Advice poll asked whether it was fair to align BOLR valuations with current market conditions. About 68% of respondents said no, while 26% said yes. A further 6% were unsure.

LIC announces board changes

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
... driven by sectors such as the IT and REITs sectors - sectors which we exercised strong caution in given the excessive valuations. In addition, some investments held back the portfolio's return for the year. On the plus side, the portfolio benefited from ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... said: "AMP's changes to its Buyer of Last Resort terms for aligned advice practices reflect changes to business valuations due to the ceasing of grandfathered commissions and other market disruptions. We have consulted through the process as required." ...

AMP advisers to fight BOLR changes

JAMIE WILLIAMSON  |  MONDAY, 12 AUG 2019
... has failed to meet contractual obligations to advisers. Last week, AMP signaled it would look to align BOLR business valuations to realistic market values of around 2.5x. It also announced a renewed wealth strategy focused on quality, not quantity of ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
AMP advisers planning to exercise their Buyer of Last Resort (BOLR) arrangements look set to have their business valuations slashed as part of the institution's new strategy. AMP chief executive Francesco De Ferrari said the group will look to recalculate ...

Rural FM dupes investors: Short-seller

KARREN VERGARA  |  FRIDAY, 9 AUG 2019
... Additionally, RFF appeared to have fudged its FY17 profits by either fabricating rental income or applying dubious valuations to its assets. As an example, RFF fabricated over $28 million of rental income by its two largest third-party lessees, Bonitas ...

Private equity fund raising $300m

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
... life of the trust. Federation Asset Management chief executive Cameron Brownjohn said that stretched equity market valuations and low cash rates meant that investors were seeking new avenues for generating returns, and particularly yield on funds deployed. ...