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Showing 411 - 420 of 2274 results for "Premium"

Pendal rejects Perpetual bid

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
... increasingly successful in bringing sustainable and impact investing capability to market. The proposal represented a 0.3% premium to the 180-day VWAP of Pendal shares up to April 1.

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
BT Funds Management has been handed a $20 million fine by the Federal Court for continuing to charge commission payments to superannuation members for seven years after they were banned. BT Funds Management charged insurance premiums that included commissions ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
The Federal Court has ordered Westpac to pay a $1.5 million penalty for mis-selling consumer credit insurance with its credit cards and Flexi Loans, to customers who hadn't agreed to buy insurance policies. This penalty has come as a result of Westpac's ...

28% of super products rated AAA

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
Out of more than 700 superannuation products in Australia, 193 received Rainmaker Information's AAA Quality Rating in 2022. The rating reviews Australian super products, to see if they have passed a range of comprehensive benchmarks and best practice ...

Boys' clubs cost companies: Study

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... calculated that investing in high diversity firms, relative to low diversity firms, can potentially generate an annual return premium of 2.5% for diverse boards and a 4% annual return premium for diverse senior management. "The gender diversity premium ...

Warakirri acquires stone fruit orchards

JAMIE WILLIAMSON  |  TUESDAY, 5 APR 2022
... category strategy with W. F. Montague Pty Ltd and will see the fund become one of the largest owners of modern, high-density, premium stone fruit orchards in Australia. They are the first investments made by the Farmland Fund which was launched last ...

Perpetual moves to acquire Pendal

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... would own approximately 48% of the merged entity. The proposal, which amounts to $6.23 per Pendal share, represents a 0.3% premium on Pendal's VWAP for the 180 days to April 1 and a 35.4% premium on the VWAP for the 30 days prior to April 1. Pendal has ...

APRA suspends IDII work, "disappointed" in industry

ELIZABETH MCARTHUR  |  FRIDAY, 25 MAR 2022
APRA has suspended its work on individual disability income insurance, which was causing huge losses to insurance companies, expressing disappointment in the industry's response. The regulator first announced it was intervening on IDII products in 2019 ...

Practice valuations to normalise: Report

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
Financial advice practice valuations are expected to regulate this year and will continue to trade at a premium, so long as financing terms remain favourable. That's the prediction of Centurion Market Makers, outlined in its 2022 Practice Acquisition ...

TAL wins life company award for 2021

KARREN VERGARA  |  THURSDAY, 17 MAR 2022
... based on sales and growth over three years; a review of over 90 product features and definitions; service quality and premium rate comparisons across ages and sums assured. Product sustainability and innovation are also considered. Plan For Life regional ...