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Showing 4521 - 4530 of 28259 results for "NOT"

Stop orders placed on property funds

CHLOE WALKER  |  WEDNESDAY, 14 SEP 2022
... development activities and is relatively low in liquidity, ASIC said. Given these features, ASIC considered that the ARP Fund was not suited to the objectives, financial situation and needs of all the retail clients in the target market. Meanwhile, ASIC ...

UK regulator flags big redress bill likely for Link

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... view is that Link Fund Solutions may be required to pay redress of up to $522 million based on misconduct, though this is not a final decision. It has approved the takeover as it relates to Link's six other subsidiaries without conditions. After receiving ...

Anton Tagliaferro announces retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... said. "I would like to thank all our clients who have supported Investors Mutual over the past 25 years. Without you I would not have had the opportunity to do what I was passionate about every day." Hambly thanked Tagliaferro for his significant contribution ...

Atlas Arteria ignores IFM opposition to latest deal

JAMIE WILLIAMSON, ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
... expect it to be highly dilutive to distributions (potentially up to 20% dilutive), and our belief that those reservations are not only shared by ourselves (in our capacity as adviser to the IFM Global Infrastructure Fund ("IFM GIF")) but also other major ...

Charges laid against former BBY head of operations

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
... and May 2015. The charges are concerning her involvement in obtaining overdraft funding from St George for BBY which it was not entitled to. A statement advised the charges have been made under subsection 82(1) of the Crimes Act 1958 (Vic). Each offence ...

ASX to close on September 22

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
The ASX will close trading for both its equities (ASX Trade) and futures (ASX 24) markets next week to observe the National Day of Mourning for Queen Elizabeth II. In line with the government's announcement to commemorate Queen Elizabeth on September ...

Legendary US adviser backs Lumiant

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2022
... high-profile US financial adviser, investor and personal finance commentator Ric Edelman. While the size of the investment was not disclosed, the cash injection is expected to accelerate Lumiant's international expansion into the US financial planning ...

JANA announces Sustainability Advisory Council

CASSANDRA BALDINI  |  MONDAY, 12 SEP 2022
... the UN SDGs while also delivering strong financial returns. "The reach of sustainability efforts are far and wide, impacting not only the wealth of investors but also individuals and society. Achieving the outcomes of net zero, racial and gender equality ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... compensation will be available," FPA chief executive Sarah Abood said. "We are concerned however that the scope of this scheme does not ensure that consumers are covered for the full range of matters considered by the AFCA including managed investment ...

ACCC approves Dye & Durham, Link deal

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2022
The Australian Competition and Consumer Commission will not oppose Dye & Durham's acquisition of Link Group, provided Dye & Durham divests its existing Australian businesses. Dye & Durham offers information broking services, conveyancing and legal practice ...