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Showing 441 - 450 of 6570 results for "Review"

PM Capital hits back at Platinum after offer rejected

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... was "not superior" to the PAXX offer. "PGF is surprised with the outcome of the Platinum Capital (PMC) and PAI board's review and continues to believe that the PGF proposals offer PMC and PAI shareholders with significantly better financial outcomes ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
... representative on the Challenger board. The transaction is subject to approvals from APRA and the Australian Foreign Investment Review Board (FIRB). Hamilton said: "Dai-ichi Life is a global leader in life insurance and we look forward to building a ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
Platinum Asia Investments (PAI) has rejected a non-binding indicative proposal from the PM Capital Global Opportunities Fund and will move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PAI's independent board reviewed both ...

RBA flags 'policy changes' could derail super

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
... by liquidity challenged could pose a threat to the country's financial stability. In the RBA's April Financial Stability Review, the bank said while super funds are mostly still benefitting from a steady net inflow of liquidity from members, their significant ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... relief for tax liabilities incurred because of financial abuse. In a bid to hold perpetrators to account, the ATO will also review its existing powers to reallocate liabilities to perpetrators and develop staff guidance on how and when those powers should ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... risk management emerging in ANZ's Global Markets business. In response, APRA required ANZ to commission an independent review to determine the root causes of the issues, whether they extend beyond the Global Markets business and if the bank's existing ...

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
The Federal Court has approved the settlement amount of $3.54 million for Melissa Caddick victims who brought a class action against auditors that failed to detect fraudulent activities in their SMSFs. Michael Chapman, a director at Mackay Chapman ...

Otivo launches AI-powered advice tool

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
Otivo has launched a new AI-powered advice tool that will give Australians "licensed financial advice" named Ask Otivo. The digital advice platform said the two-way, real-time advice tool is Australia's first AI-powered platform that will provide personalised ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... obligations remains critical to ensuring vulnerable customers are supported during periods of financial difficulty. "Our review of industry performance in this area revealed varying results. Some insurers demonstrated strong compliance, while others ...

HMC Capital to launch new private equity vehicle

MATTHEW WAI  |  TUESDAY, 1 APR 2025
... - delivered more than 55% net returns in 2024, and returned 35% p.a. since its inception in 31 August 2022. Following a review, the trustees of HMCCP Fund I wanted to re-weight future investment into unlisted opportunities, as well as listed entities ...