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Showing 451 - 460 of 3078 results for "Corporation"

AMP shareholder class action settlement slashed

KARREN VERGARA  |  MONDAY, 9 OCT 2023
Disgruntled AMP shareholders are set to receive $84 million out of the $110 million class action settlement after legal fees are taken out should the court approve the proposed amount. Maurice Blackburn will take a $26 million cut of the settlement ...

Provide Capital ordered to produce documents

CASSANDRA BALDINI  |  THURSDAY, 5 OCT 2023
The local subsidiary of TPP Global Investments has been ordered by the Federal Court to produce documents it has so far withheld from ASIC. Provide Nominees (Provide), which trades as Provide Capital, came under the watchdog's surveillance in March ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
The Future Fund Board of Guardians will be forced to periodically disclose the investment holdings of the $250 billion sovereign wealth fund. Under the new reporting regime introduced by minister for finance Katy Gallagher, additional information must ...

VanEck to launch three fixed income ETFs

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
VanEck is set to launch three Australian government bond ETFs, giving investors and financial advisers access to various maturity profiles. The funds management firm's upcoming product suite, scheduled for release on September 28, introduces three ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
The latest sitting of the financial adviser exam returned a 73% pass rate. The August sitting saw 205 candidates attempt the exam. Of these, 150 passed. About 72% of the candidates were sitting the exam for the first time, ASIC said. The 150 candidates ...

New head of infrastructure at VFMC

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
Victorian Funds Management Corporation has promoted Stephen Baker to head of infrastructure following the retirement of Adrian Best. On joining the Victorian government's investment specialist - which manages funds for dozens of public authorities ...

Industry high flyers join JANA board

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... from the corporate and financial services sector. She currently serves as a non-executive director of Westpac Banking Corporation and Scentre Group and has previously held non-executive director roles at Telstra and Bank of Queensland. Before her board ...

Funds SA selects new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... with his appointment made by Her Excellency the Governor of South Australia under the Superannuation Funds Management Corporation of South Australia (Funds SA) Act 1995. "John has strong leadership skills, experience, and expertise in financial management. ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
The highly anticipated legislation that recognises veteran financial advisers as professionals and exempts them from undertaking further qualifications has passed both houses of parliament. The Labor government passed Treasury Laws Amendment (2023 Measures ...

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
... second half of FY24. Further, the decrease was driven by income related to the disposition of Macquarie Infrastructure Corporation (MIC) assets in the prior year. It reported net present costs (NPC) fell for its asset management to $2.342 million in ...