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Showing 501 - 510 of 2662 results for "SEPA"

Forrests invest in post-war, green Ukraine

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2022
Andrew and Nicola Forrest's investment firm has committed nearly $750 million to a fund dedicated to rebuilding post-war Ukraine's infrastructure with green and digital assets. Forrest and President Volodymyr Zelenskyy announced the investment ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
ANZ has agreed to pay $42 million to settle a class action regarding consumer credit insurance (CCI) products. Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life ...

Perpetual, Pendal deal on shaky ground

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
Perpetual has confirmed it may have to cough up more than $20 million to Pendal Group if a transaction were to impede the existing deal between the two entities, as speculation grows Perpetual is attempting to renege. Yesterday, Perpetual dismissed ...

ASIC issues more stop orders

CHLOE WALKER  |  THURSDAY, 10 NOV 2022
The corporate regulator has placed interim stop orders on offers from Finnia Income (Finnia) in response to its flimsy target market determinations (TMDs). Finnia, an unlisted company, pursued a $20 million raise under a prospectus through the issue ...

AFA posts $273,135 operational loss

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
The Association of Financial Advisers (AFA) has reported an operating loss of $273,135, an improvement of $94,655 from last year's result, as it gears up for the vote on its proposed merger with the Financial Planning Association of Australia (FPA). ...

Rest revamps equities team

ELIZABETH FRY  |  FRIDAY, 4 NOV 2022
Industry superannuation fund Rest has restructured its listed assets team as it adopts a more holistic approach to investing its $66 billion in funds. As Rest continues to enhance its whole-of-fund investment style, it has realigned the team's roles ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
A new paper from the Quality of Advice Review recommends life insurance commissions be retained, but additional disclosure rules be introduced to ensure clients consent to the payments. In August, the first proposals paper from the Quality of Advice ...

Separation of ANZ P&I business completes

JAMIE WILLIAMSON  |  MONDAY, 24 OCT 2022
Several years in the making, Insignia Financial has finally completed the separation of the pensions and investments business, in a first of its kind move. This is the first time a superannuation business has been separated from a big four bank, with ...

Former AUSIEX chief to join Investment Trends

CHLOE WALKER  |  FRIDAY, 21 OCT 2022
Eric Blewitt will take over as chief executive of Investment Trends later this month, as Sarah Brennan becomes chair of the research house's newly established advisory board. Blewitt has over 25 years of experience leading wealth management and ...

Perpetual takeover of Pendal progresses

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
In Perpetual's first quarter business update, it said that progress has been made across the key conditions to the Pendal Group takeover, including client consents and regulatory approvals. Perpetual chief executive and managing director Rob Adams ...