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Showing 521 - 530 of 1585 results for "Light"

Macquarie Group raising $1bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
Macquarie Group is raising $1 billion to chase new opportunities and maintain capital levels in light of ongoing regulatory change. Macquarie this morning announced a $1 billion non-underwritten institutional placement, which represents roughly 8.5 ...

ASIC approves name and shame rules

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
The corporate regulator has given the Australian Financial Complaints Authority the green light to name financial services companies and superannuation funds in its determinations. In deciding to disclose names, ASIC said this will help identify conduct ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... growth for both companies." Kobayashi will also join Challenger's nomination committee. MS&AD recently received the green light from the Treasury to up its stake in Challenger. MS&AD Insurance Group Holdings will be allowed to hold a 100% stake in Challenger ...

Down but not out: Top advisers adapt

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... Inspire and co-chief executive of Multiforte Kate McCallum is concerned so few new advisers have entered - particularly in light of the new educational standards which include a professional year requirement. "How do we make sure we get the brightest ...

IFM Investors sets significant emissions targets

KRISTI CHENG  |  MONDAY, 26 AUG 2019
IFM Investors has set emissions targets across its major assets that aim to reduce more than 200,000 tonnes of CO2 emitted by 2030. In an unprecedented move IFM Investors will now have emissions reduction targets through to 2030 and beyond. The targets ...

Japanese insurer gets Treasury tick to up Challenger stake

KANIKA SOOD  |  MONDAY, 19 AUG 2019
A Japanese insurer that owns about 16% of Challenger has received the green light from the Treasury to increase its stake in the company. In March, MS&AD announced its intention to take its stake in Challenger over 15% and seek board representation. ...

Risk advisory firms merge

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2019
... service and support. However, the main benefit is that the merger will enhance our national presence and footprint." In light of the merger, CRA insurance adviser Nicholas Brian and MBS general manager Carolyn Clark will become new equity partners.

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... wealth management profits, AMP conceded chief executive Francesco De Ferrari's remuneration will have to be reconsidered in light of share price tumbles. The group reported an underlying profit of $309 million for the first half of 2019, a 38% fall in ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... super funds for the purpose of investing in managed funds would need to be remediated in the future. The leak also sheds light on the relationship between NAB and EY, detailing significant differences between the consultant's confidential review ...

Australian equity markets remain clean: ASIC

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... a general improvement in market cleanliness from 1 November 2006 to 31 October 2015, according to their 2016 report. In light of these results, ASIC said it will continue to strengthen surveillance of listed equity markets. This includes increasing monitoring ...