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Showing 541 - 550 of 4023 results for "January"

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... their respective claims dismissed in December. Claimants represented by the firms were then told to serve any claims by January 18. About 20,000 claimants are represented by the firms. "From our investigations, we believe that Link allowed WEIF to hold ...

Berkshire Hathaway, IAG restructure agreement

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
... National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway, will continue for close to seven years, valid from January 2023 to December 2029, and consist of 20% quota share. IAG chief financial officer Michelle McPherson said Berkshire Hathaway ...

Prime Super appoints new board directors

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
Prime Super has appointed two non-executive board directors, effective 1 January 2023. Prime Super added former Club Plus Super chief investment officer Gemma Dooley and Edgehaven managing director Bev Durston. Dooley has more than 30 years' experience ...

Court approves Pendal takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2023
... They will also receive one Perpetual share for every seven Pendal shares. It's expected the scheme will be implemented on January 23. The court approval follows the receipt of shareholder approval on December 23. More than 99% of Pendal shareholders ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... Investment Management, Mercer (Australia), Sandhurst Trustees and Vanguard Investments fall under this umbrella. As of January 1, the standard commenced on a voluntary compliance basis; full mandatory compliance will start July 1 in line with the new ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... make the representations, or that the representations were factually incorrect. BME paid the infringement notices on 3 January 2023. Payment of an infringement notice is not an admission of guilt or liability, ASIC noted. "ASIC issued eight infringement ...

Magellan reports $2.6bn net outflows

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
... In an ASX announcement, Magellan said it will pay distributions (net of reinvestment) of approximately $0.3 billion in January. This figure will be reflected in the funds' FUM and performance fee update for next month. Magellan also said that performance ...

AMP, Dexus deal delayed

CASSANDRA BALDINI  |  MONDAY, 9 JAN 2023
... precedent from later this month to February 28. However, if all conditions precedent for completion are not satisfied by January 26, the maximum total consideration payable by Dexus will be reduced to $225 million from $250 million. The base purchase ...

Cbus stalwarts retire, union leader returns

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... her deep understanding of the issues blue collar industry workers face. Devasia will commence her term on the board in January. Meanwhile, Swan thanked Donnellan and O'Grady for their service, particularly their advocacy for the best interests of ...

BGL names new chief executive

CASSANDRA BALDINI  |  WEDNESDAY, 21 DEC 2022
... Solutions has promoted Daniel Tramontana to chief executive. The current chief operating officer will start the new role on January 1, taking over from Ron Lesh who will continue as managing director. Tramontana joined the SMSF provider in 1997 as a ...