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Showing 561 - 570 of 1891 results for "Associated"

Climate change greater threat than COVID: Report

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... Economics lead partner, Pradeep Philip said the costs of climate change are still rising each year, as are the costs associated with reducing the risks it presents. "Climate change is no longer a possibility. It is a reality. Doing nothing is now a policy ...

Challenger shareholders revolt against remuneration

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... NPAT was down 14% to $344 million - after deducting for investment experience of $750 million and the $9 million cost associated with the wind up of a Fidante boutique. Challenger's biggest shareholders listed in its annual report include Japanese ...

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
... restrain Matthew Alan Beresford from continuing a financial services business and suspended the bank accounts and websites associated with Maxwell Financial Services and Asset Capital Holdings. Furthermore, the Court has ordered the winding up of Secure ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... bank flagged the massive loss ahead of releasing its full year 2020 results on November 2. Goodwill and intangibles associated with Westpac Life Insurance Service, auto finance business and software write downs totalled $568 million after tax. Westpac ...

NAB adds to wealth client remediation

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... said until the customer payments have been finalised, the bill for remediation is uncertain. Furthermore, all earnings associated with MLC Wealth will move off its balance sheet to discontinued operations from 2H20 with the earnings separation costs ...

IAPF to acquire management rights for $40m

ELIZA BAVIN  |  TUESDAY, 20 OCT 2020
... assets including the profits attributable to the assets," IAPF said. IAPF said the total consideration includes the associated transaction costs of around $6.7 million and will be funded via IAPF's existing debt facility. "The progressive investment ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... The corporate regulator obtained orders from the Federal Court of Australia against the man including that websites associated with the alleged scam be suspended and that associated bank accounts be frozen. Victoria Police Finance and Cyber Crime Division ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... accumulated financial buffers to spend and invest. "One of the many unique features of this recession is that it has been associated with a big increase in household saving," Lowe said. "Normally in a recession, income falls and many people draw on their ...

Australian Unity launches new fund

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... and will enhance the wellbeing of Australians through investment in preventative and remedial healthcare and health associated businesses and assets." Chief investment officer, Australian Unity Wealth & Capital Markets, Joe Fernandes said the fund will ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... derivatives contracts," ASIC said. "It is critical to the mitigation of both individual entity risks and systemic risks associated with the discontinuation of LIBOR." The new protocol will come into effect from 25 January 2021, institutions that use ...