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Showing 41 - 50 of 2037 results for "Premium"

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Australian Unity entered into a strategic alliance, selling its financial advice business to AZ NGA-owned advisory firm Nestworth and Fortnum Private Wealth. AZ NGA, through Nestworth, will acquire Australian Unity's employed adviser and corporate superannuation ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... peers." In May, J.P. Morgan expanded its ETF offerings with the introduction of three new funds : the JPMorgan Equity Premium Income Active ETF (Hedged) (JHPI), JPMorgan US 100Q Equity Premium Income Active ETF (JPEQ), and JPMorgan US 100Q Equity Premium ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... will be predominantly funded by the sale of most of PAC's interests in PAC affiliates to GQG for cash consideration at a premium to their fair market value as published in Pacific Current's FY23 results," PAC said. Consequently, River Capital would acquire ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... green light for the takeover. The indicative proposal implies a $56 million equity value for Diverger and represents a 32% premium to the current share price of $1.07 per share. COG is offering to pay $27 million as a cash component, 83% more than Count's ...

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
The number of life insurance complaints may have declined 24% in the 2023 financial year, but policyholders continue to complain about claims-handling delays and insurers peddling misleading information. According to the Australian Financial Complaints ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... organisations in its report. One unnamed life insurer blamed its old policy administration system for failing to communicate premium rate increases to customers over several years that impacted four different policies. Insurers must notify policyholders ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... pre-pandemic levels," he said. Additionally, he said, exits are back to pre-pandemic levels, and the same is true of the wage premium earned by those who change jobs. "Surveys of workers and employers show a return to pre-pandemic levels of tightness ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... wealth creation and asset protection. The price of the courses varied between $5500 and $10,200, Grubisa also offered a premium course which included access to all the other courses together with some supplementary services for a higher fee of $25,000. ...

Equity Trustees offloads Irish business

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... next few months, subject for approval by the Central Bank of Ireland (CBI). While the sale price has not resulted in a premium, it will improve Equity Trustees' profitability and earnings per share from completion," Equity Trustees' managing director ...