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Showing 6601 - 6610 of 28267 results for "NOT"

New AMP Australia chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
AMP has appointed a new chief executive for the AMP Australia business, replacing Alex Wade who exited suddenly. Former Sunsuper chief executive Scott Hartley will take over from Blair Vernon, who has been acting in the position since Wade's sudden ...

Firetrail dips toes in global equities

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
... investors and $5.4 billion in total assets. In February it added an Aussie small caps fund to its lineup. But Firetrail is not one to sit still. The boutique has now set its sights on launching a global equities fund, which at this stage is expected ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
... networking monopoly through a years-long course of anti-competitive conduct". Alabama, Georgia, South Carolina and South Dakota did not join the action. Guam and the District of Columbia did. Namely, the lawsuits call for the sale of Instagram and WhatsApp ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... Heritage sites remain vulnerable to destruction. It would be unacceptable to investors that boards of mining companies are not actively and transparently seeking to understand their exposure to this risk," HESTA chief executive Debby Blakey said. "After ...

The real cost of a bad chief executive: AICD, ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... right chief executive. "When we are appointing a new chief executive, we need to have a strong focus on their soft skills. Not just whether they delivered outstanding financials in their last job, but who are they as people? What do others really think ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... carefully considered the proposal after obtaining advice from financial, tax and legal advisors and has concluded the offer does not represent "compelling value". Link shares have jumped since the announcement, closing at $4.96 on December 7 and sits ...

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... recommendation 2.2. The new law cites Corporations Act section 923A(2) of what an "impartial" or "independent" adviser is: does not receive a commission, remuneration based on the volume of business placed by the product issuer or a gift. Thirdly, superannuation ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... circulation of confidence is better than the circulation of money." - James Madison We, Australians all, are in a good place for not only do we have more money thanks to the Reserve Bank of Australia (RBA) and the Morrison government's largesse - ...

Government to wind up FASEA

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
The Financial Adviser Standards and Ethics Authority will be made redundant as two government bodies take over its remit. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume announced on December 9 that ...

Aberdeen Standard pulls plug on Aussie fixed income

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
Aberdeen Standard Investments will stop offering Australian fixed income strategies, after a strategic reconfiguration of the business. The team is currently led by Garreth Innes as head of Australian fixed income, including a $180 million income fund ...