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Showing 6611 - 6620 of 28267 results for "NOT"

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... South African wealth manager and banking group is exiting the Australian market after 20 years. The company said the move is not a reflection of performance of the Australian business or employees, but a "strategic exit" to focus on its core markets ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... time the remaining proceeds of approximately $100 million should be received. CBA noted the divestment of BoCommLife does not affect the timing of the CommInsure Life divestment.

ASIC defers portfolio holdings disclosure deadline

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... provides "legal certainty" about the first reporting day, given that the regulations setting out the required disclosures have not yet been made. In April this year, the pandemic reoriented several of ASIC's priorities, flagging that the first portfolio ...

Advice associations join forces

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... newsletters which will be funded by a reduction in the AIFOP annual membership fees where the cost for the combined membership will not exceed the current price. Back in August the AIOFP called for opt-in provisions to be removed as they have increased ...

AMP launches retirement product

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AMP has launched a new retirement product that guarantees the return of capital regardless of market volatility. Available on its MyNorth platform, MyNorth Guarantees aim to help investors nearing retirement protect their nest egg against sequencing ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
... sales in October that followed an 8.7% drop in the previous month. But it appears that the Japanese government, itself, is not entirely convinced that the economy's rebound can be sustained, especially given the third wave of COVID-19 infections ...

ASIC takes iSignthis to court

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... Karantzis breached his directors' duties and failed to take reasonable steps to ensure the information given to the ASX was not false. Further to this, the corporate regulator accused iSignthis of failing to disclosure the reasons for VISA terminating ...

Vision Super increases premiums

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... some funds more than doubling premiums. Some funds have reduced cover for members to avoid large increases. Vision Super is not reducing the cover our members have." The spokesperson said the rise is due to several factors, including government changes ...

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... Yesterday, Link said it will consider SS&C's proposal and obtain advice from its financial and legal advisers. "Shareholders do not need to take any action in relation to the SS&C Proposal. It should be noted that there is no certainty that the discussions ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
... this quotation attributed to John F. Kennedy regained prominence during the Global Financial Crisis. Lost in translation or not, it appears that China is once again turning the coronavirus crisis into an opportunity. Makes you want to be believe those ...