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Showing 651 - 660 of 2288 results for "Premium"

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... performance and management woes. WAM is offering shareholders two of its shares for 3.7 CLF shares, representing a 15.2% premium to CLF's share price on September 2 and a 7.6% premium to its reported pre-tax net tangible assets at July 31. CLF shares ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Class action proceedings have been filed against Count Financial, a former subsidiary of Commonwealth Bank of Australia after contravening its obligations under the Corporations Act. The proceedings filed by Piper Alderman in the Federal Court of Australia ...

LIC seeks conversion to ETF

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
... Income Trust. Over the years, LICs and LITs have tried many measures to solve the problem of them trading at a discount or premium to the value of underlying assets. This includes buying back units, changing managers or strategy, merging with an existing ...

Investor expectations pie in the sky: Schroders

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
Australian investors have unrealistic investment return expectations in relation to their portfolio construction and need to adopt a different strategy to achieve expected returns, according to a new survey from Schroders. The Schroders Global Investor ...

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
Unlisted asset valuations, early release of superannuation and heatmaps are some of the key areas APRA will prioritise over the next 12-18 months. COVID-19 has forced APRA to reassess the urgency of a number of key initiatives affecting superannuation ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
... rational enough: The Fed's shift into a lower for longer strategy suggests that Australian interest rates would be at a premium over US rates going forward, enticing investors to buy A$ to avail of the premium. This flows from the Fed's new-found ...

APRA expands super data collection

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
APRA has released the final consultation package for Phase 1 of its project to expand the breadth, depth and consistency of its superannuation data collection. Launched last November, APRA's multi-year Superannuation Data Transformation aimed to improve ...

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... action industry contains a number of specialist entities and warrants oversight. "Regulation should ensure that the risk premium awarded to entities for the funding of actions is appropriate," it said. "Most importantly, regulation and oversight should ...

Equipsuper changes insurance premiums

KANIKA SOOD  |  WEDNESDAY, 26 AUG 2020
Equipsuper will increase the fund's total premium collections by 2%, as it changes rates for members after a review. The rejig will see premiums rise for some members and fall for others, alongside changes to their cover. For members whose premiums ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... policies with a 'to age 65' benefit period - these premiums will increase by 73.7%. Non-default salary continuance premium rates for a two year benefit period will increase by 22.3%. Hostplus said in a significant event notice to members that ...