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Showing 6841 - 6850 of 28267 results for "NOT"

Chant West head of client development to retire

KANIKA SOOD  |  MONDAY, 26 OCT 2020
... Peck reported the newly-appointed chief operating officer Jason Huddy. His last day will be December 3. He said the firm has not yet made a replacement. Peck has previously worked at Colonial First State as its general manager of marketing, BT as head ...

Perpetual equities fund cops ratings downgrade

KANIKA SOOD  |  MONDAY, 26 OCT 2020
... 2020." The ratings house noted success in such investments depends on stock rerating on business or management reform, which is not a guarantee despite Skamvougeras's more activist approach in recent years. The concentrated strategy also has a mandate ...

Super fund execs accused of quasi-insider trading

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
... and that it has the strictest policies on people having access to sensitive information and switching. When individuals are not able to switch, that is made completely clear to them. NGS Super had three trustees make major transactions during the time ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... revaluation of the group's holding in Zip Co. of $212 million. In May, Westpac announced it will review its business units that did not deliver scale or returns, some of which were general and life insurance, and auto finance. Subsidiary BT has shut ...

IOOF compensation bill soars

KARREN VERGARA  |  MONDAY, 26 OCT 2020
The former pensions and investments business of ANZ has exacerbated IOOF's client remediation bill, which has now topped $760 million. The provision for ex-ANZ P&I took the lion's share of the total remediation bill at $197.9 million. The firm ...

Gender doesn't influence company returns: Research

ELIZA BAVIN  |  MONDAY, 26 OCT 2020
... examined the total shareholder return for each company, during the period of each new director appointment, finding gender did not influence returns. However, the study observed that the performance of companies with boards comprised of more than 90% ...

Daniel Crennan resigns

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
... my resignation to the Treasurer with immediate effect," Crennan said. "In order to ensure that ASIC's important work is not disrupted, I will remain available to facilitate the orderly transfer of work to my successor." He thanked the government ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... relocation from the United States of America. The amount of the reimbursement is $118,557 (includes GST)," the papers state. Not reimbursing the payments would have taken his total remuneration to about $973,921 for the year. "I have advised the Treasurer ...

AustralianSuper ratings slide at Morningstar

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
... risen under our enhanced analyst ratings framework, though this capability remains discernibly above-average." The note did not have fee data. AustralianSuper posted record member growth in FY20. It added 410,000 new members and 71,000 businesses. It ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
Some retail AMP Life customers received a steep premium increase on their income protection policies recently. Customers in a legacy product from the life insurer were notified by letter or email that following a review of premiums, they would be paying ...