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Showing 671 - 680 of 6953 results for "March"

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... the transfer of AvSuper, which it agreed to in February this year, and Alcoa of Australia Retirement Plan, committed to in March. That same month it confirmed it was undertaking a successor fund transfer with Oracle Superannuation Plan.

Super funds missing out on rich returns from Aussie agriculture

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... returns from institutional-grade farmland have exceeded 10% over all one-year periods since 2015, except for the period to March 2021. The Your Future, Your Super (YFYS) performance test is another investment impairment, as the lack of a clear benchmark ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... Partners had lobbed a bid to buy PAC for $7.50 per share plus 2.2 GQG shares per PAC share, representing $3.62, back in March. It partnered with River Capital on the proposal but ultimately abandoned the attempt in late September, saying PAC had provided ...

ASIC strips institutional broker's AFSL

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... Advisory Services' AFSL has also been suspended, effective October 3. The corporate advisory firm's suspension lasts until 27 March 2024, with ASIC poised to cancel its licence if it fails to rectify "outstanding obligations" by this deadline. First ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... According to the Australian Bureau of Statistics (ABS), September's 4% WPI represents a 26-year high not observed since the March quarter of 2009. Speaking to Financial Standard, Mousina said the noticeable increase resulted from a tight labour market ...

First Sentier, AlbaCore complete partnership

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... and structured credit in Europe. Despite Sentier's majority investment in the partnership, which was first announced in March, AlbaCore will operate with investment autonomy with no change to its operations, teams, office locations, or brand. Additionally ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... 17 April 2018 during the Royal Commission and the revelations caused a substantial decline in AMP's share price. In March 2017, AMP shares were as high as $5.47 but hit $2.45 at the end 2018. Today, the share price sits around $1.

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
... York City and surrounding areas. Its performance began tanking in 2019, losing as much as 34.2% in value. In the year to March 2020, it lost about 76%. ASIC dropped its Federal Court case against DASS, which saw the latter pay $7.2 million in penalties ...

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... travelled to Perth to attend the AFL Grand Final and were shortly arrested by the Western Australian Police Force. From 11 March 2022, ASIC banned Babbage from providing financial services or engaging in credit activities for 10 years. He was also prohibited ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... River Capital and other parties in the process remain subject to standstill and non-disclosure agreements," PAC said. In March, Regal Partners joined forces with River Capital to make a non-binding indicative offer to acquire all shares in PAC. Together ...