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Showing 681 - 690 of 1863 results for Elizabeth McArthur

AMP sees 245% jump in consumer interest

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
AMP has reported a huge jump in the number of consumers visiting its website looking for free financial education articles. There was a 245% increase in total unique visitors to the AMP site, when comparing the first two months of 2020 to the first ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
ASIC has dropped all 38 charges it was pursuing against missing woman and self-proclaimed financial adviser Melissa Caddick. The regulator was pursuing criminal charges against Caddick, who has been missing since November last year. The charges included ...

Morningstar releases DDO solution

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
With the October 2021 deadline for ASIC's new product design and distribution obligations fast approaching, Morningstar has released a new solution. "The most meaningful way to keep regulatory compliance costs low for industry participants and consumers ...

Lowy-backed Assembly acquires childcare centres

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
The Lowy Family Group backed Assembly Funds Management has acquired six early learning centres in North West Sydney. The acquisition is in partnership with Harrington Property Funds Management and will see the six childcare centres operated by Young ...

ClearView bolsters team

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
Listed financial services company ClearView Wealth has made a key appointment to its life insurance team. Nick Kulikov has been appointed to the newly created position of head of product and pricing. In the new role he will be responsible for ClearView's ...

REA Group to acquire Mortgage Choice

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
REA Group has entered into an agreement with Mortgage Choice to acquire 100% of outstanding shares for $1.95 cash per share in a deal worth $244 million. Mortgage Choice has a loan book of $54 billion, settlements of $11 billion in 2020 and in the six ...

MetLife announces suite of product changes

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
MetLife has made a range of product changes, attempting to address concerns about rising premiums. The insurer will now offer a three-year rate guarantee for all lump sum retail products. For the first three years of a new retail policy, MetLife will ...

Kin Group bids to takeover McPherson's

ELIZABETH MCARTHUR  |  FRIDAY, 26 MAR 2021
Family office Kin Group has moved to acquire consumer products and wellness company McPherson's via its subsidiary Gallin. Gallin is offering McPherson's (ASX: MCP) investors $1.34 per share, a 9.8% premium on the 24 March 2021 close price of ...

HGL acquires Supervised Investments

ELIZABETH MCARTHUR  |  FRIDAY, 26 MAR 2021
ASX-listed HGL has acquired fund manager Supervised Investments Australia. Supervised Investments already had an investment agreement with HGL for The Supervised Fund but operated under its own AFSL. Supervised Investments has been brought into the ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
ASIC has released three legislative instruments to regulate advice fee consents and lack of independence disclosures, as part of the government's response to the Royal Commission. The first of the three sets the requirements that written consent from ...