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Showing 721 - 730 of 2711 results for "Agreement"

Australia to echo UK advice growth

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... markets in terms of adviser needs, regulatory reforms and market dynamics," Koch said. Intelliflo recently formed an agreement with Centrepoint Alliance to distribute its services across the Australian market. Centrepoint Alliance's advice software ...

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... failures in systems, processes and people as set out in the SOAFAC." CommSec and AUSIEX have entered into a compliance agreement with the regulator. This will involve a review by an independent expert. Among the issues raised on best execution policy ...

VanEck readies new ETF

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
... industries, society and the world." Newly elected US president Joe Biden recently turned the spotlight on the Paris climate agreement, to which the US has re-committed. Biden has promised to spend US$2 trillion on clean energy projects over the next ...

Standard Life Aberdeen sells 196-year-old brand

JAMIE WILLIAMSON  |  WEDNESDAY, 24 FEB 2021
... Standard Life Aberdeen, which has a 14% stake in Phoenix Group as part of the partnership, entered into a new binding agreement with the insurer which will see Phoenix acquire ownership of the Standard Life brand. Consequently, some employees who support ...

Wells Fargo sells asset management business

ELIZA BAVIN  |  WEDNESDAY, 24 FEB 2021
Wells Fargo has entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR and Reverence Capital Partners for US$2.1 billion, while also offloading four of its closed-end funds. The sale includes Wells Fargo Bank N.A.'s ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... retained. "Today's decision represents a permanent shift for the better in the Australian banking landscape. This agreement brings together two culturally aligned organisations to form what will be an enhanced and influential banking alternative ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
... earns about 95bps from ANZ Bank. The platform provider has previously highlighted that it or the bank may terminate the agreement with 12 months' notice. Macquarie analyst Brendan Carrig yesterday said the risk of ANZ wanting to renegotiate the rate ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
... committed to net zero absolute carbon emissions across its portfolio by 2050. This brings UniSuper in line with the Paris Agreement and with some of the largest super funds including AustralianSuper, Aware Super, HESTA, Rest and Cbus - all of which have ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
Mainstream BPO is due to pay $5.1 million as part of a confidential settlement agreement affecting its US hedge fund administration subsidiary. The ASX-listed firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a ...

Aon, WTW merger will reduce competition: ACCC

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... meeting of WTW shareholders which was ordered by the High Court of Ireland. The merger was proposed in March 2020 with an agreement to merge operations in an all-stock transaction with an implied combined equity value of about $121 billion (US$80 billion). ...