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Showing 771 - 780 of 9558 results for "Release"

MLC Life enhances income product range

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
... cost. This means, that if customers are unemployed when making a claim and don't satisfy the relevant condition of release, MLC can access the claim outside of super. MLC chief life insurance officer Michael Rogers said: "Our goal is to ensure our ...

ABE releases Rolls Royce bond

CHLOE WALKER  |  FRIDAY, 24 JUN 2022
It's one of the most luxurious automotive brands in the world and it now has its own bond linked security from the Australian Bond Exchange. Fixed at 5.5% per annum, the Rolls Royce bond linked security is the latest addition to ABE's offerings ...

Diverger makes $65m bid for Centrepoint Alliance

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... to the Centrepoint board to acquire all the company's shares. Centrepoint has now entered a trading halt, pending the release of an announcement regarding the proposal. Under the offer, Centrepoint shareholders would receive a mixture of cash and Diverger ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... licensee obligations and other requirements under the Corporations Act." ASIC will update its key regulatory guidelines and release new legislative instrument to further support corporate directors while continuing to assess other regulatory guides related ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
Australia's life insurance industry will soon have a new peak body, the Council of Australian Life Insurers (CALI). Expected to launch later this year, CALI is the brainchild of a collective of life insurers who believe it is now time for the sector ...

Mutual sector overcomes pandemic headwinds

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
The top 100 co-operatives and mutuals have defied the economic impacts of the pandemic; the sector's revenues grew a record 10% to $34.4 billion during 2020/2021. The latest National Mutual Economy Report released by the Business Council of Co-operatives ...

Australian firms spend 3.6bn on financial crimes

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
A new study has shown that Australian financial service companies are expected to spend more than $3.6 billion on financial crime compliance in 2022. Yesterday LexisNexis Risk Solutions released the first Australian edition of its true cost of compliance ...

Super industry levies insufficiently detailed: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
In a submission to Treasury about the proposed financial institution's supervisory levies for 2022-2023, ASFA has called for a more detailed dissection of APRA's regulatory activities. The industry body said: "It's incumbent upon regulators to provide ...

WAM Leaders, AEG to merge

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
WAM Leaders and Absolute Equity Performance Fund have agreed to merge, with WAM Leaders to acquire 100% of the latter. The announcement to shareholders said that under the scheme implementation, AEG shareholders will receive new WAM Leaders shares as ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
Russia's invasion of Ukraine immediately slowed the recovery from the Covid pandemic and set the global economy on a course of lower growth, the OECD said. The intergovernmental organisation's latest economic outlook said global growth would ...