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Showing 771 - 780 of 3206 results for "Scheme"

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... previously warranted higher TPD cover are now covered by government schemes, such as the National Disability Insurance Scheme which was introduced in 2013 and commenced full operation in 2020. Finally, Christian Super is making it possible for any member ...

HUB24 to acquire Class

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
SMSF technology provider Class has agreed to be acquired by HUB24 via a scheme of arrangement. Under the deal, Class shareholders will receive one share in HUB24 for every 11 ordinary Class shares they hold, plus $0.10 per ordinary share. The implied ...

AMP Capital appoints chair, deputy for Private Markets

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... a non-executive director of Spark Infrastructure Group, from which he is due to step down following the completion of a scheme of arrangement for a consortium led by KKR and Ontario Teachers' pension fund to take over the business. The appointments ...

Fiducian adds $38m FUA to network

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
... businesses," he said. The group recently expanded its New Zealand presence by offering six of its funds via a KiwiSaver scheme. Kiwi investors can now access Fiducian's Growth Fund, India Fund, Property Securities Fund, Technology Fund, Balanced ...

Mainstream shareholders vote in favour of Apex

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
... Mainstream shares for $2.80 per share, valuing the company at $400 million. Almost 99% of Mainstream shareholders attended the scheme meeting in person or by proxy and 99.98% of the total votes were in favour of the scheme resolution. The acquisition ...

Industry calls for expanded CSLR

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
Professional associations and consumer groups have banded together to lobby for a stronger compensation scheme of last resort ahead of its expected legislation in the coming weeks. The Financial Planning Association of Australia, Association of Financial ...

Soul Patts finalises merger

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
Washington H Soul Pattinson (WHSP) has implemented its $4 billion merger with LIC, Milton Corporation. Under the scheme of arrangement, all Milton shares that are not currently owned by WHSP will be transferred today. Eligible Milton shareholders will ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... legislation would establish a rebuttable presumption that a return to the general members of a class action litigation funding scheme of less than 70% of their gross proceeds is not fair and reasonable," Treasurer Josh Frydenberg said. Finally, the draft ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... of merging with PM Capital's other LIC - the Global Opportunities Fund (PGF). On September 15, PGF and PAF entered a scheme implementation deed to merge. PGF has a 19.9% shareholding in PAF. The PAF board said it intends to vote in favour of the ...

Social media pump and dumps gain traction

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
The regulator has warned that pump and dump schemes are becoming a trend on social media. ASIC said it has observed a "concerning" trend of social media posts being used to coordinate pump and dump activity in listed stocks. It's now issued a reminder ...