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Showing 791 - 800 of 2018 results for "BID"

Freedom acquires bank insurance arm

KARREN VERGARA  |  TUESDAY, 17 APR 2018
... arm for $65 million. FIG has entered into an agreement to purchase St Andrew's Insurance from the Bank of Queensland in a bid to diversify its insurance products. The specialist insurance solution provider offers general, life and credit insurance through ...

New law tightens unpaid SG penalties

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... super problem. Minister for Revenue and Financial Services Kelly O'Dwyer introduced legislation in Parliament overnight in a bid to stop "unscrupulous employers short changing superannuation contributions for employees." The Treasury Laws Amendment (2018 ...

Pengana drives WHSP finance portfolio up 43pct

ALEX BURKE  |  THURSDAY, 22 MAR 2018
The performance of Pengana Capital Group, which was created following the Hunter Hall merger last year, drove Washington H. Soul Pattinson's 1H18 portfolio up 43.3%. Pengana delivered a $1.9 million contribution to WHSP's net profit during the period. ...

Australia ticks boxes for ultra-high-net-worth individuals

KARREN VERGARA  |  MONDAY, 12 MAR 2018
... citizenship and residency by investment programmes. Minimum capital required to invest in Australia is US$1.2 million. In a bid to ease foreign investment in Australia, the New South Wales government raised the stamp duty surcharge from 4% to 8% for ...

Global asset manager rebrands

KARREN VERGARA  |  THURSDAY, 8 MAR 2018
Natixis Asset Management will rebrand to Ostrum Asset Management as of April 3 in a bid to expand its partnerships and refocus its investment strategies. The move is part of the asset manager's European parent, Natixis Investment Managers, aligning ...

Super funds call for SG increase to aid women

JAMIE WILLIAMSON  |  THURSDAY, 8 MAR 2018
AustralianSuper and Human Super support a mandatory increase to the superannuation guarantee for women in a bid to close the superannuation gap. Both super funds are lobbying for a mandatory 12% SG contribution, stating the 2.5% increase would make ...

WAM calls to remove Aurora as RE of listed trust

ALEX BURKE  |  TUESDAY, 20 FEB 2018
... disclosure obligations under the ASX Listing Rules," WAM said. This latest conflict with WAM follows Aurora partaking in a takeover bid for Molopo Energy, which preceded WAM making its own offer in November. WAM Capital was seeking all ordinary shares ...

SEC cracks down on fee transparency

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
... Exchange Commission (SEC) announced it will crackdown on financial product providers' fee disclosures the year ahead in a bid to protect mum and dad investors. The SEC made it clear that one of its main priorities this year is to protect retail investors ...

FPA clarifies role in shaping existing adviser standards

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
... confusion and anger levelled at the FPA by its members in response to the draft standards released by FASEA in December 2017. In a bid to alleviate some of its members' stress, the FPA has uploaded an FAQ to its website to provide answers to questions ...

Paradice appoints portfolio manager from Northcape

ALEX BURKE  |  WEDNESDAY, 24 JAN 2018
... were also a number of take-over proposals during the period, most notably AWE (oil and gas, +94% in quarter), TOX (Cleanaway bid, +38%) and Aconex (IT, +92%). At the larger end, the merger between Tabcorp and Tatts Group was concluded and Santos received ...