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Showing 801 - 810 of 3206 results for "Scheme"

Perpetual ups acquisition liability

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
Perpetual will need to fork out more cash for its Barrow Hanley acquisition as it revalues the remuneration paid to staff. The firm originally estimated that the amount of incentive compensation accrued to be $2.1 million. This has jumped to $10.2 million. ...

ASIC takes property development group to court

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... superannuation funds and invest in property and developments set up by MKS Property, which is an unregistered managed investment scheme. Some $11.3 million was raised from the investors, some of which ASIC alleges was used for personal use by the defendants. ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... which was less severe compared to the prior period when large corporate super mandate losses and the early release of super scheme took place. AMP chief executive Alexis George said: "We really want to broaden that offering to the external adviser market ...

EQT ups bid for Iress

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
... interest of shareholders to engage further with EQT in relation to the proposal. "Iress directors intend, subject to entry to scheme implementation deed on acceptable terms, to unanimously recommend that Iress shareholders vote in favour of the proposal ...

Adrian Whittingham back full-time at Pinnacle

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... $400,000 the previous year). He also had to repay by 2020 the PNI-extended loans to participate in long-term incentive scheme. He is the 11 th largest shareholder at Pinnacle, with 3.1 million or 1.6% of the total PNI shares on issue. Andrew Chambers ...

BNP Paribas wins China custody agreement

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... today announced it has been granted a licence to provide custody services for China's Qualified Foreign Investor (QFI) scheme, effective immediately. In 2016, BNP Paribas China Limited was one of the first foreign banks to be granted a bond settlement ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... time. Anderson said: "If the litigation funding element of the ASIC funding levy was structured as a managed investment scheme, advisers would be caned for recommending this to their clients." "The AFA is calling on the government to remove the litigation ...

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... termination of the business combination agreement, Aon will pay the US$1 billion termination fee to WTW. WTW's proposed scheme of arrangement has now lapsed, and both organisations will move forward independently. "Going forward, our focus remains ...

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation. The ...

Frontier partners with due diligence platform

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
... appealing to Frontier." DiligenceVault's other partners include Goldman Sachs Asset Management, the Universities Superannuation Scheme and Wells Fargo.