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Showing 821 - 830 of 2713 results for "Agreement"

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
A new poll has revealed widespread disappointment in AMP's treatment of its aligned financial advisers in renegotiating Buyer of Last Resort (BOLR) agreements. Financial Standard polled roughly 250 people in the financial services industry, asking them ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its strategy to simplify ...

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... apologised on behalf of the bank. "While not deliberate, we fully appreciate the seriousness of the mistakes we made. Our agreement today is a clear acknowledgement of our failures and is an important step towards moving the bank forward," he said. "We ...

ASIC relaxes IPO red tape

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
... arrangements under an IPO so the interests of an issuer, professional underwriters or lead manager arising from the escrow agreement is disregarded for the purposes of the takeover provisions but not the substantial holding provisions. ASIC noted the ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
... reparations would be made," she said. The whistleblower reported she was then given five days by AMP to sign a non-disclosure agreement or else she would lose her job. She said she signed the agreement. "I hoped that by agreeing I would salvage my career ...

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... savings should be invested. New workers who were previously restricted to a super fund as a result of an enterprise agreement for example, now have the opportunity to choose their own superannuation fund. An employee will be able to choose their own ...

Cashwerkz to launch funds incubator

ALLY SELBY  |  TUESDAY, 25 AUG 2020
Cashwerkz has announced it will launch a funds incubator to help establish new entrants into the market. The assistance provided by Cashwerkz via its incubator Fund Income will include appropriate licencing using the responsible entity infrastructure ...

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
HUB24 revealed it signed 105 new licensee agreements during the last financial year, as it reports an underlying NPAT of $10.1 million, up 49% on FY19. It also reported that its revenue had lifted 37% compared to the previous financial year, to hit ...

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
Digital dealtech company thedocyard has entered into a heads of agreement to acquire 100% of tech company Ansarada and has announced a $45 million capital raise to help fund the transaction. Upon completion, the merger will form a leading global software ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... by 36.6% to an average of US$40.27/barrel in the second quarter from US$29.49 a barrel in the previous quarter. The agreement by OPEC+ at the tenth (Extraordinary) OPEC and non-OPEC Ministerial Meeting on 12 April 2020 to adjust downwards overall crude ...