Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 821 - 830 of 4737 results for "Distribution"

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... last five years in circumstances where a policy needs to be reissued. The conditional relief pertains to Design and Distribution Obligations for financial products issued before 5 October 2021 (when the DDO came into effect), except where the policy ...

BT's Advance AM hit with stop orders

JAMIE WILLIAMSON  |  FRIDAY, 17 MAR 2023
BT Financial Group has been forced to suspend distribution of three of its Advance Asset Management funds for having non-compliant, "broadly drafted" target market determinations (TMDs). ASIC issued interim stop orders to BT and Advance Asset Management ...

ASIC issues more interim stop orders

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... decision is made about any final stop orders. To date, ASIC has issued 24 interim stop orders under the design and distribution obligations (DDO), 19 of which have been lifted following actions taken by the entities.

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... van Mannen emphasised the importance of giving companies the freedom to make decisions about capital allocation and distribution, regardless of the timeframe. The proposed changes would limit this freedom and make it more challenging for businesses to ...

US fund manager sets up Sydney shop

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... investor relations. He's been with the firm since November, having joined from Partners Group Australia where he managed distribution of its private markets strategies to private wealth, family office, and wholesale clients. Thomas has also previously ...

Centuria adds to glasshouse portfolio

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
... glasshouse, located in 40km north of Armidale, the asset includes a one-acre nursery, 65 megalitre dam, packing and distribution sheds and cool rooms. "In recent years, the pandemic and other climatic and geopolitical events have highlighted the importance ...

Airlie founder to step down, successor named

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... Fund (AASF), on the ASX. Magellan simultaneously acquired US manager Frontier Partners Group, its North American distribution partner since 2011, managing institutional clients. Total consideration for both acquisitions came to $19 million in cash and ...

Challenger launches $250m unsecured note offer

ANDREW MCKEAN  |  TUESDAY, 7 MAR 2023
... and offer investors the opportunity to earn floating-rate, quarterly, discretionary, non-cumulative payments. The distribution payments are expected to be fully franked, and the margin is expected to range between 3.60% - 3.80% per annum. Challenger ...

PGIM hires new Australia, NZ head for IRG

CHLOE WALKER  |  MONDAY, 6 MAR 2023
... served as Capital Group's country head of Australia. Prior to Capital Group, Brewer spent 14 years as country head of distribution for Australia and New Zealand at T. Rowe Price, and close to five years as head of distribution for Australia at Schroders ...

AIA adds four regional managers

JAMIE WILLIAMSON  |  THURSDAY, 2 MAR 2023
AIA is growing its retail distribution capabilities, adding four regional managers to the business to better support financial advisers. Following the appointment of Craig Parker as general manager, retail distribution, AIA has reformed its managerial ...