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| | | ... allegedly recommended his clients set up self-managed superannuation funds (SMSFs) and invest most of their retirement savings into the funds. ASIC said Rankin failed to act in the best interests of his clients in doing so, as both funds were speculative ... |
| | | | ... and the abrdn Multi-Asset Real Return Fund has the least at $29.17 million. In winding up, investors looking to re-invest into other Aberdeen products will need to submit the relevant application form by no later than 2pm on September 15, Aberdeen said. ... |
| | | | ... FY25 results. This comes as Chris Maher has been named chief executive, taking over from Damon Reid who has transitioned into the role of chief operating officer to "focus on operational execution and delivery" across the Australian portfolio. Maher ... |
| | | | ... the noise around the Fed independence, around the fiscal position and what I mentioned on growth? "How does that all play into long bonds? Not favourably. And so, I would say our bias is pretty much avoidant of long duration, US Treasuries, and even ... |
| | | | ... around 74% of the combined entity, with existing Platinum shareholders retaining around 26%. "The merger injects new life into Platinum (ASX: PTM), helping to arrest the organic decline of its business by merging with another asset manager that has better-performing ... |
| | | | ... executive Dean Davenport said: "Growth in the recurring revenue divisions remains strong and is set to continue as we transform into a more diversified wealth management business with multiple, scalable revenue streams. The goal is to create a stronger ... |
| | | | ... measurable value for Iress' clients, people and shareholders. "I look forward to working with the team to turn that potential into results." The appointment follows Iress recently making the role of deputy chief executive redundant amid takeover talks ... |
| | | | ... increase from FY24. It had additional operating expenses of between $25 million and $35 million resulting from ASIC's inquiry into the exchange announced in June, increasing its total expenses growth guidance for FY26 to between 14% and 19% compared ... |
| | | | ... under 40 will not experience any change to how they are invested, those aged 40-49 will pay lower fees when they are moved into the Growth option, and members aged 50-59 and 60+ will move into higher-cost options with more growth exposure and higher ... |
| | | | Mercer Super allegedly failed to report seven investigations it undertook into serious member services failures, including one into premiums charged to dead members being refunded incorrectly. Lodged with the Federal Court today, the proceedings allege ... |
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