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Showing 71 - 80 of 841 results for "Resolution"

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
ASIC is proposing additional relief for financial services businesses, which would scrap the need to report minor or technical breaches that don't result in a financial loss. The relief is intended to ease the compliance load on financial services ...

Execs face shareholder backlash over pay: Georgeson

ROSE MARY PETRASS  |  TUESDAY, 11 FEB 2025
... media coverage, reputational damage, and capital outflows. A strike occurs when 25% or more of votes are cast against a resolution. Out of the 40 strikes that occurred in 2024, 12 firms received a second strike, compared to two the year before. In Australia ...

MLC Life names chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 10 FEB 2025
... our business." He added that's he's delighted to have Ammon join the leadership team ahead of the planned merger with Resolution Life Australia, as announced in December 2024. Upon merging, the combined entity will be known as Acenda. Leading the integration ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
Keybridge Capital has appointed Gideon Rathner from Lowe Lippmann Chartered Accountants as voluntary administrator, with the board blaming its ongoing feud with WAM Active (WAM). The Keybridge board said court orders being sought by WAM prevented Keybridge ...

MLC Life recruits merger specialist

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
MLC Life Insurance has hired an integration specialist to execute its merger with Resolution Life Australasia to create the country's third-largest life insurer. As the general manager of integration, Peter Moutsatsos will lead a dedicated team ...

Resolution Life completes NZ$410m life business transaction

MATTHEW WAI  |  MONDAY, 3 FEB 2025
Resolution Life's trans-Tasman life insurer, Resolution Life Australasia, has completed the acquisition of Asteron Life New Zealand. The takeover, reported last year by Financial Standard, further cements Resolution Life as the second largest life insurer ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
... financial interests. The settlement did not impose a financial penalty on BlackRock or an admission of liability. "This resolution assures that the money Tennesseans invest with BlackRock is managed consistent with the funds' disclosures. While investors ...

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
... which is positive for emerging markets because emerging market debt is priced in US dollars," Mousina said. Lastly, a resolution of major conflicts between Russia and Ukraine, and Israel and Hamas, would be "very welcome". "From a markets point of view ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... noon on Friday. The ASX failed to identify the issue until Sunday afternoon and confirmed that it has "implemented a resolution to restore service." Through a statement, chief information officer Tim Whiteley apologised for the "significant disruption" ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... chief executive Peter Chun touched on how the fund was strengthening its operations following the outage. MLC Life and Resolution Life Australasia to merge (December 11) MLC Life Insurance and Resolution Life Australasia are set to merge, creating one ...