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Showing 891 - 900 of 3550 results for "October 2007"

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
Challenger will spend $35 million to buy Catholic Super's banking business, in a move that Bell Porter says could have more upside than suggested by the company this morning. Challenger and MyLife MyFinance have entered into an agreement with an expected ...

HUB24 finds new role for Paragem lead

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
The current managing director of Paragem will be placed into a new role by HUB24 once the sale of the business is complete. Nathan Jacobsen will take on the new role of managing director of Easton Investments commencing at the completion of the sale ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
AIA Australia is launching a more affordable, simplistic income protection product in early 2021. IP CORE pays a monthly benefit for total or partial disability as a result of injury or sickness that satisfies a material and substantial duties definition. ...

Key AMP executive resigns

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
The head of SuperConcepts and AMP Australia's managing director of superannuation, retirement and platforms is leaving the organisation, parent company AMP has confirmed. Lara Bourguignon is the managing director of superannuation, retirement and ...

Magellan launches funds on Chi-X

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
Magellan Financial Group has launched its MFG Core Series and the Magellan Sustainable Fund on Chi-X. The MFG Core series includes three funds: the MFG Core International Fund, the MFG Core ESG Fund and the MFG Core Infrastructure Fund. Magellan said ...

Regulators alert trustees of new obligations

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
The financial services and superannuation regulators have expressed their expectations to trustees on the new member outcomes, and product design and distribution obligations. In a letter to trustees co-signed by APRA deputy chair Helen Rowell and ASIC ...

Investment scams most profitable

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
Australians falling victim to scams rose around 20% in November, with investment scams taking the most money from consumers at around $9.5 million, according to the ACCC. In November, money lost to all types of scams rose to $18.7 million, up 20.2% ...

Chief economist update: An extra mile for a deal

BENJAMIN ONG  |  MONDAY, 14 DEC 2020
"They say that breaking up is hard to do Now I know I know that it's true..." - Neil Sedaka It's been three-and-a-half years since the UK decided and then filed for divorce from the European Union (EU) and 11 months into the transition period ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
Tony Pitt's 360 Capital is back with a 13% higher offer for Evans and Partners shareholders, after its October 27 bid was rejected. 360 Capital is now offering the remaining shareholders of EPI 69 cents per share, split as 30 cents per EP1 share and ...