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Showing 901 - 910 of 3551 results for "October 17"

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 ...

Design, distribution obligations guide released

KARREN VERGARA  |  FRIDAY, 11 DEC 2020
The regulatory guide on product design and distribution obligations for the financial services industry has been released. ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain appropriate financial products by ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
The Victorian Supreme Court on Tuesday decided in favour of the $83 billion industry fund after a union asked the court to decide on its rights in nominating a director for the UniSuper board. The Community and Public Sector Union (CPSU) on September ...

Super satisfaction bounces back

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Member satisfaction with superannuation funds has increased across all sectors for the first time since the pandemic, new research shows. Roy Morgan's latest Superannuation Satisfaction Report reveals overall superannuation satisfaction increased 0.6% ...

Link unsatisfied with new offer, allows due diligence

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Link Group has responded to the recent takeover proposal from SS&C Technology Holdings, saying it inappropriately values the company but will allow the commencement of due diligence with the hopes of a better offer. As announced on Monday, SS&C Technology ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
"The circulation of confidence is better than the circulation of money." - James Madison We, Australians all, are in a good place for not only do we have more money thanks to the Reserve Bank of Australia (RBA) and the Morrison government's largesse ...

Insurer names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
A longstanding MLC Life executive has been appointed to lead Integrity Life, following the retirement of Chris Powell in March. Integrity Life has named Sean McCormack as its new chief executive, just months after he was promoted to the role of chief ...

ASIC defers portfolio holdings disclosure deadline

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
ASIC has given superannuation funds another year to disclose their portfolio holdings. The regulator has extended the relief, which defers the first reporting day to 31 December 2021. The relief was set to expire on 31 December 2020, requiring trustees ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AustralianSuper's attempt to takeover a New Zealand infrastructure and renewable energy company for $5.1 billion has been rejected. The New Zealand stock exchange-listed Infratil (IFT) this morning rejected the bid, saying that the proposals are ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
... September. Updated monthly data indicate continued improvement with household spending rising by 1.9% in the year to October - the first positive annual growth rate since September 2019. This is in line with the 6.4%year-on-year growth in retail sales ...