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Showing 921 - 930 of 5627 results for "CALL"

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
ANZ has agreed to acquire Suncorp's banking arm for $4.9 billion, calling it a vote of confidence in Queensland's future. To help fund the acquisition, ANZ it is raising $3.5 billion via a fully underwritten pro rata accelerated renounceable entitlement ...

Frontier changes strategy, shakes up team

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
Frontier has made several changes to its investment team, including naming Shahana Mukherjee as its new macro and quant analytics consultant. Frontier has announced what it is calling an evolution of the management of its investment strategy, capital ...

OTC derivatives provider loses licence, executives banned

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... have both been banned for eight years. ASIC reported that Sirius Financial, trading as Trade360, engaged in an off-shore call centre, Toyga Media Ltd (Toyga), to source clients to trade in high-risk contracts-for-difference (CFDs) and margin foreign ...

Uncertain times calls for portfolio dynamism: Insight

CHLOE WALKER  |  THURSDAY, 14 JUL 2022
... expectations, through to macro-economic challenges posed by the Ukraine war, the pandemic, and their global economic consequences, call for innovative solutions. "We seek to deploy a dynamic approach to asset allocation, within a disciplined process ...

Super Fierce super index shows top 15 funds

ANDREW MCKEAN  |  WEDNESDAY, 13 JUL 2022
Super Fierce has released a list of super funds that have passed its tests of consistent outperformance, labelling it the Fierce Performers Index. From an analysis of 2069 investment options across 359 super funds, only 15 funds were found to outperform ...

Global pension fund snaps up telco stake

ANDREW MCKEAN  |  TUESDAY, 12 JUL 2022
The Ontario Teachers' Pension Plan Board will acquire a 70% interest in Spark New Zealand's mobile towers business 'TowerCo' for $1.18 billion. Under the terms of the acquisition, Spark has entered into a 15-year agreement, including ...

Those most in need of advice see least value in it: Research

JAMIE WILLIAMSON  |  TUESDAY, 12 JUL 2022
About 80% of consumers who have never accessed financial advice don't believe there is any value in it, according to a new study from University of South Australia which calls for the introduction of a government-funded rebate for advice. The study ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... understanding of the value of financial advice and a tight view of the application of the Sole Purpose Test." AFA added the call for the banning of life insurance commissions is equally based upon flawed logic and its removal would have a devastating ...

Young Australians more 'super savvy': Equip

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
Young Australians are thinking much more about their financial plans than previously, according to an Equipsuper survey. Almost half of the surveyed young Australians (18-34 years old) saw super as being more important now than since the start of the ...

Ministers told to divest shareholdings

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
Under a new code of conduct introduced by Prime Minister Anthony Albanese, federal ministers must divest any direct investments held outside of a public superannuation fund, listed managed funds and some trust arrangements. The code of conduct for ministers ...