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Showing 931 - 940 of 6175 results for "Statement"

Blackstone buys GIC's stake in logistics trust for $2.1bn

CHLOE WALKER  |  MONDAY, 13 DEC 2021
... weighted to traditional logistics facilities, a key pillar of growth for the e-commerce sector, Dexus said in a separate statement. The deal will also help Blackstone gain a foothold in Australia's online shopping market as e-commerce penetration ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... arrangements with Temple Global no break fees were involved because he didn't believe it was fair. PM Capital said in a statement: "PM Capital disagrees with the findings made by the Takeovers Panel today, in particular the notion of association ...

ESSSuper chief executive joins MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... protection to millions of Australians, and I'm excited for the opportunity to grow our presence in the market." In a statement, ESSSuper president Joan Fitzpatrick said Puli will be missed. "We are deeply grateful to Mark for his exceptional leadership ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
Almost half of all superannuation products have seen their fees cut in the last 12 months while 5% of products' fees dropped more than once. Recent analysis of 463 superannuation fund product disclosure statements by Rainmaker Information found ...

Financial Advice Hub goes live

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
The one-stop shop for regulatory information for financial advisers launched on December 7. ASIC unveiled the new webpage following feedback from the industry that its resources were hard to find. The hub now consolidates ASIC's existing regulatory ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
superannuation members. Avanteos pleaded guilty to 18 criminal charges relating to failures to update defective disclosure statements and continuing to charge fees to deceased super fund members. At the time of the offending, Avanteos was a subsidiary ...

New boutique at Pendal

JAMIE WILLIAMSON  |  MONDAY, 6 DEC 2021
... now head of alternative duration, a newly formed boutique looking after the Pendal High Alpha Fixed Income Fund. In a statement to Financial Standard, Pendal Australia chief executive Richard Brandweiner said: "Vimal Gor has been an innovator in the ...

Government fails to prioritise $450 threshold

ELIZABETH MCARTHUR  |  FRIDAY, 3 DEC 2021
... financial security Jane Hume introduced the bill in October, saying it was a key commitment in the Women's Budget Statement. The omnibus bill in which the legislation is outlined was up for debate yesterday but ultimately left hanging. Women are ...

ASIC sets out limited advice expectations

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... information sheet INFO 267: Tips for giving limited advice provides tips. It also released an example limited advice Statement of Advice advisers can use as a template. ASIC tells advisers to "use your professional judgement when identifying the subject ...

FPA overcharges members

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... charged a higher fee for a small number of members who upgraded their membership. FPA chair Marisa Broome wrote in a statement last week that the association "will be proactively contacting the impacted individuals to arrange reimbursement". The association ...