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Showing 971 - 980 of 4604 results for "RAISE"

Woman allegedly left out of will because she was born by artificial insemination

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
One of Australia's richest families is locked in a legal dispute over their father's will, which left out a child conceived by artificial insemination. The case raises the question - are children born by sperm donors or artificial insemination ...

Cashwerkz appoints chair for Fund Income

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
Cashwerkz has appointed a chair for its Fund Income business, as its first pick of Fortlake Asset Management hits $300 million in assets. Peter Coad will be a non-executive chair for Fund Income in addition to the previously-announced risk committee ...

Xinja ceases banking

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
The prudential regulator has confirmed it will be monitoring the return of deposits by Xinja Bank as it ceases to operate as an authorised deposit-taking institution (ADI). Xinja made the decision to withdraw its transaction and savings account products ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... post-acquisition and still face competition from AMP and smaller firms. "Despite the profile and size of this transaction, it does not raise concerns under section 50 of the Competition and Consumer Act largely due to the fragmented nature of most of ...

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
ASIC has published a new report, aiming to determine whether consumers are receiving value for money in default insurance in superannuation. Report 675 Default insurance in superannuation: Member value for money explores metrics that ASIC said can help ...

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 ...

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... place," Mayfair 1010 managing director James Mawhinney said. "If ASIC had written to us, telephoned us, or visited us to raise their concerns we would have made the adjustments they sought, just like the other investment managers have had the opportunity ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
The European Central Bank (ECB) didn't disappoint financial markets expecting more goodies in their Christmas stockings. While it kept the price of credit unchanged - repo rate at 0%, marginal lending rate at 0.25% and deposit facility rate at -0.5% ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... in significant change in the sector as mining companies start to not enforce gag orders, allowing traditional owners to raise heritage concerns.

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
New regulation that requires financial advisers to disclose conflicts of interest and stamp out fees-for-no service have been tabled in parliament. The Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 aims to strengthen many ...