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Showing 971 - 980 of 3206 results for "Scheme"

Northern Trust scores win in Vanguard reversal

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... funds that the manager change applies to are the ANZ Wholesale International Credit Fund and the ANZ Default KiwiSaver Scheme Conservative Fund.

Financial crime victims fume at Shipton, Crennan

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
... fraud, while overseas regulators manage to see victims compensated. Telford pointed to the example of Bernie Madoff's Ponzi scheme - victims managed to recover 78% of losses thanks to the actions of US authorities. "That the financial cop on the beat ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... financial advice business. Paying $60 million for Xplore, the platform provider said the proposed acquisition through a scheme of arrangement will be funded by a combination of cash and HUB24 scrip consideration valuing Xplore at a share price of $0.20. ...

Ask and you shall receive

ELIZA BAVIN  |  MONDAY, 26 OCT 2020
... been paid out by funds. The prudential regulator said that as at October 18, 98% of the applications received since the scheme's inception has been paid. The ERS scheme has been under some scrutiny for the lack of oversight in confirming the applicants ...

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
... materially undervalues the business. The consortium, led by the two private equity firms was offering $5.20 per share via a scheme of arrangement. Link said, after receiving the proposal, it held a number of meetings with representatives of the consortium ...

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
... regions, for the economy, for the country. A plan to support the British people." The new "plan" followed his "Plan for Jobs" scheme announced in early July this year, that was itself followed by the "Winter Economic Plan" declared in late September. ...

Alex Waislitz fails to block OneVue acquisition

KANIKA SOOD  |  THURSDAY, 22 OCT 2020
... shareholders, representing a small number of votes abstained. This means at around November 6, after court approval of the scheme, Iress will have bought OneVue for about $115 million in cash in equity value. "We are pleased with the outcome of the OneVue ...

APRA reduces ERS reporting for funds

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... through to 31 January 2021. This means APRA will be putting a greater focus on fraud risk and prevention in the early release scheme. Funds will need to tell the regulator how many total fraud incidents, both internal and external, it has identified ...

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... The pandemic also saw many governments open the floodgates to pension benefits. Australia's early release of super scheme enabled members whose income had dropped by more than 20% to access up to $20,000. India allowed partial withdrawals for COVID-19 ...

Sunsuper cops rating downgrades

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... reassuring that Sunsuper did not run into any problems with demand for liquidity as a result of early release of super scheme. Furthermore, Morningstar noted the industry fund's strong governance and investment expertise capitalises on its inflows ...