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| | | ... Investments potentially approaching the company with a change of control transaction. PSP Investments' substantial shareholder notice has advised that PSP Investments does not intend to initiate a control transaction in relation to Inghams," Inghams ... |
| | | | ... governance, effective oversight, clear disclosure and accurate valuations are critical." ASIC recently put the sector on notice, calling on funds to ensure their June 30 asset valuations are current, accurate and grounded in realistic assumptions. "Fund ... |
| | | | ... Superannuation (AMIST), the trustee of Australian Food Super, has agreed to pay the amounts payable. "Payment of an infringement notice is not an admission of guilt or liability," ASIC said. This action forms part of the regulator's duty to hold ... |
| | | | Diversa Trustees' board paid chief executive Andrew Peterson a bonus of $770,000 and increased his salary at the height of the First Guardian collapse, an inquiry heard, doubling down on its confidence in his leadership and suitability to lead the ... |
| | | | ... manager and related entities, holds about 2.68% of PIA's shares. To the Takeovers Panel, Pengana is further claiming the notice of meeting for the July 27 EGM and offer booklet for the buyback are deficient because, among other things, they "do not ... |
| | | | ... customers. McClelland said the sanction reflected the scale and duration of the breaches. "A formal warning puts the insurer on notice that these failures were serious and that stronger enforcement action may follow if further non-compliance occurs," ... |
| | | | ... The trustee has determined this is no longer in the best financial interests of existing members," a significant event notice read. In a statement to Financial Standard, Ozyon said: "Importantly, Mercer also conducted an independent governance review ... |
| | | | ... platform faster and improving overall performance. "We've got some tactical improvements coming that advisers will notice, particularly around the look and feel and the modernisation of the client portal. We're also making technical improvements ... |
| | | | Consider a situation where a financial adviser believes an investment is no longer suitable for their clients. Perhaps a fund manager is underperforming or a stock held directly by clients needs to be sold. In the past, advisers would often have to ... |
| | | | Equity Trustees (EQT) posted substantial growth in profits in the financial year ending June 30, despite sustaining a $7.5 million loss from its super trustee business over the period. EQT Group's net profit after tax (NPAT) was $26.4 million, reflecting ... |
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