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Showing 281 - 290 of 2932 results for "April 2014"

AMP confirms sale talks with Dexus

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
In response to unremitted market speculation, AMP has confirmed that it held discussions with multiple parties, including real estate investment trust Dexus. In an update to investors, AMP said the discussions regarded the potential sale of the assets ...

ASIC suspends Dixon Advisory AFSL

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
ASIC has suspended the Australian financial services licence of embattled Dixon Advisory & Superannuation Services. The regulator's move follows the appointment of Stephen Graham Longley and Craig David Crosbie as joint administrators to Dixon Advisory ...

Mayfair sues Mission Beach lender

ELIZABETH MCARTHUR  |  THURSDAY, 14 APR 2022
Mayfair 101 and its founder James Mawhinney are now suing the financier that allowed the company to purchase property in Mission Beach. Mayfair 101 obtained bridging finance, to purchase the Mission Beach property, from Napla between late 2019 and early ...

ASIC imposes travel restraint orders against ex-director

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
ASIC has obtained interim travel restrain orders against Mark Francis McCabe, a former director of Guevara Capital Access and Online Trading Capital. ASIC applied for these orders because it is concerned that from 31 July 2014 and ongoing, McCabe may ...

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
Assistant treasurer Michael Sukkar has welcomed the ATO's recent draft guidance on family trusts, noting that they are a legitimate and important way for families, particularly those running small businesses, to manage their financial affairs. This ...

Pendal rejects Perpetual bid

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The Pendal board has determined the recent takeover offer from Perpetual is not in the best interests of shareholders. The conditional, non-binding indicative offer from Perpetual to acquire 100% of the shares in Pendal by way of a scheme of arrangement ...

Cbus, Media Super merger complete

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
Cbus Super and Media Super have merged, following a Successor Fund Transfer on April 9. The merger brings Cbus funds under management to $75 billion, managed on behalf of nearly 850,000 members. Cbus chief executive Justin Arter welcomed new Media Super ...

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
Mayfair 101 founder James Mawhinney has launched an appeal against his 20-year ban from financial services. Mawhinney is also appealing a $30 million penalty handed down in the Federal Court to Mayfair 101 for misleading advertising. "The events of ...

Yarra Capital Management hunts distribution lead

JAMIE WILLIAMSON  |  MONDAY, 11 APR 2022
Yarra Capital Management is recruiting for a new head of distribution after Rob Bluzmanis took on a global leadership role with Nikko Asset Management. Bluzmanis was recently named chief executive of Nikko's European business and regional head of ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
BT Funds Management has been handed a $20 million fine by the Federal Court for continuing to charge commission payments to superannuation members for seven years after they were banned. BT Funds Management charged insurance premiums that included commissions ...