Page 22 - Trustee Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Westpac to recover bulk of funds in Sargon collapse Share Westpac will get the lion’s share of leftover money from the sale of a handful of assets which operated under the Sargon umbrella following the collapse of the formerly Phil Kingston-run financial technology business. More than a year after the collapse of Sargon following a loan repayment demand from China state-owned finance company Taiping Trustees, and nearly a year since proceedings got under way in the Federal Court of Australia, Justice Michael O’Bryan ruled Westpac is entitled to 65.5 per cent of retained proceeds from cert...

Kloogh stands in the dock of the Dunedin District Court for sentencing on July 31, 2020. But it has since emerged Kloogh claimed he had invested in Bitcoin, even offering it as a service to some investors. The cryptocurrency, which is not controlled by governments or banks, allows people to use it anonymously – unless they tell others. A source, who had known Kloogh socially for almost two decades, told Stuff that Kloogh was touting Bitcoin as a possible investment vehicle before his High St office in Dunedin was raided. The man, who later did some contract work for the financial advis...

Five ESG questions pension trustees should be asking Stephanie Baxter Trustees are under increasing pressure to give more consideration to ESG factors. Stephanie Baxter looks at the most important questions they should be asking. With so much for trustees to grapple with at the current time, what are the most important questions they should be asking about ESG? 1. Take a step back to review progress and policies Pension trustees should first turn their attention to implementation reporting and check if their investment policies and stewardship arrangements are delivering against their investm...

BK Global just launched a new program giving agents access to over 800,000 homeowners that are hot listing leads. Right now, they are recruiting real estate agents to work with them as affiliates and become part of their real estate network to receive listing leads and receive listing assignments from their clients. So where did they get this massive pool of inventory? BK Global’s program assists homeowners in bankruptcy and works with mortgage servicers to settle their debt. Their program helps homeowners structure a sale with their mortgage servicer to avoid foreclosure and get a “fresh...

Stocks in the news | Bata India, Indraprastha Gas, Titan, Magma Fincorp, Majesco, Mawana Sugars Aurobindo Pharma, Bank of India, Titan Company, Ador Welding, Magma Fincorp, Entertainment Network India, Sadbhav Infrastructure Project, JB Chemicals are also among the stocks in focus today. Here is a list of stocks in the news today. Results today | ITC, Coal India, Power Grid Corporation, ACC, Ashok Leyland, Ashapura Minechem, Atul Auto, Bajaj Hindusthan Sugar, Bayer Cropscience, Bosch, Capacite Infraprojects, CRISIL, General Insurance Corporation of India, Gujarat Pipavav Port, Graphi...