Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 6174 results for "Sale"

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
A review by ASIC has found evidence of poor oversight of advice fee deductions by superannuation trustees, with some allowing charges of up to $20,000 before raising concerns and some not conducting any checks of advice documents at all. ASIC is calling ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... will receive and the extent of separation and stranded costs. Citi also noted that the long-established brand is part of the sale to KKR, which means the remaining asset management business will need to change brands, most likely by 31 December 2025. ...

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... pending shareholder approval. The deal will see the departure of Perpetual chief executive Rob Adams. The net proceeds from the sale, after accounting for the repayment of Perpetual's debt and other transaction-related costs, will be distributed ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
Financial advisers, licensees, and superannuation trustees are facing the ire of ASIC after an investigation found they are profiting from boiler room tactics that convince members to switch funds. An overwhelming number of members are goaded into leaving ...

Count renews Iress contract

KARREN VERGARA  |  MONDAY, 6 MAY 2024
Count has renewed its contract with Iress to continue to provide software to its 550 financial adviser network. Count's financial advisers will continue to use Iress' Xplan, saying that it wanted to partner with the right provider to support ...

Charles River appoints new head of APAC

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
Charles River Development (CRD) has appointed Vinayak Bhat as senior vice president, head of Asia Pacific (APAC), where he will be responsible for all business oversight within the region and collaboration with State Street Alpha. Charles River, provider ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... exclusions will be expanded to include companies that derive 10% or more of their total revenues from mining thermal coal or the sale of it to third parties. Speaking to Financial Standard, ART said the super fund was committed to achieving a net zero ...

Franklin Templeton to build advanced financial AI platform

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
Franklin Templeton announced it is working with Microsoft to build an advanced financial AI platform. The global investment manager said the partnership marked a significant step toward transforming the financial services industry. The platform will ...

Future Fund deputy CIO jumps to Blue Owl

ELIZABETH FRY  |  FRIDAY, 26 APR 2024
... platforms. "We are the preeminent manager in that space, having done about 70% of the transactions, and the largest player in the sale-leaseback transactions space. "This is not straight vanilla private equity, not core real estate investing," he concluded. ...

Finalists named in annual MAX Awards

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
The finalists for Financial Standard 's annual MAX Awards have been decided, including for the inaugural Rising Star of the Year award. The MAX (Marketing, Advertisting and Sales Excellence) Awards recognise individuals and teams excelling in the fields ...
PREVIOUS
NEXT