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Showing 11 - 20 of 57 results for "Australian Executor Trustees"

Chalmers gives Equity Trustees green light on AET

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
... waiting, Equity Trustees has received ministerial approval to officially acquire Insignia Financial's Australian Executor Trustees (AET). Approval by treasurer Jim Chalmers was a condition precedent to completion of the $135 million acquisition, which ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... one, funds by one, platforms to one to two and products to 20. As recently announced the sale of its Australian Executor Trustees (AET) business to EQT Holdings Limited (Equity Trustees) was executed for $135 million, with completion expected by end ...

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
Equity Trustees has announced it will acquire Insignia Financial's Australian Executor Trustees (AET) for $135 million. Following last week's market speculation, a statement said the acquisition will deliver significant growth for EQT, adding ...

Insignia Financial responds to EQT speculation

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
... to media speculation that it's in discussions with Equity Trustees (EQT) over the sale of its Australian Executor Trustees (AET) business. In a statement to the ASX, Insignia confirmed discussions are underway but wouldn't name names. That said ...

IOOF moves forward with rebrand

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... brands Bridges, Shadforth, TenFifty, Lonsdale, RI Advice, Millennium3, Consultum, Godfrey Pembroke, Australian Executor Trustees, Intermede Investment Partners, Fairview Equity Partners, Presima Inc, Orchard Street Investment Management and Antares will ...

MSC Group hires exec director, eyes Sydney

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... Trustees. He spent 15 years at Perpetual and has worked on other corporate trustee businesses including Australian Executor Trustees and Guardian Trust Australia. "Our trustee board and staff will benefit immensely from [Joseph's] vast experience across ...

IOOF licensees to take remedial action

JAMIE WILLIAMSON  |  MONDAY, 26 APR 2021
... in what has been a long line of issues for IOOF and its subsidiaries. Earlier this year subsidiary Australian Executor Trustees lost its appeal against a 2019 Supreme Court decision in the S.E.A.S. Sapfor Forests case. In February ASIC was ordered into ...

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... IOOF is set to pay tens of millions in compensation after losing an appeal involving its subsidiary Australian Executor Trustees (SA) Limited. The Court of Appeal dismissed AET's appeal against a decision made by the Supreme Court of New South Wales ...

MSC Trustees wins mandate

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
... security capital structure, first listed in 2005. In taking on the mandate, MSC Trustees replaces Australian Executor Trustees. MSC Trustees took over the note/debenture book of Sandhurst Trustees, then owned by Bendigo and Adelaide Bank, in 2016. It ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... were confirmed as the new owners of Sargon's operating entities (Diversa, CCSL, Tidswell and the Australian Executor Trustees entities that it bought from IOOF) on May 5. The company hasn't officially revealed the purchase price but Sargon's ...