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Showing 1001 - 1010 of 3078 results for "Corporation"

Macquarie suit to lead Challenger joint venture

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... Ares Australia Management was set up in October last year as a joint venture between $213 billion Ares Management Corporation and Challenger's multi-boutique business Fidante Partners. The two, this morning, named Teiki Benveniste as the head of ...

AustralianSuper, QIC back investment manager

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2020
Representatives of AustralianSuper and QIC are set to join the board of a US investment manager following significant investments by both parties. Generate Capital, an investment and operating platform for distributed sustainable infrastructure, has ...

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
CPA Australia is campaigning government for a state funded review into the regulatory frameworks overseeing financial advice, which it believes alienate consumers and small business from the sector. In its pre-budget submission the peak body for certified ...

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
The Federal Court has ordered AMP to pay $5.175 million for failing to ensure its financial advisers complied with the best interests duty by engaging in insurance churn. In a case brought in June 2018, ASIC alleged that a number of AMP Financial Planning ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
... (taken over by AP Eagers), DuluxGroup (taken over by Nippon Paint) and Incitec Pivot, and sold holdings in Milton Corporation and Nufarm. These sales and takeovers brought in $65 million for the investment company. Argo issued a cautionary yet optimistic ...

Adamantem acquires ASX-listed company

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
Adamantem Capital has announced the acquisition of 100% of shares in Legend Corporation by way of a Scheme of Arrangement. The proposed acquisition is Adamantem's second public-to-private transaction and will be the fund's sixth investment in its portfolio ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
New draft legislation aims to increase obligations around charging ongoing fees for financial advice and outlaw advice fees charged by superannuation funds. On Friday, the government released consultation draft legislation to implement 22 recommendations ...

Latest FASEA exam results in

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
Almost 3000 financial advisers across Australia have just received their results for the final Financial Adviser Standards and Ethics Authority exam for 2019. Over 86% of the 2981 advisers who sat the exam have passed. The exam was held in eight metropolitan ...

VFMC hires investment stewardship lead

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
The Victorian Funds Management Corporation has confirmed the appointment of a new head of investment stewardship, formerly of UniSuper. Talieh Williams will take on her new role effective February 3. Williams previously work at UniSuper as manager of ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
New technologies such as artificial intelligence, data analytics, blockchain and the internet of things (IoT) are set to radically transform and disrupt markets and economies. That's according to the latest research from KPMG and the Australian National ...