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Showing 1021 - 1030 of 3463 results for "Stake"

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
Trading platform Stake - which has a DIY super offering - has called out some of the largest super funds, saying they are failing to roll over members to its SMSF offering in the required three days. Since October 1, APRA regulated super funds have ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
The Australian Prudential Regulation Authority (APRA) has issued a discussion paper seeking information from superannuation trustees on their plans to maintain the financial resilience needed to protect members' best financial interests. APRA's prudential ...

Easton to rebrand, seeks to scale

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... operational efficiency and client engagement, including using HUB24's technology and solutions. HUB24 recently acquired a 31.5% stake in Easton. It has a technology partnership and distribution agreement with Easton whereby HUBconnect Insight will be ...

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
ASIC is proposing to overhaul superannuation calculators and retirement estimates so that the tools complement the upcoming Retirement Income Covenant. Seeking industry feedback until 28 January 2022, the corporate regulator launched a consultation ...

Multi-boutique appoints head of private wealth

ANNABELLE DICKSON  |  TUESDAY, 16 NOV 2021
... strength, with an excellent long-term performance track record, more than tripling in size since Warakirri acquired its equity stake in the firm in the middle of last year."

Cannon-Brookes takes stake in Rabbitohs

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
Atlassian co-founder and billionaire Mike Cannon-Brookes has purchased a stake in NRL club South Sydney Rabbitohs, after recently becoming a minority owner of the Utah Jazz basketball team. Cannon-Brookes will own one third of Blackcourt League Investment's ...

Irongate dismisses 360 Capital bid

KARREN VERGARA  |  FRIDAY, 12 NOV 2021
... appropriately consider a proposal that is consistent with this objective," IAP said. 360 Capital (TGP) currently has a 20% stake in IAP. The latter's portfolio has $1.43 billion in assets under management. Half-year 2022 results show that net tangible ...

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
The superannuation portfolio holdings disclosure legislation has been finalised, with the government delivering a significant victory to super funds when it comes to unlisted assets and derivatives. Released yesterday, the final legislation shows a ...

U Ethical names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 11 NOV 2021
U Ethical Investors has appointed a new chief investment officer, promoting from within. Jon Fernie has been tapped to take over from James Cook, as the latter looks to retire at the end of the year after five years in the role. Announcing his intentions ...

Kelly+Partners to acquire firm

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
... a tuck-in acquisition of a financial services group on the NSW Central Coast. A Kelly+Partners subsidiary acquired a 51% stake in the group which includes private wealth management, life insurance broking, finance broking and accounting and tax. Kelly+Partners ...