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

Search Results

Showing 1071 - 1080 of 10364 results for "Trust"

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
HUB24 expects its $121 billion in funds under administration (FUA) to surge even further as it takes on ClearView's superannuation and pension business, WealthFoundations. WealthFoundations will bring $1.3 billion in FUA via a successor fund transfer ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... Shopping Centre Fund both outperformed their benchmarks across all time periods, while the Dexus Diversified Infrastructure Trust outperformed tis benchmark over the past 12 months. "Barring unforeseen circumstances, for the 12 months ending 30 June ...

Future Generation appoints chief investment officer

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... companies Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG), as well as the newly launched unlisted trust Future Generation Women - which the company said is a fund "advancing economic equality and opportunity for women and ...

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
The Future Fund and Infratil will up their stakes in a local data centre services provider as the Commonwealth Superannuation Corporation (CSC) sheds some of its holdings. CSC has agreed to offload 12.04% of the ordinary shares it holds in Canberra ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... from the Australian Custodial Services Association (ACSA) shows in the six months to December end, State Street, Northern Trust, BNP Paribas, Clearstream, Netwealth, and HSBC all saw their total assets under custody grow by more than 10%. State Street's ...

Perpetual receives fresh KKR bid

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
Perpetual confirmed it has received a fresh bid from KKR for the acquisition of its wealth management and corporate trustees businesses, after the deal sat on the backburner for two months. Perpetual said it was considering the revised offer, but did ...

Super's operational infrastructure 'not quite right'

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... industry collaboration, particularly in areas where issues are industry-wide, and to guard against loss of confidence and trust.

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... attempt to destroy the super system" that Australians value. ACTU assistant secretary Joseph Mitchel said most Australians trust their retirement savings to the super funds with worker representatives on their board. "Outlawing that option is insulting ...

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
Australian Retirement Trust (ART) has signed a Successor Fund Transfer Deed (SFT) with Qantas Super to progress its merger, scheduled to complete on 29 March 2025. ART chief executive David Anderson said the merger completion will deliver benefits to ...

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... promoting the need for financial advice throughout life, the paper said. "Australians are still seeking a human face they can trust when accessing advice. Consumers want a relationship much like one with the family doctor; they want someone they can ...