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| | | The Federal Court found AMP guilty of charging deceased customers life insurance premiums and advice fees, ordering it to pay $24 million in penalties. Justice Hespe today determined that four AMP subsidiaries - AMP Life, AMP Financial Planning, AMP ... |
| | | | Teaminvest Private Group (TIP) has announced its plan to acquire financial advice firm Enva Group for up to $2.5 million. It explained the boutique financial adviser has approximately $400 million of funds under advice (FUA) and will add strategic value ... |
| | | | Murray Brewer has been appointed head of PGIM's institutional relationship group for Australia and New Zealand. Based in Sydney and reporting to head of IRG Asia Pacific (ex-Japan) Philip Hsin, Brewer will be responsible for leading the firm's growth ... |
| | | | At the annual Association of Superannuation Funds of Australia conference, financial services regulators detailed their top priorities, including cybersecurity threats and fraud in the super industry. At the ASFA conference, financial services regulators ... |
| | | | The global active investment manager has overhauled its executive team and appointed new leaders to roles that will assume the management responsibilities of chairman and chief executive. Investment veterans, chief executive Tim Armour and vice-chair ... |
| | | | MaxCap Group has offloaded more than 12 hectares in Sydney's inner west to Brookfield. The Villawood site was the fifth asset acquired by the MaxCap Industrial Opportunity Fund (MIOF), which purchased it in May 2021. It has since received planning permit ... |
| | | | James Giarratano has been appointed to the role of senior director, head of institutional sales, taking the place of Murrough O'Brien, who has been promoted to APAC head of sales, BIDS trading. Giarratano brings almost 20 years of algorithmic and ... |
| | | | Having completed the $600 million mandate it committed to in 2019, Dutch pension fund manager APG Investments has now expanded its agreement with MaxCap Group. Three years ago, APG invested $300 million with MaxCap for Australian commercial real estate ... |
| | | | The wealth and investment banking division of ASX-listed Teaminvest Private Group (TIP), TIP Wealth, has announced the launch of its first UK fund. The new fund, the TIP Group Sterling Debt Fund, is managed by TIP Group subsidiary TIP UK and operated ... |
| | | | Teaminvest Private Group (TIP) has named Rachel Swift as chief strategy officer. Swift will split her time between Adelaide and Sydney, leading the wealth division's corporate advisory practice, effective immediately. She is a senior advisor, executive ... |
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