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Showing 91 - 100 of 1132 results for "Parent"

BlackRock takes stake in Generation Life parent company

ANDREW MCKEAN  |  THURSDAY, 8 MAY 2025
BlackRock will acquire a minority stake in Generation Development Group (ASX: GDG), forming a strategic partnership with its retirement income subsidiary Generation Life to "set a new standard for managing longevity and sequencing risk." Joint working ...

CFS allots Martin Currie two mandates

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... comment on the new mandate other than saying it will continue to run its investment philosophy and mandates as is despite parent company Franklin Templeton announcing in January it will fold it into its other brands ClearBridge Investments and Franklin ...

Adviser numbers jump in March quarter: Rainmaker

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... biggest falls in adviser numbers. They each lost 53, 48 and 28 advisers respectively. Last June, Madison Financial's parent company Clime completed its divestment of the advice group to Infocus Wealth Management. At March end, Infocus was the 10 ...

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
The Coalition has confirmed that it plans to make paying superannuation on Commonwealth Paid Parental Leav e (PPL) optional for working mothers, as a $158 million budget saving measure. The Coalition's election costings revealed several cost-saving ...

Future Group confirms more mergers ahead, undertakes review

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
... have built a strong relationship with Acenda and are looking forward to a long-term partnership with both Acenda and their parent company in Japan, Nippon Life," Future Group said. The Smart Future Trust has close to $6 billion in assets. This is currently ...

Challenger posts mixed Q3 FY25 result

MATTHEW WAI  |  THURSDAY, 17 APR 2025
... Challenger's strategic position, unique capabilities and the long-term tailwinds in the Australian retirement market." TAL's parent company Dai-ichi Life Holdings acquired a minority stake of 15.1% in Challenger earlier this month.

ANSC's Australian Food & Agriculture takeover tanks

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... livestock-carrying capacity of about 247,000 for sheep wool, meat, and cattle operations. Bell Group Holdings (BGH), which is the parent company of ASX-listed Bell Financial Group (BFG), Bell Securities, and Bell Asset Management, has about a 66% interest ...

Future Group positions super offerings for growth

JAMIE WILLIAMSON  |  FRIDAY, 11 APR 2025
As part of Future Group's broader plans to scale, Future Super and Verve Super are set to be merged into the Smart Future Trust, giving members of each a completely new menu of investment options for less. From May 23, the Future Super Fund, including ...

Super for housing would benefit 4% of homebuyers: ASFA

MATTHEW WAI  |  TUESDAY, 8 APR 2025
New estimates from the Association of Superannuation Funds of Australia (ASFA) show less than 5% of eligible first homebuyers would actually benefit from an early access scheme. For years now, the Coalition has pushed its 'super for housing' policy ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
MS&AD Insurance Group Holdings has sold its entire 15.1% stake in Challenger to TAL. TAL, together with its parent company Dai-ichi Life Holdings, acquired the minority interest at $8.46 per share - marking a 53% premium to Challenger's closing ...