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Showing 1111 - 1120 of 3752 results for "Acquisition"

Goodments by Douugh now in Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... WAMTech PitchFest. Douugh acquired Goodments in January of this year, at which time it had about 13,000 users. Upon the acquisition, Culver became head of Douugh wealth. Launching the app in Australia is a transitional step before the Douugh banking ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
The state of Maine has become the first in the United States to pass legislation forcing its pension fund to divest fossil fuels. Last week, Maine passed bill LD99; an act to require the state to divest itself of assets invested in the fossil fuel industry. ...

Licensee to acquire Sentry Group

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
... two-times recurring (net) dealer group revenue, presenting significant accretive value to WTL," WTL said. The Sentry acquisition is expected to help push revenues to over $70 million in FY22, while net profit after tax is slated to be more than $2 million. ...

FinClear to acquire BNY subsidiary

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... platform services. FinClear said it is too early in the process to comment on how staff members will be impacted by the acquisition. As the integration progresses there will be more clarity on the shape of the combined business, it said, adding that ...

Centuria launches unlisted fund

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... fund managers in Australasia with about $10 billion of assets across its unlisted platform. Primewest accepted the acquisition offer on June 4 that will see the co-founders of Primewest hold a 53% stake in the newly merged company.

Interprac grows advice network

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... told Financial Standard that the two practices used Interprac Financial Planning for their licensee services and the acquisition will see parent company Sequoia Financial Group own 100% of each firm. Butler said the move expands on Sequoia's strategy ...

Metrics adds three investment directors

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... Hurwitz and are joining Metrics as investment directors. Both are former members of the Investec Australia Corporate and Acquisition Finance (CAF) team, which Metrics acquired in March. Hurwitz spent 11 years at the Investec CAF team. Before this, he ...

New chief operating officer at Zurich

KARREN VERGARA  |  WEDNESDAY, 9 JUN 2021
... years with ANZ, finally as its managing director of insurance before taking on the lead operations role following the acquisition by Zurich. He previously held senior roles at ING Australia, TOWER, MetLife and AMP. SGLA chief executive Dion Russell commented ...

Premiums to increase at ESSSuper

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... Colonial Mutual Life Assurance Society, formerly known as CommInsure, as its group insurer until 30 June 2023. AIA's acquisition of CommInsure was approved by the Federal Court on 1 April 2021. A spokesperson for AIA said: "Premiums for death and ...

Madison appoints general manager

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
... is a well-respected leader and a natural choice for the role." Donat led Madison for about three years prior to the acquisition. "The integration of Madison into Clime has been highly successful and enhanced our ability to support our adviser community," ...