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Showing 1171 - 1180 of 6010 results for "Custom"

Challenger delivers strong result

ELIZABETH MCARTHUR  |  THURSDAY, 17 FEB 2022
Challenger delivered an upbeat half-year result, with assets under management and earnings growth. The company reported group assets under management of $115 billion, up 20%. Life sales were up 44% to $4.9 billion and life book growth was up 8.4% or ...

Bell Financial Group in AUSTRAC probe

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
Three of Bell Financial Group's subsidiaries are under scrutiny by AUSTRAC, with an audit ordered to assess compliance with financial crime laws. AUSTRAC has ordered that an external auditor be appointed to Bell Potter Securities, Bell Potter Capital ...

QIC bolsters real estate business

JAMIE WILLIAMSON  |  WEDNESDAY, 16 FEB 2022
QIC has hired a new head of alternative income for its real estate business, recruiting from Lendlease. Sally Harding joined QIC as head of alternative income, QIC Real Estate at the end of January. She comes from Lendlease where she held the role of ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
Crown has accepted Blackstone's latest takeover bid for the Australian casino giant, totalling $8.9 billion. The US private equity firm is offering $13.10 cash per Crown share, which is around 11% higher than its initial approach for the company ...

NAB tops bad advice compensation bill

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
The National Australia Bank's bad advice compensation bill has hit more than $1.2 billion - the highest liability among the major financial institutions. While NAB Financial Planning and NAB Private Wealth have remediated most of this amount with ...

Managed accounts demand surges: BTFG

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
Financial advisers' appetite for managed accounts solutions boomed in the December 2021 quarter, according to BT Financial Group. BT Panorama's surge in managed accounts funds under management to $10.4 billion, a 68% jump year on year, is testament ...

Rest awards responsible investment mandate

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
... its ESG investing credentials and Parametric as its implementation partner." "This is due to our expertise in providing custom indexing solutions and reducing frictions like transaction costs, taxes, brokerage, foreign exchange costs and unintended exposures ...

Nucleus Wealth adds director

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
Nucleus Wealth chief operating officer Shelley George has been appointed director for the wealth firm. Nucleus Wealth founder and chief investment officer Damien Klassen commented on the new appointment. "Shelley has been with the company for over two ...

Scammers prey on lonely hearts

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
This Valentine's Day, Westpac and the ACCC's Scamwatch is urging people to be aware of love scams. Scamwatch found Australians had lost $56 million to love scams last year. This particular breed of scams appears to be on the rise, with 44% more lost ...

CFS appoints new general manager

ELIZABETH FRY  |  THURSDAY, 10 FEB 2022
Colonial First State has appointed a new general manager to lead its digital and design team. Natalie Gheller joins the $154 billion superannuation and wealth giant from Telstra where she has spent the last nine years in various senior leadership roles ...