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

Search Results

Showing 1271 - 1280 of 7583 results for "Deal"

Maple-Brown Abbott adds distribution role

CHLOE WALKER  |  MONDAY, 29 NOV 2021
Maple-Brown Abbott has appointed Vijay Srinivasan to the newly created role of national key account manager. Srinivasan's role was created to help drive the distribution strategy with financial advisers, dealer groups, platforms and key accounts for ...

Pinnacle seeds Canadian boutique

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... In Australia, Cambridge forged a partnership with GSFM to distribute the Cambridge Global Smaller Companies Fund. In the deal, Pinnacle will provide distribution and infrastructure services as it cements its presence in North America. It will have a ...

AFCA must improve transparency: Hume

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
A review of the Australian Financial Complaints Authority found that it needs to be more transparent when dealing with complainants and providing the reasoning behind its decisions. Senator Jane Hume's final report made 14 recommendations, all of which ...

ACCC not opposed to NAB, Citi deal

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
The ACCC will not oppose the acquisition of Citigroup's Australian consumer business (Citi) by NAB after a review found the transaction would not substantially lessen competition. The review focused on competition in the supply of credit cards, as Citi ...

Pinnacle acquires private equity firm stake

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... management, in a bid to increase its exposure to private capital markets. Pinnacle expects to outlay $105 million for the deal via an institutional placement. It will seed $65m plus an additional $10m contingent on a successful second fund raising for ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
Trading platform Stake - which has a DIY super offering - has called out some of the largest super funds, saying they are failing to roll over members to its SMSF offering in the required three days. Since October 1, APRA regulated super funds have ...

Treasurer announces FIRB, RBA appointments

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... appointment of Ms Kay continues the high level of skills and experience on the Foreign Investment Review Board that is required to deal with the increasingly complex foreign investment proposals it examines," Treasurer Josh Frydenberg said. Meanwhile ...

More mergers, minimal awareness: KPMG

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
While there was more merger activity in the 12 months to October than any previous year, about 80% of members in merged superannuation funds weren't even aware their fund had merged. According to KPMG's Superannuation Transformation & Consolidation ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... breaches of the Superannuation Industry (Supervision) Act 1993 (SIS Act). According to documents, the CEU does not intend to deal with issues that are currently the matter of Federal Court Action, such as the continued charging of insurance premiums ...

Unlisted unit trust conversions boost ETP sector

KARREN VERGARA  |  MONDAY, 15 NOV 2021
... redeemed once a day based on net asset value. The buyer or seller does not know the price of the transaction until after the deal is done. ETPs on the other hand, can be traded at different prices throughout the trading day. Magellan was the first fund ...