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Showing 1331 - 1340 of 7583 results for "Deal"

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
... deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will retain the Media Super brand for the purpose of communicating with members working in print, media, entertainment ...

WTL posts $3.3m loss

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
WT Financial Group (WTL) reported a huge loss in FY21 as a result of its restructuring efforts. While revenue grew 6% to $13.6 million, WTL recorded a $3.3 million loss, down from $594,000 in FY20. This is a result of one-off write-downs and provisions ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... virtually - due to rising Delta variant infections -- instead of the original plan for an in-person tete-a-tete says a great deal about the states of the economy and health the world still finds itself -- much more than digesting, dissecting and analysing ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... "The freeze in the per adviser levy will provide financial advisers with the certainty they need over the next two years to deal with the impacts of COVID-19 and further regulatory reforms making their way through the Parliament, including the introduction ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... investing its MySuper option - which accounts for just 15% of members - in the Hostplus Pooled Superannuation Trust (PST). The deal was widely criticised as many, including several politicians, labelled the move an attempt to avoid merging. "It gives ...

Dealer group awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 AUG 2021
A dealer group has moved a large global equities mandate to a boutique fund manager. Easton Wealth licensee GPS has the global equities mandate for its CARE portfolios to Insync Funds Management. Insync also said it recently secured support from one ...

ClearView offloads advice unit

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
... acquire ClearView subsidiaries ClearView Financial Advice (CFA), Matrix Planning Solutions and LaVista Licensee Solutions. The deal will give ClearView a 25% shareholding in Centrepoint. ClearView will be able to appoint one director to the Centrepoint ...

Pandemic stokes investor appetite

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... activity, as a direct result of COVID-19, across the board. Identifying the factors influencing this, Calastone said that a good deal of the shift in investor behaviour reflects a mix of pent-up demand, growing confidence in the economic outlook and ...

Consultum chief joins new firm

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
The former chief executive of IOOF-aligned Consultum Financial Advisers has found a new role. Joe Botte joined boutique dealer group ASVW Financial Services (ASVWFS) as executive director. "Joe is a very committed and effective executive with an extensive ...

Westpac cops $10.5m fine

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... considered as a whole and in context, there was an implied recommendation in each call and the intention was to "close" the deal while on the phone. In February, the High Court dismissed Westpac's appeal of the Federal Court's 2019 decision. ...