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Showing 1361 - 1370 of 11931 results for "BAC"

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
Integrity Life will not take on any new retail advised business, saying the decline in risk advisers has forced a strategic pivot. Integrity Group, the parent company of Integrity Life, said it undertook a review of the business' strategy, considering ...

LGT seals abrdn wealth business deal

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
Six months after the sale was announced, LGT has officially taken on abrdn's discretionary funds management business in the UK and Jersey in exchange for about $275 million. Under the deal, originally reached in February, LGT Wealth Management has absorbed ...

Ironbark launches global infrastructure fund

CHLOE WALKER  |  MONDAY, 4 SEP 2023
Ironbark EagleCrest Infrastructure is an open-ended, mid-market focused private markets solution and has already received backing from private wealth firms. Ironbark EagleCrest Infrastructure feeds into the offshore Eaglecrest Infrastructure Fund that ...

Complii grows through MIntegrity acquisition

CASSANDRA BALDINI  |  MONDAY, 4 SEP 2023
Complii Fintech Solutions has entered into a binding acquisition agreement to purchase MIntegrity, a compliance and consulting firm. The acquisition entails a total consideration of $300,000 and the issuance of 130,000,000 fully paid ordinary shares ...

Sequoia liquidates Libertas Financial Planning

KARREN VERGARA  |  FRIDAY, 1 SEP 2023
Libertas Financial Planning is in the process of liquidation, a decision made by parent company Sequoia Financial Group four years after it was acquired. Libertas' operations and customers will transfer to Interprac Financial Planning and Sequoia ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
Inflation in Australia has slowed to its lowest level in a year and a half, encouraging thoughts that the Reserve Bank of Australia (RBA) tightening cycle has peaked. The Australian Bureau of Statistics (ABS) revealed the consumer price index (CPI) ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
The Reserve Bank of Australia is assessing how the economic effects of climate change may affect monetary policy, including the merits of flexible inflation targeting. Speaking at the Sir Leslie Melville Lecture in Canberra, future governor Michele ...

Midwinter partners for paraplanning solution

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
Midwinter Financial Services (Midwinter) will work with Scale Up Paraplanning, TNW Solutions, and Rocket Services to create an integrated paraplanning solution for advisers. Launched off the back of a successful pilot phase, the Paraplanning Partners ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
A panel discussion at the AIST Superannuation Investment Conference (ASI) delved into the performance of private credit markets and highlighted nascent investment opportunities. QIC head of multi-sector private debt Phil Miall, IFM Investors executive ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
Citi is closing its staff superannuation fund and ceasing all defined benefit funding, saying it's no longer feasible to continue operating. Employees were recently advised the company had given notice to the trustee that it has decided to terminate ...