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Showing 141 - 150 of 275 results for "Corporate Trust"

Trustee firm adds executive

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
A trustee and fund administration services provider appointed a new senior executive to its trustee business to co-lead its expansion. Glenn White, formerly senior business development manager at Australian Executor Trustees (now Sargon), has joined ...

Whistleblowers given new protection

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
From July 1, whistleblowers who report misconduct about companies and company officers have more rights and stronger protections. The Corporations Act 2001 has been updated to better protect corporate whistleblowers by requiring their confidentiality ...

Perpetual wins trustee mandate

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
An infrastructure fund aiming to invest $500 million over five years has chosen Perpetual Corporate Trust as its custodian and wholesale trustee. Impact Investment Partners' new fund, called the Indigenous Infrastructure Fund (IIF), is a private wholesale ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... billion in FUA for charitable trusts and endowment funds; before-tax profit was 2% lower at $22.6 million. Perpetual Corporate Trust was the only subsidiary to report positive year-on-year growth. Profit before tax was $22.4 million or 13% higher than ...

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Equity Trustees announced it will acquire a superannuation trustee for $6.2 million. Equity Trustees' parent company EQT Holdings has signed an agreement to purchase Zurich Australian Superannuation (ZAS), a subsidiary of Zurich Australia. ZAS has ...

Perpetual thinks outside value investing

KARREN VERGARA  |  THURSDAY, 21 FEB 2019
... billion in FUA for charitable trusts and endowment funds; before-tax profit was 2% lower at $22.6 million. Perpetual Corporate Trust was the only subsidiary to report positive year-on-year growth. Profit before tax was $22.4 million or 13% higher than ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... December 2018, IOOF reported statutory NPAT of $135.4 million, up 200% year on year, boosted by the sale of the corporate trust business ($34m), recovery amounts received from a litigation settlement ($25m) and goodwill impairment of Perennial Investment ...

Federation Asset Management appoints Equity Trustees

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
A recently launched asset manager appointed Equity Trustees as its trustee. Federation Asset Management appointed Equity Trustees as its trustee and responsible entity. The firm, who launched last September, is aiming to lead investment in renewable ...

OneVue offloads trustee business

KARREN VERGARA  |  THURSDAY, 20 DEC 2018
... services business adds to Sargon's acquisition spree of financial advice technology provider Decimal, IOOF's corporate trust business Australian Executor Trustees, and Madison Financial Group in April. Chief executive Phillip Kingston said the ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... framework available to complete the Zurich transaction that does not involve IOOF." Separately, IOOF recently sold its corporate trust business to Sargon Capital. At the time of the sale, Kelaher said corporate trust services sat outside of IOOF's ...