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

Search Results

Showing 141 - 150 of 269 results for "Corporate Trust"

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 ...

Perpetual hires former Macquarie exec

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... global head of enterprise risk. Perpetual has also promoted Richard McCarthy to the group executive of Perpetual Corporate Trust, replacing Chris Green who moved into the chief financial officer role this year. McCarthy started on December 1 and Mosse ...

Perpetual partners with Microsoft

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Perpetual's corporate trust business has launched a data analytics platform for banks and investors to analyse portfolio performance against Australia's $200 billion mortgage market. The Perpetual Business Intelligence Platform includes a newly-launched ...

Qualitas seizes non-bank financing opportunities

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... diversify their portfolios with exposure to real estate loans secured by first or second mortgages. Perpetual Corporate Trust is the responsible entity and custodian of the trust. Qualitas has worked with Perpetual since 2014. Perpetual Corporate Trust ...

SMSFs: Who, what, where, when and how

JAMIE WILLIAMSON  |  MONDAY, 15 OCT 2018
Financial advisers have been provided with a simple checklist to employ when considering recommending a self-managed superannuation fund to clients. Australian Financial Complaints Authority lead ombudsman - superannuation, June Smith reinforced the ...

Sargon grows executive lineup, launches fintech solutions

JAMIE WILLIAMSON  |  TUESDAY, 2 OCT 2018
... executive of New Zealand, while Peterson has been named chief operating officer. Howard was most recently head of corporate trust at Australian Executor Trustees, which was acquired by Sargon from IOOF in September. Peterson's new position is in addition ...

Sargon Capital acquires Decimal

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
... is Sargon's second major acquisition this month and its third this year. Just last week IOOF offloaded it corporate trust business to Sargon, while Sargon also acquired Madison Financial Group in April. Decimal said Sargon's offer is superior ...