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Showing 151 - 160 of 1150 results for "A3 Group"

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
"AI mania" will over-promise and underdeliver for financial advisers, while superannuation funds are tipped to give digital advice a boost, Finura Group's 2024 predictions reveal. In the latest Australian wealth tech predictions report, Finura highlights ...

Commerzbank acquires Aquila Capital

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2024
Commerzbank is expanding into sustainable asset management, taking a majority stake in Aquila Capital for an undisclosed figure. Commerzbank will acquire 74.9% of the renewable energy-focused manager, while the remaining stake stays with Aquila's parent ...

ME Bank fined $820k for misleading borrowers

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... can face criminal convictions," Mullaly said. Impacted customers have been remediated. ME Bank, which had been owned by a group of industry super funds since 1994, became a subsidiary of Bank of Queensland (BOQ) in 2021.

Mercer Super loses state leaders

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
Mercer Super has confirmed the departure of Victoria state leader Marcus Carr following a restructure. Carr's counterpart in New South Wales and Queensland Nathan Der Stepanian has also left the firm. Carr - who has been with Mercer for over 16 ...

Centrepoint Alliance chair resigns after four months

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
Simon Swanson has resigned as chair of Centrepoint Alliance (Centrepoint) just four months on from his appointment. Swanson's departure as chair is effective immediately, while his departure as a board director takes effect at the end of the month. ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
Mudasir Mohammed Naseeruddin has been sentenced to four years and four months in prison following his guilty plea to charges of dishonest conduct and failure to discharge duties in good faith. Naseeruddin goaded investors to rollover their superannuation ...

Mercer Super investment chief departs

ELIZABETH FRY  |  FRIDAY, 8 DEC 2023
Top Mercer executive Corrin Collocott has quit the firm after just nine months to join an insurer. His sudden departure has left many scratching their heads since Insurance Australia Group has just $12 billion of assets under management. The investment ...

Bravura Solutions executes restructure

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
Restructuring in line with a new global strategy, Bravura Solutions (Bravura) has promoted Paul Dunn and Chris Spencer to regional chief executives. Dunn, who has spent five years at Bravura, will step into the role of APAC chief executive. With more ...

FCA mulls capital requirements for firms giving bad advice

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
... automatic asset retention rules, as would firms that are part of prudentially supervised groups, which assess risk on a group-wide basis. The FCA is actively consulting with industry and consumer groups, following over 250 responses to earlier consultations ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
Members of Commonwealth Bank Group Super (CBA Group Super) have officially transitioned to Australian Retirement Trust (ART), marking the latter's largest corporate merger. The two funds have completed the successor fund transfer, initially agreed ...