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Showing 1951 - 1960 of 6679 results for "Sale"

OneVue offloads trustee business

KARREN VERGARA  |  THURSDAY, 20 DEC 2018
... completion and a contingent $8 million payable in 12 months. The transaction is due to finalise in early in 2019. OneVue said the sale completes its divestment program that was focused on the platform services and fund services operations, comprising ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
Need a Royal Commission refresh? Here are the top stories you needed to know in 2018. Meller leaves AMP After a difficult appearance at the Royal Commission's hearings into financial advice, AMP's outgoing chief executive made a swift exit ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... Commission appearance, AMP eventually decided to divest its life insurance and wealth protection business, in a $3.3 billion sale that attracted the ire of shareholders. The ASX was forced to intervene, and ruled the under-fire wealth manager did not ...

Link hires former State Street MD

DARREN SNYDER  |  MONDAY, 17 DEC 2018
Link Fund Solutions has welcomed its new head of relationship management and sales. Rebecca Edwards joined recently and will be responsible for continuing and building on the division's strong record of delivering industry-leading client service. ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
The employment contract of Freedom's new chief executive includes a $200,000 pay increase if he can secure the firm a life insurance licence. Former TAL general manager Sean Williamson began his tenure as chief executive of Freedom on 14 December. ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
A former Liberal Party leader has joined the board of a $250 million Islamic superannuation fund. John Hewson will join the board of Crescent Wealth as it prepares for significant growth in 2019. Hewson led the Liberal Party from 1990 to 1994. Hewson ...

CBA stashes cash for compliance

DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
... Home Loan Protection insurance. Finally CBA will put $55 million towards transaction and separation costs in relation to the sale of CommInsure Life, largely due to its revised completion date. "This is in addition to the $194 million transaction and ...

FIIG turns to institutional market

HARRISON WORLEY  |  WEDNESDAY, 12 DEC 2018
FIIG Securities has made a series of appointments over 2018 to assist its growth in the institutional fixed income market. FIIG, which has $8 billion in securities under advice, officially announced the appointments of three directors and an associate ...

Super funds defend $5bn infrastructure investment

DARREN SNYDER  |  TUESDAY, 11 DEC 2018
A consortium including several of Australia's largest superannuation funds will contest allegations from the ACCC that a 2013 purchase of two New South Wales ports breached competition law. The Australian Competition and Consumer Commission (ACCC) has ...

IOOF future uncertain: Morningstar

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
The planned sale of ANZ Wealth to IOOF is under threat as a result of the uncompromising action of APRA. As such, Morningstar has placed the stock IOOF Holdings under review. Morningstar described the action brought against IOOF by APRA as a major hit ...