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

Search Results

Showing 2371 - 2380 of 6679 results for "Sale"

AZ NGA acquires Wealthmed Australia

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
... planning business specialising in wealth management for doctors and other medical specialists. The firm signed a binding sale and purchase agreement to acquire the entire capital of Wealthmed Australia, including a share swap of 49% of Wealthmed's equity ...

AMP and Challenger ink annuities deal

ALEX BURKE  |  TUESDAY, 5 SEP 2017
Challenger annuities will now be available through AMP's adviser portal, marking one of the more historic partnerships since Challenger swapped its financial planning business for AXA's annuities portfolio in 2008. Financial advisers will now be able ...

MainstreamBPO given green light for offshore acquisition

ALEX BURKE  |  MONDAY, 4 SEP 2017
... acquire an international fund administrator for US$5 million. As previously flagged in May, MainstreamBPO entered into a sale agreement to purchase Trinity Fund Administration operations in both Dublin and the Cayman Islands. With approvals received ...

Bennelong creates NSW distribution role

JAMIE WILLIAMSON  |  FRIDAY, 1 SEP 2017
Bennelong Funds Management recruited a Betashares account manager for a newly created distribution role. Taking on the new position of director - wholesale sales NSW, David Whitby will provide additional support to high-net-worth and independent advisory ...

Experienced executives chasing fintechs, start-ups

DARREN SNYDER  |  THURSDAY, 31 AUG 2017
One of the biggest challenges facing financial services employers is the ability to motivate and retain key talent, meaning development and progression planning programs must become more structured. This is the view of digital, sales and marketing recruitment ...

Robo-adviser scores investment banking partnership

ALEX BURKE  |  WEDNESDAY, 30 AUG 2017
A provider of digital advice has secured a partnership to roll out its flagship service to an Australian investment bank. Ignition Wealth will now provide digital advice to clients of APP Securities, the brokerage and investment banking firm formed ...

Improved distribution strengthens ClearView result

DARREN SNYDER  |  FRIDAY, 25 AUG 2017
ClearView leveraged its life insurance business and financial adviser relationships to expand its wealth management division in FY17, recording a 17% increase in funds under management. The wealth division now has $2.5 billion FUM with double-digit ...

Trustee Partners names Australian GM

ALEX BURKE  |  THURSDAY, 24 AUG 2017
Following an executive search, Sargon Capital consulting group Trustee Partners has named a financial services industry veteran as the general manager for its Australian business. Andrew Peterson takes on the role having previously been managing director ...

Freedom Insurance flags acquisition

KARREN VERGARA  |  THURSDAY, 24 AUG 2017
On the back of reporting strong FY17 results, Freedom Insurance Group announced it is looking to strengthen its position in the life insurance market by expanding into new products and potential acquisitions. The life insurance products developer and ...

Annuity sales soar as deferred products loom

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2017
The increasing need for financial advisers to develop income layering strategies for clients has helped drive Colonial First State's lifetime annuity sales up by more than 80% in the last 12 months. Now with $850 million in annuities under administration ...