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Showing 2801 - 2810 of 20552 results for "BEN"

AMP completes Resolution Life divestment

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group. The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent ...

Wealth industry on the cusp of evolution: Report

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
The wealth industry is on the cusp of evolution, with predictions APAC and North America will drive around 80% of worldwide new wealth creation until 2026. According to a report published by Oliver Wyman and Morgan Stanley, leading firms that are accelerating ...

AMP North caps fees to expand adviser footprint

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
AMP is lowering the maximum administration fees charged for MyNorth Investment and MyNorth Super accounts on its North platform. According to an AMP statement, the new limits on administration fees as part of an effort to push further into the IFA market. ...

ASIC obtains orders to freeze assets

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
ASIC has obtained urgent interim orders from the Federal Court to freeze the assets of Ashley Vincent Arandez and four companies of which he is a director. The regulator sought these orders on an urgent, ex parte, basis because it is concerned Arandez ...

AZ NGA firms merge for growth

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
Henderson Matusch Group and Logiro are set to merge to gain scale and better position them for future acquisitions. The two Brisbane-based firms have announced a non-cash merger to create a multi-disciplinary firm. In total the merged entity will have ...

State Super welcomes new board director

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
State Super has added to its board, appointing a former Commonwealth Bank and Westpac executive. Cathy Yuncken joined the State Super board last month, adding more than 30 years' experience in financial services. She is currently managing director of ...

Centrepoint says Diverger offer overlooks strategic value

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
Diverger's bid for Centrepoint Alliance does not reflect the company's strategic value, the latter's board has determined. Diverger handed Centrepoint a non-binding indicative offer last Thursday, offering about $65 million for 100% of the company's ...

Apex Group wins fund admin mandate

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
Apex Group has announced its appointment by Octopus Investments Australia to service its funds structured around renewables investments. The global financial services provider will deliver Octopus Australia with fund administration, investor onboarding ...

Centuria sets up new agriculture fund

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
Centuria Agriculture Fund (CAF) is an unlisted, open-ended agriculture fund, seeded with a $177 million glasshouse in Warragul, Victoria. Centuria intends to build a portfolio of assets leased to experienced agricultural operators as well as association ...

IFM Investors launches climate transition fund

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
The Australian equities fund aims to help institutional investors reduce carbon emissions exposures while aligning investments to Your Future, Your Super requirements. IFM Investors said it expects the Climate Transition Fund will have broad appeal ...