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Showing 301 - 310 of 1664 results for "Origin"

Challenger to sell $3.4bn real estate arm

CASSANDRA BALDINI  |  THURSDAY, 6 APR 2023
The investment manager will sell its Australian real estate business (CRE) to Elanor Investors Group for $42 million, with the two also establishing a partnership. Challenger's real estate funds management business has about $3.4 billion in assets across ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
The four-day workweek wave has hit Australian shores and its many advocates believe it can play a major role in closing the gender pay gap in retirement. This month, Labor and Greens senators backed a recommendation by the Senate work and care committee ...

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
ASIC is providing life insurers a conditional relief that will last five years in circumstances where a policy needs to be reissued. The conditional relief pertains to Design and Distribution Obligations for financial products issued before 5 October ...

AMP, Dexus reach final sale agreement

CHLOE WALKER  |  MONDAY, 20 MAR 2023
The long-awaited transfer of the AMP real estate and domestic infrastructure equity business to Dexus Funds Management has begun, with the first-stage completion of the sale expected to occur this week. First completion is expected on Friday, at which ...

Aware Super restructures investment team

ELIZABETH FRY  |  FRIDAY, 17 MAR 2023
Aware Super restructured its investment team in support of its growth strategy, naming three new asset class leads in the process. The super fund joins the likes of AustralianSuper and Australian Retirement Trust in reshaping its investment team as ...

Barings takes over Gryphon Capital

CHLOE WALKER  |  THURSDAY, 16 MAR 2023
The multi-billion-dollar global investment firm has agreed to acquire 100% of Sydney-based Gryphon Capital Partners (Gryphon), the parent company of wholly owned Gryphon Capital Investments (GCI). The deal aims to further accelerate Barings' entry ...

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
The Quality of Advice Review's final report (QAR) does not "trash" or go against the Future of Financial Advice (FoFA) reforms, says Association of Financial Advisers (AFA) chief executive Philip Anderson. Labeling QAR "the most important review of ...

Unlicensed investor pleads guilty to fraud charges

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
Former Orb Global Investments chief executive Akhilesh Kamkolkar has pleaded guilty to charges relating to $1 million of investor money he spent for himself. A further two offences of carrying on a financial services business without a licence will ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
Financial advisers and non-relevant providers should share the load when it comes to giving simpler financial advice, Michelle Levy maintains. As previously flagged in the draft proposals, Levy has suggested the Corporations Act be amended to provide ...

Link scores admin, technology mandate

KARREN VERGARA  |  WEDNESDAY, 8 FEB 2023
A global bank's retirement and pensions unit has awarded an administration and digital solutions mandate to Link Group as the latter expands its footprint in the region. HSBC appointed Link's Retirement & Superannuation Solutions (RSS) business to oversee ...