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Showing 311 - 320 of 1151 results for "A3 Group"

S&P DJI rebalances S&P/ASX Indices

ALLY SELBY  |  FRIDAY, 4 SEP 2020
S&P Dow Jones Indices has announced its quarterly rebalance of ASX indices, effective at the open of trade on September 21. The quarterly rebalance will see two new additions to the S&P/ASX 20 Index; those being Coles Group and Fortescue Metals. The ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its ...

ASIC winds up illegal land banking scheme

ALLY SELBY  |  MONDAY, 17 AUG 2020
... $3,257,479.43 and $63,559.97 to the liquidator, with the remaining $9.75 million due to be paid by 16 October 2021. Previously, a group of approximately 60 investors applied to adjourn ASIC's hearing, however, the corporate watchdog claimed "that application ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Virgin will cut 3000 jobs, discontinue budget airline Tigerair, suspend long-haul international flights and simplify its fleet, as Bain Capital begins to restructure its new aviation group. The restructure reckoning focuses on six key areas; overhauling ...

Westpac announces appointment, departure

ALLY SELBY  |  TUESDAY, 28 JUL 2020
Westpac has announced a new chief operating officer will join its ranks, while a group executive will leave the bank early next year. Scott Collary has nabbed the role and will lead Westpac's newly created group operating office, as the bank brings ...

AustralianSuper partners with greenhouse gas giants

ALLY SELBY  |  MONDAY, 27 JUL 2020
Australia's largest superannuation fund has partnered with the country's major greenhouse gas emitters in a new initiative which will see them work towards a decarbonised future. AustralianSuper, joined by NAB and Schneider Electric, has partnered ...

US pension funds form trading alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
... securities trading would supplement traditional banking trade opportunities for pension funds. "Over time, we came together as a group of like-minded peers and recognised that there was a need for more information and support related to securities lending ...

Multi-boutique adds to US team

KANIKA SOOD  |  MONDAY, 13 JUL 2020
A local multi-boutique has appointed a managing director for Americas, in a newly-created role focussed on expanding its distribution in the region. Jeff Chapman - owned Bennelong Funds Management has appointed Daniel Allen as the managing director ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... the Australian Taxation Office (ATO), into a large-scale and organised tax fraud conspiracy. The investigation revealed a group of people that used payroll services companies to divert pay-as-you-go withholding tax and goods and services tax owed to ...

Sequoia acquires advice firm

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
Sequoia Financial Group has entered into a purchase of assets agreement with financial advice firm Total Cover Australia, through the company's subsidiary InterPrac Securities. It is the fourth acquisition of a retiring InterPrac adviser's portfolio ...