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Showing 311 - 320 of 7571 results for "Deal"

Link Wealth acquires boutique advice firm

ANDREW MCKEAN  |  FRIDAY, 6 JUN 2025
Link Wealth's national expansion is continuing to progress, acquiring financial advice firm Xponential Advisory a few months after taking a majority stake in Sky Advisers. The acquisition will see the integration of more than 185 client families across ...

Super moves: TCorp, ESSSuper, Funds SA, Team Super

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
TCorp has promoted Tim Dai to manager of infrastructure, real assets and private markets investments. Dai previously served as a senior associate advising the New South Wales government on complex commercial transactions, leveraging his analytical skills ...

Private credit market has lenders sweating

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
... sector's growth. "While concern is elevating around the lack of compliance and regulation in the non-bank lending space, we do deal with many established and sophisticated counterparts in the non-bank space," he said. Morningstar also noted that the ...

Global stock markets rally, but Trump's next post could flip the script

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
... 90-day pause with China," he said. "That reduced tariffs on both sides by more than 100% with a view to a more meaningful deal in the next few months. That was followed by a similar pause with Europe." The market, he added, was also encouraged by a more ...

ASIC alleges Choosi flogged Hannover life insurance products

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
ASIC has taken Choosi to the Federal Court for allegedly failing to provide a range of comparable options on life and funeral insurance policies to customers and instead flogging products solely from Hannover Life Re. From at least 1 July 2019 and to ...

ASIC blasts managed funds' poor compliance plans

KARREN VERGARA  |  MONDAY, 2 JUN 2025
... that most plans did not address the obligation to periodically report IDR data to ASIC, as about 40% of the plans did not deal with the DDO requirements at all. The regulator also found shortcomings of the audit process. While compliance plan audits ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... tarred by delays, miscommunication, and inconsistent decision-making in claims. Inadequate resourcing and staff levels to deal with the volume of claims received in the industry, especially following natural disasters when claim volumes increase, has ...

Macquarie snaps up Brazil toll road system

MATTHEW WAI  |  FRIDAY, 30 MAY 2025
... operational transformation, local community partnership and value-creation have been fundamental to this journey," Zogbi said. The deal is set to finalise later this year, subject to the customary closing conditions.

ASIC sues former director of crypto platform owing nearly $60m

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
Following the collapse of the cryptocurrency platform in 2019, former Blockchain Global director Liang Guo, also known as Allan Guo, is being sued by ASIC over multiple breaches of directors' duties. Guo was restrained from leaving the country following ...

Escala poised to overhaul strategy

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
... operational efficiency. It is understood that Escala and Focus are working through their management agreement and sorting how to deal with equity holders as they move to full ownership. However, Escala's vice-chair Chris Selby has denied any June ...