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

Search Results

Showing 371 - 380 of 2699 results for "Agreement"

Corporate fund inks deal with Link

ANDREW MCKEAN  |  THURSDAY, 24 AUG 2023
... would deliver better experience and support for its members. "I am really excited to announce that we've entered into an agreement to transition our member and administration services to Link Group," he said. "This is an exciting initiative for members ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... part of its strategy to bolster its underperforming life insurance business, AMP Life executed a binding quote share agreement with Munich Re. The deal saw Munich Re reinsure half of AMP Life's retail portfolio's $750 million of annual premium income. ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... former Federal Court judge Peter Jacobson. This was their second attempt at mediation, but they were unable to reach an agreement until AMP announced on a settlement this morning. Komlotex represented shareholders who owned AMP between 10 May 2012 and ...

ASIC appeal in CBA, CFS case dismissed

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... up over 390,000 people to CFS's Essential Super between July 2013 and June 2019 in branches and online. Under an agreement, CBA was entitled to 30% of the total net revenue derived by CFS from the product every financial year. In total, this amounted ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
... new entity providing back-office services to their financial advice networks. Madison signed a non-binding Heads of Agreement with PDG, an advisory representative board for Godfrey Pembroke advisers. Under the agreement, they will launch a new entity ...

AMP North partners with Sandstone Insights

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
... Insights to provide advisers with access to the latest equity research and analysis through the platform. AMP said the agreement is the first of its kind in the Australian platform market and reflects North's ongoing commitment to supporting advisers ...

First Sentier appoints head of institutional distribution

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
... partnership aimed to expand First Sentier's investment portfolio by incorporating alternative credit capabilities. Under the agreement, the senior team of AlbaCore maintained minority ownership in the company. They continue to operate autonomously, and ...

Link Group to cop $418m loss

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... $417.7 million loss for FY23, largely the result of its issues in the UK. In April, Link Group reached a conditional agreement with the UK regulator, the Financial Conduct Authority, to settle its investigation into Link Fund Solutions following the ...

AZ NGA acquires stake in Sydney advice firm

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
AZ NGA has acquired an economic interest of 42% in Foster Raffan iPlan, to support the business in its growth and expansion endeavours. Based in North Sydney, Foster Raffan iPlan specialises in wealth management and retirement planning and is led by ...

KKR real estate arm reports $30m loss

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... liquidity position, including $207.7 million of cash and $560 million of undrawn capacity on the corporate revolving credit agreement. It funded $177.2 million for loans closed in previous quarters and received loan repayments of $339.3 million, making ...