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Showing 21 - 30 of 67 results for "Investment bonds"

Fortnum, PFS launch parent company

KARREN VERGARA  |  MONDAY, 22 APR 2024
... meet the holistic needs of professional advice businesses," he said. Last year, Australian Unity acquired IOOF's investment bonds business for $40 million. It recently acquired home care and home support services provider myHomecare Group (MHC) for $285 ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... due to a combination of $1.7 billion in net outflows and a $1 billion decrease related to the divestment of its investment bonds unit, offset by market performance. The outflows were from existing institutional clients, with $1.2 billion taken from Antares ...

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... departure comes as Insignia seeks to further overhaul its business. In July, the company announced it was selling its investment bonds unit to Australian Unity's Lifeplan Friendly Society. This was soon followed by plans to transform the advice business ...

KeyInvest, Mantis Funds launch investment bond offering

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
The Adelaide-based specialty financial services provider has partnered with Mantis Funds to bring investment bonds to wealth managers, financial advisers and high-net-worth individuals (HNWIs). As part of the deal, Mantis will become the exclusive external ...

Insignia offloads investment bonds unit

KARREN VERGARA  |  MONDAY, 24 JUL 2023
Insignia Financial has divested its investment bonds business for $40 million to Australian Unity in a bid to pay off debt. Australian Unity's subsidiary Lifeplan Friendly Society will take over Insignia's investment bond business, which operates ...

Global X debuts US corporate bond ETF

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... Investment Grade Corporate Hedged to AUD Index. The ETF provides investors with access to US investment grade investment bonds, with maturities of at least three years, and a minimum issuance of $750 million per bond and $2 billion per issuer. Global ...

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
As the government plans to tighten rules around high superannuation balances, investment bonds offer a secure, tax-efficient alternative. The government has proposed doubling the concessional tax rate for super balances over $3 million from 15% to 30%. ...

New adviser, intermediary solutions lead at Russell

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
... Gowings, Centrepoint Alliance and AMP. Such roles included distribution and marketing lead, general manager of investment bonds and leading wholesale funds management efforts. Last year, the fund manager won a $285 million mandate split across three ...

Platinum launches investment bond

KANIKA SOOD  |  TUESDAY, 1 JUN 2021
... are set at 1.35% per year, of which 30bps is administration fees and 1.05% is the investment management fees. Investment bonds are tax-paid structures, where the bond issuer pays the 30% company tax rate to the ATO, thereby freeing the bond holder of ...

Generation Life awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 5 MAY 2021
Generation Life has awarded technology firm FRS a mandate to provide pricing and reporting for its investment bonds. Financial Risk Solutions (FRS) will provide an investment administration solution for its new investment-linked lifetime annuity and ...