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Showing 421 - 430 of 7571 results for "Deal"

Saxo Australia to rebrand after global takeover

MATTHEW WAI  |  TUESDAY, 11 FEB 2025
... Johannesburg-based DMA will assume 80.1% ownership of Saxo Australia, while Saxo Bank will retain the remaining equity stake under the deal. The business has confirmed it will also retain Saxo Australia's staff, led by chief executive Adam Smith. DMA ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... transitioning from a regular income to relying on super savings raises new questions and concerns - particularly as they deal with daily cost-of-living pressures and rising medical expenses," Blakey said. "We're focused on helping members with this shift ...

Independent financial planning boutique opens in Brisbane

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... trusts or a self-managed super fund, or not," she told Financial Standard. "The business owners don't always have a great deal of experience with superannuation before engaging me. They just tend to have a bit of complexity and need someone to help ...

MLC Life recruits merger specialist

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... announcement that Nippon Life Insurance - MLC's parent company - will acquire 100% of Resolution Life Australia. The $12 billion deal - the largest ever foreign acquisition by a Japanese insurer- should be finalised in the second half of this year. ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... the superannuation advocacy body. "It's clear that there are problems across a range of funds, particularly in how they deal with claims at key points in people's lives - when they're claiming a disability benefit or a death benefit. People ...

One more vote needed for $3m super tax

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
Despite being dropped from the Senate program today, the Better Targeted Superannuation Concessions Bill could soon be a reality, with the government needing to secure just one more supporter. The Bill was supposed to be debated in the Senate today ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
... executive David Neal said. The investment from Nest follows IFM Investors merging with Industry Super Property Trust. The deal was done in August 2024 after around a year of negotiations but was not publicly announced until its approval by shareholders ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... sovereign wealth fund. "... we're going to be doing something, perhaps with TikTok, and perhaps not, if we make the right deal we'll do it, otherwise, we won't. But I have the right to do that," Trump said. "We might put that [TikTok] in the ...

LGT Capital Partners brings $1.6bn PE strategy to Australia

MATTHEW WAI  |  TUESDAY, 4 FEB 2025
... 850 underlying portfolio companies and benefits from over 800 private equity sponsors around the world to access "strong deal flow". Of the $1.6 billion raised across the world, LGT Capital Partners said an Australia institutional investor has contributed ...

Perennial appoints co-head of private investments

ELIZA BAVIN  |  TUESDAY, 4 FEB 2025
... across private markets and investment banking brings valuable depth to our team," Lyons said. "His proven track record in deal execution and portfolio management will enhance our capabilities in sourcing new opportunities, supporting existing portfolio ...