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Showing 41 - 50 of 3029 results for "L1 Group"

MUFG to acquire GROW Inc

ELIZA BAVIN  |  FRIDAY, 28 AUG 2026
MUFG Pension & Market Services (MPMS), a member of MUFG, a global financial group, announced it has entered into a binding scheme implementation deed to acquire GROW Technology Services (GROW Inc). The acquisition is subject to conditions, including ...

Capital Group makes C-suite appointment

ELIZA BAVIN  |  FRIDAY, 28 AUG 2026
Capital Group has named a new chief information officer to be based in California and set to take on the role in November. Guillermo Veiga will take on the role, succeeding Marta Zarraga, who will retire at the end of the year. Veiga will relocate to ...

FEATURE | Group insurance | Dusk to dawn

KARREN VERGARA  |  FRIDAY, 28 AUG 2026
Australia is in the grips of an unprecedented mental health crisis. It joins a league of other, what anthropologist Joseph Henrich coins as "Western, Educated, Industrialised, Rich and Democratic" or "WEIRD" countries, grappling with the perfect storm ...

Perpetual weighed down by wealth management business

MATTHEW WAI  |  THURSDAY, 27 AUG 2026
Perpetual Group recorded "stable" revenue of $1.4 billion in FY26, as growth was affected by lower asset and wealth management revenue. Operating revenue of $1.4 billion was stable year-on-year, with revenue growth reflected by its corporate trust division ...

MFG profit falls 47% as Barrenjoey lifts combined earnings

VINNY VUCAGO  |  THURSDAY, 27 AUG 2026
Magellan Financial Group's (MFG) statutory net profit has fallen 47% to $88 million in FY26, despite stronger earnings from Barrenjoey helping lift the combined group's operating profit. MFG reported a 9% decline in operating profit after tax ...

Sequoia gives InterPrac sale a second shot

ELIZA BAVIN  |  THURSDAY, 27 AUG 2026
Sequoia Financial Group said it has appointed an independent advisor to undertake a sale process of InterPrac Financial Planning. Sequoia did not name which company it has been engaging with for the potential sale. "This process is at an early stage ...

Bathla collapse rattles private credit

RIDDHIMA TALWANI  |  WEDNESDAY, 26 AUG 2026
Property developer Bathla Group went into voluntary administration yesterday, raising fears that investors will pull back from private credit funds exposed to the sector. In response, MA Financial has introduced a temporary monthly redemption limit ...

AIA Australia rejigs retail team, appoints new lead

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
AIA Australia's restructure of its retail business will see two senior leaders depart while a new chief retail insurance officer has been appointed to take charge of the next phase of growth. Chief retail insurance and advice officer Pina Sciarrone ...

AWAG's profit takes hit from geopolitics in FY26

MATTHEW WAI  |  TUESDAY, 25 AUG 2026
The Australian Wealth Advisors Group (AWAG) has reported a net profit after tax (NPAT) of $689,166 in the financial year ending June 30, down by some $360,000 compared to FY25. Revenue was also down 1.9% to $11.2 million, as AWAG explained the results ...

Trusts, foundations deploy $100m in catalytic capital: Report

KARREN VERGARA  |  MONDAY, 24 AUG 2026
A new report reveals Australian trusts and foundations have deployed $100 million into higher-risk, impact-focused investments over the past three years, signalling promising demand for catalytic capital despite the market remaining in its early stages. ...