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Showing 41 - 50 of 3446 results for "Stake"

Brookfield sells minority La Trobe stake for $3bn

ELIZA BAVIN  |  FRIDAY, 17 APR 2026
Brookfield's private equity business has sold its significant minority stake in La Trobe Financial to Asia-focused private equity investment manager Axight for $3 billion. Brookfield owned La Trobe Financial since May 2022 and will remain the majority ...

HESTA taps ESSSuper head as next chief executive

RIDDHIMA TALWANI  |  WEDNESDAY, 15 APR 2026
HESTA has appointed Robbie Campo as its new chief executive, set to take the reins from the outgoing Debby Blakey in August. Campo has served as chief executive of ESSSuper for around four years. Prior to that she led Cbus' brand, engagement, advocacy ...

AZ NGA acquires Tasmanian advice firm

RIDDHIMA TALWANI  |  TUESDAY, 14 APR 2026
... people, including the two advisers, AZ NGA said the firm has a deeply loyal client base. AZ NGA already holds a minority stake in FWA, acquired through its 2024 acquisition of AMP's equity portfolio. AZ NGA chief growth officer Chesne Stafford said ...

CFS awards $370m mandate

KARREN VERGARA  |  TUESDAY, 14 APR 2026
... officer Jonathan Armitage. Morrison is the manager of Utilities Trust of Australia (UTA ), which acquired an additional 60% stake from Ontario Teachers' Pension Plan to take full ownership of Sydney Desalination Plant, last December. UTA and Ontario ...

Strengthen Life Code for mental health crisis, claims handling: Review

KARREN VERGARA  |  MONDAY, 13 APR 2026
The Life Insurance Code of Practice should be strengthened to reflect the growing mental health crisis, better support vulnerable customers and improve the claims-handling process. These are the key themes that emerged in the newly published Life Insurance ...

Blackstone acquires stake in Quinbrook's data centre development arm

RIDDHIMA TALWANI  |  FRIDAY, 10 APR 2026
Blackstone will acquire a significant minority stake in Rowan Digital Infrastructure, a Quinbrook founded platform delivering customised hyperscale data centres built for the energy transition. Quinbrook is a Queensland-based specialist investment manager ...

New AMP boss outlines vision amid drooping share price

KARREN VERGARA  |  FRIDAY, 10 APR 2026
New AMP chief executive Blair Vernon has sought to allay shareholders' fears about the wealth firm's deteriorating share price, saying external factors do not reflect strong financial performance and fundamentals. At his first annual general ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
Treasury is proposing a barrage of reforms that will curb dubious lead generator and superannuation switching activities and make platforms more accountable for the products they offer members. The Enhancing member protections in the superannuation ...

Treasury opens CSLR funding, sustainability consultation

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... First Guardian master fund collapses that impacted 11,000 super members and put more than $1 billion of their savings at stake. Running in parallel are the enhancing member protections in the superannuation system consumers and lead generation consultations. ...

Adviser exam pass rate exceeds 70% for the first time in 12 months

MATTHEW WAI  |  TUESDAY, 7 APR 2026
The pass rate has surpassed 70% for the first time in a year. In the March exam cycle, 292 sat the exam and 209, or 71.6%, passed the exam. Some 227 (77.7%) sat the exam for the first time. Unsuccessful candidates will receive general feedback on areas ...