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Showing 741 - 750 of 2711 results for "Agreement"

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... Paragem. HUB24 today said following its previously announced partnership with IOOF, the two have entered a binding head of agreement to develop solutions including an investment and superannuation wrap platform using HUB24's custody, administration ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
David Orford's Optimum Pensions has signed a five-year exclusive agreement with Generation Life to bring its retirement income product to the market. Generation Life will manufacture, administer, market and distribute an investment-linked pension ...

Group insurance using shoddy data: Rice Warner

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
The poor quality of group insurance data is conducive to administrative blunders that are notoriously difficult to rectify, according to Rice Warner. Superannuation funds and their life insurance partners are falling short of improving data collection ...

Fund manager charged with defrauding investors

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
A fund manager has been charged with misappropriating over US$7 million from retail investors who he had duped into believing he was an experienced and successful investment manager. The Securities and Exchange Commission in the US charged Eric Malley ...

Sydney boutique hires former Franklin PM

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... investment officer Tom King said. Franklin Resources (the parent company for Franklin Templeton) in February 2020 entered an agreement to acquire Legg Mason for $6.7 billion. The acquisition was completed in August 2020, with local team changing by November ...

AMP adviser numbers shrivel

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
The number of financial advisers licensed by AMP dropped dramatically in 2020, with the institution no longer the largest AFSL in the country by number of advisers. The largest AFSL is now the SMSF Adviser Network which had 839 advisers as at 31 December ...

AMG Super rebrands divisions to cut costs

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... It has about 15,000 members now, after consolidation of lower-balance accounts. The fund currently has a three-year agreement with its group insurer Hannover Life Re, which will continue to insure its members before its planned pull back from the superannuation ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... could have more upside than suggested by the company this morning. Challenger and MyLife MyFinance have entered into an agreement with an expected settlement date of March 2021. The transaction needs approval from the Federal Treasurer and Australian ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... finalise as early as 1 July 2021. The board of the two Queensland-based superannuation funds have signed a binding heads of agreement following a two-and-a-half month due diligence process. Work is underway on implementing the merger, the two funds said ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... home finance product aimed at 700,000 Muslim Australians. DomaCom and Crescent Group have entered exclusive heads of agreement with a target launch period set for the third quarter of 2021. "[The two firms] have been working on a model which enables ...