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Showing 761 - 770 of 16657 results for "The Australian"

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... would, if entered into by Insignia Financial, be subject to the approval of the Foreign Investment Review Board and the Australian Prudential Regulation Authority." The proposal is subject to several conditions, including satisfactory completion of due ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The seasonally adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the ...

Super moves: Future Fund, Aware Super

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... Infrastructure Holdings execution associate Kate Hundleby has Aware Super as an investment analyst. Hundleby worked for the Australian arm of the London-based infrastructure group. Before that, she spent three years at JP Morgan as a markets business ...

Wellington client exec departs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... decades. Charles Davies has retired from the $1.2 trillion investment manager where he was a relationship manager in the Australian client group. Davies will be replaced by Ronan King who currently works in the Singapore office as a regional business ...

MLC Life and Resolution Life Australasia to merge

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... Nippon Life president Hiroshi Shimizu said the deal aligns with the company's intentions to continue to grow in the Australian life insurance industry and emphasised the merger's benefits for Australian consumers. "This merger demonstrates our ...

Perpetual-KKR deal hits tax bill snag

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
The Australian Taxation Office (ATO) is threatening to impose a massive tax bill on KKR's takeover of Perpetual's wealth management and corporate trust businesses, which has ballooned to more than $500 million. Perpetual said it has "strong ...

Insignia taps SS&C, outsources 1000 workers

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... great opportunity to be part of a large global enterprise with ambitions to be a leading super administrator in the Australian market, and the career growth and development opportunities that come with that." SS&C chair and chief executive Bill Stone ...

AFCA completes independent review of operations

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
The Australian Financial Complaints Authority (AFCA) has announced the completion of a three-year program responding to the 2021 Independent Review of its operations. AFCA said the work had redefined its approach to external dispute resolution. The ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established the FSCP within the Australian Securities and Investments Commission (ASIC) as the single disciplinary body for financial advisers from 1 January 2022. ASIC ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
... has signed a deal with $86 billion Boston-based small caps specialist GW&K and will distribute its products to the Australian retail market. The firm discussed the Partners Series at its annual general meeting in November, saying it would also include ...