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Showing 781 - 790 of 6679 results for "Sale"

ACCC blitzes social media influencers

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
The Australian Competition and Consumer Commission (ACCC) has targeted social media influencers who use misleading testimonials and endorsements. The ACCC said it's "sweeping" more than 100 social media influencers from over 150 consumer tip-offs for ...

Spirit Super appoints chief risk officer

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
The super fund has welcomed Will Sadler to the role, joining from Australian Retirement Trust (ART). Sadler will report directly into Spirit Super chief executive Jason Murray. He brings almost 20 years of experience and is a chartered accountant with ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... payments of $706 million, and net outflows of $267 million. As previously announced on 30 November 2022, Insignia completed the sale of AET to Equity Trustees. The proceeds of $130 million, after costs, have been used to reduce debt. As part of the transaction ...

JANA management buys out Insignia stake

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... interest owned by Insignia Financial following its acquisition of MLC. JANA and Insignia have entered into a binding share sale agreement for the former's management team to buy the 45% stake which MLC Wealth had owned since 2017 when JANA's ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
In an ASX announcement, Generation Development Group (GDG) has reported negative quarterly gross inflows, down 38% on the period prior. GDG's net inflows were $59 million in the December quarter. The business also had $114 million sales inflows. GDG ...

Paraplanners happy to stay put: Survey

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
According to the Paraplanner Hub and Tanngo's Australian Paraplanner Survey 2022, less and less paraplanners (80%) are wanting to become financial advisers. Paraplanners don't want to move into advising because they don't want to be in client ...

Natixis APAC lead takes bigger role

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2023
The head of Asia Pacific for Natixis Investment Managers is being promoted to a new position. From March, Fabrice Chemouny will serve as head of international distribution. In this role he will oversee the distribution activities of EMEA, APAC and Latin ...

Apex Group wins fund admin mandate

CASSANDRA BALDINI  |  TUESDAY, 17 JAN 2023
Apex Group has been picked by Capital Prudential to provide fund administration, loan administration and compliance services to one of the non-bank financial institution's offerings. In supporting the Capital Prudential Real Estate Master Trust ...

Talaria appoints chief operating officer

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
Talaria Asset Management has appointed a new chief operating officer to support the growth of the Talaria Global Equity Fund. Liz Ninness joins the business team, based in Melbourne and working on the Talaria Global Equity Fund. Ninness replaced Rhys ...

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
The Consumer Price Index (CPI) rose to 7.3% in the year to November, dragging inflation back up to its 32-year high. In October inflation dipped to 6.9%, showing signs of cooling off, however the elevated rise ahead of market expectation (7.2%) paints ...