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Showing 861 - 870 of 7577 results for "Deal"

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
JPMorgan's ' The Future of Superannuation ' report highlights how Australia's largest super funds are leveraging their scale to invest offshore and bolster their internal investment capabilities. This strategic shift is particularly ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... interaction is increasingly replaced with machine interaction." Salis noted while the industry has always been well equipped to deal with change, it's happening faster and with higher impact that many may realise. "The older generations are about to ...

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
ASIC is appealing for superannuation trustees to adhere to their legal responsibilities concerning member funds following a review of 12 trustees. A recent review by ASIC revealed that most aren't meeting their legal responsibilities for managing incoming ...

ASIC permanently bans former financial adviser

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
... copy investment instruction documents with Netwealth, which contained forged signatures, purporting to relay instructions to deal with financial products on behalf of clients. Following the charges, Wertheimer pleaded guilty and was convicted and sentenced ...

Australian Unity buys up hospital land

CHLOE WALKER  |  MONDAY, 26 JUN 2023
Australian Unity's Healthcare Property Trust (AUHPT) has purchased a key land holding located in Melton, Victoria for approximately $15 million. The acquisition of 2 Coach Street, Cobblebank is part of a plan to develop the area into a private hospital ...

Equity Trustees reviews UK, Ireland businesses

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... costs and pricing pressures and requiring further investment." Despite reports of Equity Trustees considering a $20 million deal with Apex Fund Services pertaining to its UK businesses, a spokesperson clarified that such discussions aren't currently ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
The long-awaited Compensation Scheme of Last Resort (CSLR) has been enshrined in legislation, with consumer advocates calling it a "historic moment" for Australians. Passing the senate on June 22, the Treasury Laws Amendment (Financial Services Compensation ...

Former Capstone adviser in EU with ASIC

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
A former Capstone Financial Planning adviser is in a court enforceable undertaking with ASIC after he failed to maintain adequate records to show clients were receiving the services they'd paid for. Gregory Blackaby, formerly of Acquire Strategic Advisers ...

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... to take the Reserve Bank forward." Chalmers added the RBA is a "key institution" and makes decisions which matter a great deal to the living standards of the Australian people. "That's why we don't take decisions like this lightly," he stated. ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... these, nine have been sold off. Only Westpac Pacific remains, after an unsuccessful attempt to sell it to Kina Securities; a deal rejected by the Papua New Guinea regulator. Throughout this period, Westpac continued to invest in its platforms, specifically ...