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Showing 71 - 80 of 31781 results for "New"

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... received indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said, subject to final regulatory approvals ...

Non-compete clauses come under the microscope

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Treasury has released a new consultation paper, Non-competes and other restraints: understanding the impacts on jobs, business and productivity, finding that these restrictions could have a "chilling effect" on the workforce. "The impacts of non-compete ...

L1 Capital joint MD takes leave of absence

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... consultant at Accenture. In a fund update, L1's ASX-listed Long Short Fund (LSF), which predominantly invests in Australian and New Zealand securities and up to 30% in global shares, returned 8.1% in the month of March, outpacing the index's ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... Labib said Bruce brings over 20 years of experience working in the financial services sector across Australia, the UK and New Zealand to the team. "He has an established track record in fixed-income investing and, importantly, in managing a small team ...

Court delays DASS class action settlement approval

KARREN VERGARA  |  FRIDAY, 5 APR 2024
The Federal Court has delayed approving the $16 million class action settlement against Dixon Advisory & Superannuation Services (DASS) as it seeks more information. The class action led by Shine Lawyers, which was also brought against former Dixon ...

Frontier promotes four staff members

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... professionals - many of whom hold senior positions in Australia's superannuation funds. The promotions follow last week's new hire from Zenith Investment Partners to work with clients in the not-for-profit sector and the arrival of the inaugural ...

JANA appoints new investment trusts leads

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... Schnell's appointments would play a key role in driving the strategic direction and growth of the JANA Investment Trusts. In her new capacity, Simpson will lead the strategic direction of the JANA Investment Trusts, focusing on performance and client ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... transfer balance may be unintentionally adversely impacted due to the original income stream being treated as ceasing and a new one beginning with the successor fund. As it stands, a new valuation of the capped defined benefit income stream would then ...

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
Resolution Life has acquired Asteron Life New Zealand for NZ$410 million. Resolution Life will buy the business from Suncorp Group. In doing so, it will become the second largest life insurer in New Zealand, with about 165 employees and a network of ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... delighted to have been appointed by Fiducian, demonstrating our commitment to servicing Australian investors," Citi Australia and New Zealand head of securities services Mark England said. "Through ongoing investments into our data and technology capabilities ...