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Showing 971 - 980 of 4834 results for "EAC"

Strongest quarter for BlackRock

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
The organic growth of the world's largest asset manager, BlackRock, shows no signs of wavering - with the investment giant reporting a strong fourth quarter of 2021. "BlackRock delivered the strongest organic growth in our history, even as our assets ...

Advice firm targets teen financial literacy

KARREN VERGARA  |  FRIDAY, 7 JAN 2022
A financial advice firm is tackling high school graduates' poor financial literacy head on in a bid to equip them with essential wealth skills for the future. Purpose Advisory director and adviser Tristan Scifo has launched More than Before, an online ...

WAM to acquire two LICs

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
WAM Capital will acquire two other listed investment companies in a bid to take its market capitalisation to $2.3 billion. Westoz Investment Company (ASX: WIC) and Ozgrowth (ASX: OZG) have entered into an agreement with WAM to merge under separate transactions. ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
Financial advisers who failed the mandatory examination multiple times are slamming FASEA's feedback process, claiming it is inconsistent and fails to help them stay in the industry. As the failure rate continues to balloon, advisers making genuine ...

AMP Capital snaps up malls in $760m deal

CHLOE WALKER  |  MONDAY, 20 DEC 2021
AMP Capital has acquired two destination malls, Pacific Fair on the Gold Coast and the Macquarie Centre in suburban Sydney, in separate deals totalling approximately $760 million. AMP Capital Shopping Centre Fund (ASCF) bought an additional 25% stake ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal. The prudential regulator slapped retail and industry superannuation funds alike with the lowest grade ...

HESTA leads trustee board diversity

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
Superannuation fund HESTA has the highest number of women on its trustee board with nine females versus five males. An analysis of APRA's fund-level superannuation data as at June 2021 shows the $67 billion fund has tipped the gender imbalance as ...

Kelly Partners acquires Canberra firm

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
Kelly Partners Group (KPG) has announced the acquisition of a Canberra firm with $1.1 million revenue. The accounting practice was acquired through Kelly Partners Canberra. The business will relocate to Kelly Partners Canberra's offices. It's ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
Minister for superannuation Jane Hume has said the federal government remains committed to raising the superannuation guarantee to the legislated 12%. Hume made the commitment while speaking at an Industry Super Australia (ISA) event with shadow minister ...

HUB24, Class alter acquisition terms

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
HUB24 has altered its acquisition terms and will pay a bigger cash consideration for Class. The two firms announced they have agreed to a new deal in which HUB24 will pay 12.5 cents per Class share as opposed to the original amount of 10 cents proposed ...