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Showing 1 - 10 of 60 results for "Australian Executor Trustees"

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... has confirmed it has completed of one of two key strategies to achieve synergies when it acquired Australian Executor Trustees (AET). At the time of acquisition, Equity Trustees announced its intention to exit the AET platform business and outsource ...

ANZ transfers Will bank to Equity Trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024
... largest Will banks in the country as a result of the move, adding to the sizeable bank acquired in the Australian Executor Trustees deal at the end of 2022. Further, under the deal, ANZ Private Bank will now refer clients to Equity Trustees should they ...

MSC Certane wins Suncorp mandate

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... for general corporate and funding purposes. The MSC Group acquired Certane CT (formerly part of the Australian Executor Trustees business) on 12 January 2024. The group now manages $30 billion under appointment on behalf of more than 250 individual corporate ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... its acquisition and expansion strategy when Insignia, or IOOF as it was known at the time, sold its Australian Executor Trustees (AET) corporate trust business for $51.6 million. That year, Sargon also acquired OneVue's trustee services business ...

Insignia Financial promotes two key staffers

ELIZABETH FRY  |  MONDAY, 4 SEP 2023
... advice and repricing. Bottom line earnings were $51 million, up 39%, on gains made from the sale of Australian Executor Trustees to Equity Trustees.

SuperConcepts to take over AET platforms clients

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
Equity Trustees has inked a deal with SuperConcepts to ensure the clients of Australian Executor Trustees' platforms business continue to receive specialist administration services. When EQT acquired AET from Insignia Financial last year, it flagged ...

Insignia consolidates further, creates Client Wellbeing arm

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2023
... net profit after tax (NPAT) of $51 million, up 39% year on year, driven by gains made in divesting Australian Executor Trustees as well as stabilised remediation costs; Insignia did not have to increase remediation provisions, saying it expects all projects ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
... that it also makes sense given the increased scale of the TWS business following the acquisition of Australian Executor Trustees. "This new business structure will enhance our ability to deliver on our strategic objectives and vision to be Australia's ...

SMSF Association names head of membership

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... brings previous experience as a former head of financial planning at BankSA and a regional manager for Australian Executor Trustees. SMSF Association chief executive Peter Burgess said Sparks' industry experience, coupled with this SMSF technical knowledge ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... a significant increase on the prior corresponding period. It was largely the result of offloading Australian Executor Trustees, it said. Its underlying NPAT was $94.4 million, down 17.1% year on year. "It's pleasing to see us continue to make strong ...
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