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Showing 1 - 10 of 62 results for "Avante"

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
Commonwealth Bank of Australia (CBA) released its half year results today, seeing profits rise to $5.4 billion. As part of is H1 report, the major bank gave an update on its ongoing superannuation and advice-related class actions. CBA said it still ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice. CBA said the group is still defending two superannuation class ...

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
One of the few remaining corporate super funds, the Goldman Sachs & JBWere Superannuation Fund, will be merged into Mercer Super from next month. In September 2024, the trustee for the Goldman Sachs & JBWere Superannuation Fund - BEST Superannuation ...

Paying more fees doesn't speed up superannuation death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
Paying higher superannuation fees doesn't equate to getting death benefits paid out faster, according to research by Super Consumers Australia (SCA). In the wake of a review by ASIC into death benefit claims handling practices of superannuation trustees ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
A review of major superannuation trustees by ASIC found that not even one monitored or reported on the full process of death benefit claims handling. The review of superannuation trustees including, Australian Retirement Trust, Avanteos (Colonial First ...

GQG raises $145m for private markets fund

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... GQG having acquired stakes in three boutiques in May; Proterra Investment Partners, Cordillera Investment Partners and Avante Capital Partners as seed investments from Pacific Current Group. GQG announced the launch of GQG Private Capital Solutions in ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
Retail superannuation offerings from AMP, Macquarie, and HUB24 spend big on external financial advisers, while industry funds prefer to invest in their own advisers and intra-fund advice, new APRA data reveals. APRA's recently published data based ...

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... dividend will be unfranked. Over the period PAC said it completed asset sales with exits from GQG, Proterra, Cordillera, Avante and the partial sale of Pennybacker, which provided significant potential for capital return, dividend payment, debt paydown ...

Pacific Current sells European boutique

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... strategically valuable for both businesses. We wish them continued success." PAC recently sold its stake in three fund managers - Avante Capital Partners, Proterra Investment Partners and Cordillera Investment Partners - to GQG Partners. Consequently ...

Pacific Current names acting chief executive

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... officer Paul Greenwood. Greenwood jumped to GQG Partners when it took over Pacific Current's three fund managers - Avante Capital Partners, Proterra Investment Partners, and Cordillera Investment Partners. He is now co-managing director of GQG's ...
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