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Showing 1 - 10 of 88 results for "Funder"

Litigation funder disputes AMP BOLR settlement

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
The litigation funder of the AMP Buyer of Last Resort (BOLR) class action is negotiating its cut of the settlement money and could take home as much as $43 million. A notice of proposed settlement from the Federal Court shows the funder, Augusta Pool ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Financial advisers are set to pay $400 less in the ASIC funding levy, saving the industry $8 million in total, according to new estimates from the Financial Advice Association Australia (FAAA). Based on two legislative instruments dated November 3 ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... over $600 million to broaden its residential mortgage offerings through 2023. Household Capital chief executive Joshua Funder said: "PEP brings deep experience in wholesale debt, structured finance and scaling business growth." "This funding will allow ...

ASIC continues to reprimand SMSF auditors

CHLOE WALKER  |  MONDAY, 24 JUL 2023
... requirements or breaches of auditing standards, independence requirements and registration conditions. Paul Barry, Stephen Funder, Bruce Jones, Gregory Leggett, and Malcolm Orman were disqualified from being SMSF auditors and their names have been added ...

Professionalise sustainability within funds: Panel

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
A panel on the impacts of climate change has heard how, as ESG approaches evolve, super funds must be conscious of their competency in the space and have processes for measuring it. Appearing at the Conference of Major Superannuation Funds, UTS Institute ...

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... Pension Boost has originated around 30% of Home Equity Access Scheme applications. Household Capital chief executive Joshua Funder said the acquisition will enable Household Capital to provide a trusted "one-stop-shop" service for Australian retirees ...

Household Capital partners with Genworth

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... concluding a $37.6 million series C capital raise. Speaking to Financial Standard, Household Capital chief executive Joshua Funder welcomed Genworth as a strategic investment partner. Funder said: "Genworth's renewed mission as a long-standing expert ...

Are Australia's wealthiest tight-fisted?

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... cost to provide subsidised dental care or access to affordable childcare for everyone." Tech leader, philanthropist, and funder of the research Daniel Petre added: "With a very small number of notable exceptions, Australia's wealthy have not increased ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... cover costs incurred over the course of the class action. This includes more than $14 million to be paid to the litigation funder to cover action costs and in remuneration, after-the-event insurance of $1.3 million, $650,000 to KordaMentha to administer ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
The Australian Institute of Superannuation Trustees has acknowledged the difficulty of implementing industry-wide rulesets and has released its future crisis contingency planning recommendations to APRA. In its submission, the AIST said the balance ...
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