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Showing 1 - 10 of 21 results for %22Australian Executor Trustees Limited%22

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... one, funds by one, platforms to one to two and products to 20. As recently announced the sale of its Australian Executor Trustees (AET) business to EQT Holdings Limited (Equity Trustees) was executed for $135 million, with completion expected by end ...

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
Equity Trustees has announced it will acquire Insignia Financial's Australian Executor Trustees (AET) for $135 million. Following last week's market speculation, a statement said the acquisition will deliver significant growth for EQT, adding ...

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... IOOF is set to pay tens of millions in compensation after losing an appeal involving its subsidiary Australian Executor Trustees (SA) Limited. The Court of Appeal dismissed AET's appeal against a decision made by the Supreme Court of New South Wales ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... this morning. Distribution from the Sargon operating businesses (like Diversa, CCSL, Tidswell and Australian Executor Trustees), which were sold to New York Based Private equity firms, are also subject to uncertainty as the creditors wait for the court ...

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... claims decided in court. The sale, which was confirmed yesterday includes Diversa, CCSL, Tidswell and Australian Executor Trustees. OneVue yesterday said $29.6 million had been paid into an account controlled by the voluntary administrator for the purpose ...

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
The board of investment platform Raiz has replaced Australian Executors Trustees (AET) as its independent custodian, in what comes as the latest development in the Sargon saga. Raiz has appointed Perpetual Corporate Trust as its new independent custodian ...

IOOF expects to reappeal timber case

KANIKA SOOD  |  MONDAY, 30 SEP 2019
IOOF is considering "all available legal options" for former business Australian Executor Trustees, which exposed it to millions in compensation costs after last Thursday's court judgement in the S.E.A.S Sapfor Forests Pty Ltd case. The company notified ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
Australian Executor Trustees (SA) Limited, formerly owned by IOOF, is expected to pay about $80 million after yesterday's court judgement on its conduct as the trustee to a forestry investment scheme. AET was appointed as the trustee of the S.E.A.S ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
... Chris Kelaher, did not contravene the SIS Act. The Federal Court also awarded costs in IOOF's favour. Australian Executor Trustees was also subject to the legal action, but was not mentioned in IOOF's ASX statement regarding today's decision. APRA commenced ...

APRA flexes new muscles

HARRISON WORLEY  |  WEDNESDAY, 22 MAY 2019
... served show cause notices in April for their failure, IOOF Investment Management Limited (IIML) and Australian Executor Trustees (AET) have now been ordered by APRA to set up the OST by 30 June, or risk facing a financial penalty under the SIS Act. Today ...
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