ACQUISITION

Funds management

Centuria will make an offer of $174 million to acquire the New Zealand real estate fund management platform....

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People & Products

SMSF platform provider, Class has acquired Amreeta Abott’s NowInfinity....

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Life/Risk

Lowers sales through advice channels have helped contribute to life/risk new sales reaching a five year low, according to new data released by Dexx&r....

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Funds management

Pinnacle Investment Management has taken the 25% stake in Chris Joye’s Coolabah Capital previously owned by the Bennett Family....

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Financial planning

Sydney-based Stanford Brown has announced the acquisition of Godfrey Pembroke advice firm, World Square Financial Services....

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Financial planning

Announced a month ago, the acquisition is now completed with AdviserLogic chief executive Daniel Gara staying in his role....

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Life/Risk

Resolution Life, the company which is acquiring AMP Life, has gone to the market and raised US$3 billion ahead of closing the AMP deal early next year....

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People & Products

The firm made a $2.89 million investment in the Gippsland area accounting and financial planning firm....

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Funds management

Bravura has continued on the acquisition trail, this time picking up UK-focused software firm, FinoComp....

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Superannuation

With the Australian Prudential Regulation Authority legal action out of the way IOOF has secured its acquisition of ANZ’s OnePath Pension and Investments business....

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Funds management

Boutique fund manager, Perennial Value Management, has announced that its senior executives intends to acquire the remaining 42.4% interest in the business from IOOF Hold...

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Financial planning

Financial technology firm GBST is yet to set a date for its annual general meeting, having been granted an extension by the Australian Securities Exchange....

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Financial planning

Bravura describes the move as ‘strong strategic fit’ for the two companies as it looks to expand its domestic and international reach....

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Funds management

Shareholders at CBG Capital are being urged to accept an acquisition offer from Clime Capital to acquire 58.46 per cent of its shares, or risk missing out on their next q...

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Financial planning

Publicly-listed financial services group, Sequoia may have just acquired Libertas Financial Planning but it is ready to offload businesses that don’t meet its return on e...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

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The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

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A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

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The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

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