M&A

Superannuation

TWUSUPER is now pursuing other growth options after extensive due diligence that resulted in the decision not to merge with EISS Super....

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People & Products

The acquisition of the specialist debt business would include a fixed income digital platform as Perpetual expands its digital presence. ...

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Funds management

The fund is making a takeover bid for PM Capital Asian Opportunities fund, an offer which is “clearly superior” to an existing proposed scheme of arrangement with a rival...

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Funds management

A booming mergers and acquisitions situation and record-low interest rates are the two biggest factors driving the equities market, according to Airlie Funds Management....

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Financial planning

It is “not a bad time” to sell a financial advice business as there are potential acquirers on the lookout for opportunities, according to HLB Mann Judd....

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Funds management

Acquisitions helped Macquarie Asset Management grow its assets under management by 22% but base fees and performance fees were both down during FY21....

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Financial planning

Centrepoint’s acquisition of Clearview’s advice business will create a new combined entity that will be one of the largest financial planning groups in the country in ter...

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Financial planning

Sequoia will continue to acquire mid-tier licensee service businesses to provide services to 1,000 advisers by 2025....

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Funds management

While several companies are potential merger and acquisition targets, much of this is ‘opportunistic’ targeting of businesses impacted by COVID-19 so investors would be u...

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Funds management

There are three sectors which could see increased merger and acquisition activity this year, according to Wealth Within’s Dale Gillham, as companies seek to utilise exces...

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Financial planning

Advisers looking to sell their business as they exit the industry are likely to have to sell at a lower price than they expected because of the uncertain environment....

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Expert Analysis

Companies are sitting with excess cash on their balance sheets following the pandemic, writes Catherine Allfrey, so they will have to work out how best to put this to use...

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Financial planning

There is an estimated $100 billion in cash sitting on company balance sheets following the pandemic with the expectation for increased buybacks and acquisitions, say comm...

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People & Products

Singapore-based Ascent Fund Services, which is seeking to list on the Australian Securities Exchange, has appointed Eric Koolen to lead its Australian expansion....

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Financial planning

Fund administrator Mainstream has terminated its scheme implementation deed with SS&C after it failed to beat an offer by Apex....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

1 month 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 months 1 week ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

1 month ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

1 month ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

1 month ago