“100-year storms” have serious impact on retiree balances

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A commonly held assumption is that catastrophic financial crises – “100-year storms” – are an infrequent occurrence, but far from being a once in a century event, data shows they... Read more continue reading

MyState calls for action to promote banking competition  

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Speaking at yesterday’s MyState Limited annual general meeting MyState Chairman Miles Hampton and MyState Managing Director and Chief Executive Officer Melos Sulicich called on the government to address four factors... Read more continue reading

AMP Capital builds UAE presence with new office and senior appointment

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AMP Capital has opened a new representative office  in Dubai and appointed an Institutional Director, Sudhanshu Garg, who will be  responsible for introducing AMP Capital’s real assets capabilities to clients... Read more continue reading

PPM launches Global Growth Separately Managed Account (SMA)

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PPM launches Global Growth SMA as Adviser demand heats up for an experienced ‘active’ manager of Global equities. Private Portfolio Managers (PPM) has successfully offered Global equity growth Individually Managed... Read more continue reading

Euroz Limited partners with HUB24 to launch new white label platform for advisers

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Euroz Limited (ASX: EZL) has partnered with leading investment and superannuation platform provider HUB24 (ASX: HUB) to deliver Encore, a new white label platform for their private wealth clients. The... Read more continue reading

IOOF to acquire ANZ’s OnePath Pensions and Investments business and Aligned Dealer Groups

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IOOF Holdings Limited (ASX: IFL; OTC: IOOFY) yesterday announced that it has entered into an agreement with Australia and New Zealand Banking Group Limited (“ANZ”) to acquire ANZ’s OnePath Pensions... Read more continue reading

Use of vesting order in dealing with assets held by deregistered super fund trustee companies

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When a corporate trustee is de-registered, the corporate entity ceases to exist, but this does not mean that the trust is also “de-registered”. The trust continues and any assets held... Read more continue reading

Sheila McGregor joins a majority Non-Executive Crestone Board

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The Board of Directors of Crestone Wealth Management (Crestone) has announced the appointment of Sheila McGregor to the Board. Ms McGregor is a senior and highly regarded company Director, whose... Read more continue reading

BennBridge launches two boutique partners

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Multi-boutique investment firm BennBridge has launched two boutique asset management partners in the UK – Tellworth Investments and Pembroke. BennBridge was founded in November last year as part of Bennelong... Read more continue reading

Perpetual Corporate Trust appointed Responsible Entity of first ASX-listed Trust dedicated to corporate lending

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Perpetual Corporate Trust has been appointed as the Responsible Entity (RE) of the MCP Master Income Trust (ASX: MXT), the first ASX-listed investment trust dedicated to corporate lending managed by... Read more continue reading