AustralianSuper, LUCRF Super agree to SFT - Financial Standard
网页2022年4月11日 — The merger will see an additional $7.25 billion added to AustralianSuper's existing $260 billion, along with just shy of 132,000 new members. "The teams at LUCRF Super and AustralianSuper have worked hard to deliver a quick and seamless merger and the result will be scale benefits delivered for all members from day one," LUCRF Super deputy chief executive and chief operating officer Antony ...
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Apollo expands in Australia, acquires fund manager stake
网页2021年9月9日 — BY KARREN VERGARA | THURSDAY, 9 SEP 2021 12:23PM. Apollo Global Management announced it will take a 50% stake in an Australian commercial real estate fund manager. New York Stock Exchange-listed Apollo will become part owner of Melbourne-based MaxCap Group but did not disclose how much it …
Court approves $16m DASS settlement | Financial Standard
网页2024年4月19日 — BY KARREN VERGARA | FRIDAY, 19 APR 2024 12:35PM. The Federal Court has approved the settlement reached in the $16 million class action brought against Dixon Advisory & Superannuation Services (DASS) following a two-week delay. Justice Thawley sought to gather more information for the victims in delaying the approval.
Crescent Wealth to merge into Russell Investments
网页2024年4月30日 — The need for Crescent Wealth's merger into Russell Investments was evident following a recent Member Outcomes Assessment by Equity Trustees. It revealed that Crescent Wealth's fees and costs are impacting member returns, saying they "aren't appropriate having regard to their financial interests," and …
Investment Leadership Awards finalists named | Financial Standard
网页2021年5月17日 — The shortlist for the Financial Standard Investment Leadership Awards 2021 has been finalised, recognising outstanding investment nous across major asset classes.. Now in their fourth year, the annual Financial Standard Investment Leadership Awards are the product of comprehensive analysis of 120 investment managers offering close to 1000 strategies, performed by Rainmaker Information.
ANZ to pay $57.5m to settle class action - Financial Standard
网页2024年3月25日 — The class action related to certain interest charged on specific ANZ personal credit cards in the period from 1 July 2010 to 1 January 2019. As part of the settlement, ANZ will pay $57.5 million, which is covered by a provision held at 30 September 2023. The settlement is without admission of liability and remains subject to court approval.
Australia Post Super Scheme cuts premiums by 10%
网页2021年11月4日 — Australia Post Super Scheme cuts premiums by 10%. Some members of Australia Post Super Scheme (APSS) will enjoy reduced insurance premiums as the fund makes several alterations. The $8 billion APSS informed members that there will be a few changes to investments, strategic asset allocations and group insurance.
Corporate advisor charged over $2m theft | Financial Standard
网页2022年6月22日 — Former corporate advisor Anthony Torre has been charged after allegedly stealing almost $2 million from his clients. Last Friday, Torre appeared in Perth Magistrate Court and was charged with eight counts of fraud and five counts of stealing pursuant following an ASIC investigation. The corporate watchdog alleged …
Goldman Sachs promotes five in ANZ | Financial Standard
网页2021年11月3日 — BY ELIZABETH MCARTHUR | WEDNESDAY, 3 NOV 2021 12:37PM. Five individuals at Goldman Sachs in Australia and New Zealand have been promoted as part of the firm's global managing director class of 2021. In an internal memo, Goldman Sachs Australia chief executive Simon Rothery congratulated Andrew Boak, Andrew Chong, Michael Ginzburg, Aaron Lamshed ...