ACQUISITION
People & Products
The acquisition of Government home equity scheme specialist Pension Boost has seen Household Capital become the largest provider of home equity retirement funding in Aust...
Funds management
Only half of the cost synergies proposed by the Pendal/Perpetual acquisition are likely to be achieved, according to Morningstar, but combined FUM could reach $283 billio...
People & Products
Diverger has acquired licensee support business AFSL Compliance to expand its client base of self-licensed firms....
Funds management
The acquisition of Pendal by Perpetual will bring client and staff attrition risk as it creates a $201 billion fund manager, according to research house IBISWorld, but th...
People & Products
Momentum Markets has acquired leading financial media platforms Money Management and Super Review....
People & Products
Lonsec has announced the acquisition of Implemented Portfolios Limited (IPL), a specialist managed discretionary account (MDA) provider to high net wealth individuals and...
Funds management
Perpetual and Pendal have confirmed they are in discussion about a potential acquisition after Pendal rejected a bid earlier this year....
Financial planning
WT Financial Group, the ASX-listed parent of Wealth Today, has acquired Australia’s largest privately-owned financial adviser group, Synchron for $7.96 million. ...
Funds management
The resolution to approve the scheme of arrangement under which HUB24 will acquire all shares in Class has been approved by Class shareholders....
Funds management
Concluding weeks of negotiations, Wilson Asset Management has acquired the PM Capital Asian Opportunities Trust, although it required increasing its bid....
Financial planning
Sequoia Financial Group has announced the completion of the acquisition of the incorporated legal practice previously known as Topdocs Legal....
Funds management
Multi-boutique asset management firm, Pacific Current Group, has acquired a 35% stake in the US-based private equity real estate firm, Banner Oak Capital Partners....
Superannuation
HUB24 and Class have simplified the scheme consideration of the scheme implementation deed under which HUB24 agreed to acquire all Class shares....
Funds management
Carlyle Asia Partners has been given access to Link’s executive leadership and the firm has received another unsolicited proposal to acquire its banking and credit manage...
Funds management
Link Group will provide due diligence for Carlyle so that it can develop a revised proposal that is not subject to further due diligence....
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...