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Funds management
Commonwealth Bank of Australia has announced the completion of the divestment of its global asset management business, Colonial First State Global Asset Management....
Life/Risk
A decision by the Reserve Bank of New Zealand has left the sale of AMP Life in disarray....
Life/Risk
AMP chairman, David Murray has defended the company’s decision to sell its life insurance business arguing it has been validated by AMP’s results and the decisions of oth...
Life/Risk
The Bank of Queensland has terminated the sale of its St Andrews’ Insurance to Freedom....
Life/Risk
It will be early next year before Suncorp completes the sale of its life insurance business to TAL....
Financial planning
ANZ has locked in the timetable for transferring its superannuation customers to IOOF even though it traverses the problematic Christmas/New Year period....
Financial planning
AMP Limited has taken a major step in selling down its life businesses in transactions which will translate to $3.45 billion....
Life/Risk
The Commonwealth Bank has exited virtually all of its insurance exposures with the sale of 80 per cent of its Indonesian life insurance business....
Financial planning
IOOF has agreed to offload its AET Corporate Trust business to financial technology and infrastructure company Sargon for $51.6 million....
Life/Risk
Commonwealth Bank has completed the sale of its life insurance business in New Zealand to AIA Group Limited....
Life/Risk
BOQ has sold its St Andrew’s Insurance arm to Freedom Insurance Group, comprising a $35 million quota reinsurance arrangement and cash proceeds of around $30 million....
People & Products
OneVue has announced the sale of its SMSF administration business to SuperConcepts....
Life/Risk
Suncorp Group has confirmed its continuing consideration of options for its life insurance business, including possible partnerships or sale....
Financial planning
The Commonwealth Bank has confirmed it is in discussions with a view to divesting its life insurance businesses....
Funds management
The best course of action for Hunter Hall clients is a full redemption from or sale of all Hunter investment vehicles, Australian Unity believes....
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