BrisConnections $1.5b sale to hit the road

The sale required months of negotiations with BrisCon's lenders to get them to agree to a standstill agreement in an effort to ensure the auction's integrity. A "yes" vote was finally attained last month, as revealed by Street Talk.


IOOF set to merge two licences

A number of well-known financial planning groups will relinquish their licences, with advisers set to move across to other groups


UTI rolls out Indian equity fund

UTI International Singapore said the fund is designed to mirror the firm’s best performing equity strategy by focusing on industries with stable and secular growth prospects, high revenue and profit growth.


AZ NGA acquires $180m CBA advice firm

AZ Next Generation Advisory has acquired a 51% stake in Lifestyle Financial Planning Services, which was licensed through Commonwealth Bank dealer group Financial Wisdom.