SuperIQ acquires SmartsuperBY MELANIE TIMBRELL | TUESDAY, 18 SEP 2012 12:05PMSelf-managed super fund (SMSF) provider SuperIQ has acquired former Perpetual business Smartsuper in the latest wave of consolidation in the space. |
Editor's Choice
IFM Investors appoints global product strategy head
IFM Investors has strengthened its global leadership team with a senior appointment of a former WTW consultant.
Macquarie AM launches venture growth fund
The new fund will provide eligible investors access to late-stage growth companies around the world based on a two-decade track record with more than 350 investments.
Consistent climate disclosures matter: ASFA, ACSI
The Association of Superannuation Funds Australia (ASFA) and the Australian Council of Superannuation Investors (ACSI have joined four other peak investment bodies to push for continued transparent and comparable climate disclosure.
Ironbark expands advice footprint with acquisition
Ironbark Financial Group has acquired a Victoria-based multi-disciplinary firm that specialises in assisting small to medium sized businesses, integrating the practice into its Ironbark Advice brand.
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Jacqueline Fernley
CHIEF EXECUTIVE OFFICER
ARC POINT OCIO PTY LTD
ARC POINT OCIO PTY LTD
Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Interesting strategy - buy up every one. How much is the spend up to now - $40M.
Perpetual walked away from this strategy with a $16M loss - unable to build scale. ANZ/ING have failed to build scale at Super Concepts.
I suppose acquisition is one way of getting to their 100,000 target funds under administration as set out in the Morgan Stanley assessment. But AMP have a long way to go and how much more will it cost.