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Showing 1001 - 1010 of 2384 results for "Merger"

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
... Scottish Widows' attempt to terminate investment management arrangements with Aberdeen Asset Management in place prior to its merger with Standard Life. Following the merger, Lloyds Banking Group's wealth businesses and the pension fund gave Standard ...

Radar Results hires Queensland manager

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... less than high-quality, they could still attract between 2.5 and 2.7 times recurring revenue. Radar Results also provides merger and acquisition services to accounting practices, and insurance and mortgage broking businesses.

First State Super, VicSuper merger talks progress

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2019
... Heads of Agreement to merge, with leadership roles and a 2020 deadline confirmed. In an update, the funds said a successful merger would see the creation of a $120 billion fund serving more than 1.1 million members by 30 June 2020. The fund would be ...

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
The wealth management labour force is set to continue expanding in the second half of the year according to recruitment firm Hays. Releasing its 2019/20 Salary Guide into Australia's job market, Hays said 47% of wealth management employers surveyed ...

LGIAsuper to stand on its own

HARRISON WORLEY  |  TUESDAY, 9 JUL 2019
... the sector. In a post to its website, chief executive of the $12 billion fund, Kate Farrar said LGIAsuper was not seeking merger opportunities and was determined to stay in touch with its roots as a "boutique" fund. "LGIAsuper has a unique and very successful ...

Super fund appoints investment lead

HARRISON WORLEY  |  MONDAY, 8 JUL 2019
A former NAB Asset Management executive was appointed chief investment officer of a $250 million superannuation fund. Jason Hazell has joined Crescent Wealth as its new chief investment officer, bringing with him more than 20 years' experience in super ...

Boutique advice firms merge

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... partner and principal adviser at Minchin Moore. Minchin Moore is headed up by managing partner Mark Minchin, who said of the merger: "Having observed Cathryn build Twelve Wealth and blaze a new path, we have little doubt that our values and beliefs are ...

Hostplus enters merger talks

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
The $43 billion Hostplus is probing the possibility of a merger with another industry fund. Hostplus and the $566 million Club Super have entered into a Memorandum of Understanding to formally pursue discussions and undertake a comprehensive due diligence ...

Industry funds consider $22bn merger

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... superannuation fund. MTAA Super and Tasplan have entered into a binding Memorandum of Understanding to investigate a possible merger that would see the creation of a $22 billion fund. Together, the funds have about 380,000 members. The news follows that ...

Statewide Super cans merger plans

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... $9.8 billion superannuation fund had signed a Memorandum of Understanding with Tasplan and WA Super to explore a potential merger. The talks were unsuccessful however, with Statewide saying it will continue to actively pursue inorganic or organic growth. ...