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Showing 1061 - 1070 of 2370 results for "Merger"

Workers want extra super contributions: Research

HARRISON WORLEY  |  WEDNESDAY, 29 AUG 2018
... biggest concern about retiring. Recently the fund announced plans to merge with $2.9 billion industry fund AustSafe, with the merger between the Queensland funds set to complete in early 2019. The merger will create one of the largest superannuation ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... Insurance Framework and educational reforms are prompting risk advisers to hurriedly sell their practices at discount prices, a merger and acquisitions expert says. Radar Results principal John Birt said there are more risk insurance businesses for sale ...

Macquarie boards add new CEO and Westpac veteran

KANIKA SOOD  |  TUESDAY, 28 AUG 2018
... responsible for the bank's relationships with customers, government, regulators and industry groups in addition to Westpac's merger and acquisition functions. He has also served as Westpac's group chief financial officer and Westpac Institutional Bank's ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... to what extent the prohibition should be applied and what problems would arise in applying this law. As for the failed merger between Energy Super and Equipsuper, which could have saved $20 million or 15 basis points for members, Hodge said Energy Super's ...

Equip grows to meet demand

HARRISON WORLEY  |  WEDNESDAY, 22 AUG 2018
... employees' super is in the right hands, with what we have heard over the past fortnight," Farrington said. "Since our recent merger, we have announced a $12 million reduction in fees and insurance premiums for the 2018-19 financial year, which has positioned ...

Industry funds grows governance, risk teams

JAMIE WILLIAMSON  |  MONDAY, 20 AUG 2018
... joins in the role of senior business analyst. She has previously worked with Equip as a consultant, assisting with its merger with the Rio Tinto staff super fund. Joining as project managers, Andrew Tongue and Beth Ooi have also joined the industry fund. ...

Hayne sees red over failed merger

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
Commissioner Kenneth Hayne slammed two industry funds for reneging a potential merger that had clear benefits for members after finding executives were worried their roles were on the line. Talks of a serious merger between Catholic Super and the Australian ...

Pengana LIC profitable again

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
... ethically-screened international equities. The improved profits come at the back of changes made in June 2017, following the merger with Hunter Hall. The new investment team is led by chief investment officer and portfolio manager Jordan Cvetanovski ...

Failed industry fund merger laid bare at Royal Commission

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... merge with the now $14 billion Equipsuper, who wanted no union-nominated board seats for the merged fund, even though the merger would have delivered significant financial benefit to Energy Super's members, the Royal Commission heard. A KPMG report commissioned ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... what was the benefit of continuing the grandfathered commissions considering that after the successor fund transfer or merger, NULIS had no contractual arrangement to continue the commissions. Hodge pressed if there was a risk that advisers and their ...