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Showing 1081 - 1090 of 2370 results for "Merger"

Victorian super funds discuss merger plans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
... members. Prime Super and Combined Super have signed a memorandum of understanding, announcing the two funds are in advanced merger discussions. If it goes ahead, the merged entity would manage about $5 billion in funds and would see a number of Combined ...

Queensland industry funds merge

HARRISON WORLEY AND JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
... fastest growing fund in Australia with about 1.3 million members and $55 billion in funds under management. As such, the merger will create one of the largest superannuation funds in Australia, with $58 billion in assets and about 1.4 million members ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
... Mercantile OFM added a condition that IPE's net tangible assets could not drop by 10% or more between the date of the merger implementation agreement (June 5) and the end of the offer period, which is currently August 10, according to documents released ...

Wealth firms merge for growth

JAMIE WILLIAMSON  |  MONDAY, 2 JUL 2018
The merger of two Melbourne-based financial services firms has seen the creation of a multi-disciplinary wealth management business. Morrows and MSI Ragg Weir have entered into a strategic merger, with all MSI Ragg Weir employees offered roles within ...

Australian Unity creates IFA leadership role

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUN 2018
The former acting chief executive of Count Financial is taking on a newly-created leadership role within Australian Unity's financial advice business. Michael Csavas is joining Australian Unity as general manager, self-employed advice; a new role ...

Shaw and Partners shelves managed accounts partnership

KANIKA SOOD  |  MONDAY, 25 JUN 2018
... capital raising in October 2017 to acquire Linear Financial Holdings Limited. When Managed Accounts Holdings announced its merger plans in September 2017, it also flagged the delivery of a managed accounts solution to Shaw and Partners clients. At the ...

Super fund rationalisation painful: PwC

KARREN VERGARA  |  THURSDAY, 21 JUN 2018
... the large funds aren't held to prove that suddenly their members aren't going to be better off as a result of a merger, which is almost impossible to prove, that should just [be a consequence] of industry rationalisation," Nance added. Australian ...

Multi-disciplinary industry trend continues: CBA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
About half of all accounting firms are considering a move into financial planning. According to Commonwealth Bank, 43% of Australia's accounting firms are planning to add or grow their wealth management and financial planning capabilities in the ...

ASX on the lookout for new CFO

HARRISON WORLEY  |  MONDAY, 18 JUN 2018
... deliver ASX's full-year results for 2018." Aziz' association with the ASX began at the Sydney Futures Exchange prior to its merger with the market operator, where he was group financial controller. After the amalgamation of the ASX and SFE, Aziz assumed ...

AMP adds legal expert to board

KARREN VERGARA  |  TUESDAY, 12 JUN 2018
AMP is welcoming a legal and regulatory expert to its board in an effort to rebuild the company. John O'Sullivan joins AMP as a non-executive director effective 20 June 2018. He was a partner at Freehill Hollingdale & Page (now Herbert Smith Freehills) ...