Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1121 - 1130 of 2917 results for "Merge"

Former State Super investments chief returns

HARRISON WORLEY  |  MONDAY, 27 APR 2020
A former State Super chief investment officer is returning to the fund as a director. Lisbeth Rasmussen has joined the board of State Super, three years after departing the fund and the role of chief investment officer. Rasmussen left the fund in late ...

Fiducian acquires advice practice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
... advice. The unnamed advice business is located in Gippsland, Victoria and will see Fiducian's offices in Sale and Traralgon merge. The acquisition is a continuation of Fiducian's plans to expand and consolidate its financial advice network of franchises. ...

Global investment firm adds chair

JAMIE WILLIAMSON  |  TUESDAY, 21 APR 2020
A global multi-asset manager has appointed an industry veteran as its new chair, the head of its local operations has confirmed. Chair and former co-chief executive of Standard Life Aberdeen Martin Gilbert has been named chair of Toscafund Asset Management. ...

How wealth management must respond to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
Global consulting firm McKinsey & Company has issued a new report on how the COVID-19 pandemic will impact wealth management in the Asia Pacific region, including what might happen if the virus continues to spread. "Past epidemic crises have had sharp ...

Never say never to RBA help: First State Super

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... unlisted assets, like other super funds, out of cycle. Asked whether the COVID-19 fallout would see the fund delay its plans to merge with VicSuper - as other funds have - Graham said the plan was still on track. "We're still proposing to move along ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... ability to direct mergers, which could be used where a fund is unable to meet the needs of members." Funds being "directed" to merge is not off the table, Frydenberg said. "The government expects APRA to exercise those powers in circumstances where it ...

Industry fund appoints union leader

HARRISON WORLEY  |  MONDAY, 6 APR 2020
... after the fund pushed back the deadline for its planned merger with MTAA Super. The two funds were originally scheduled to merge on October 1 this year, but have now extended the deadline to finalise the deal until 31 March 2021. The funds said they ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... Separately, Elia also responded to Senator Jane Hume's recent comments around super fund mergers, criticising funds that merge with other like funds. "Failure to diversify fund membership can be as dangerous as failure to diversify investments," ...

Super fund transfer delayed amid COVID-19

KANIKA SOOD  |  THURSDAY, 2 APR 2020
AMP has delayed the successor fund transfer of one of its superannuation clients, who previously decided to switch to another fund, citing current market volatility. Anglican National Super in October 2018 decided it would end its 14-year long relationship ...

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite. New analysis from KPMG shows superannuation trustees are facing three competing sets of problems as they deal with ...