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Showing 1171 - 1180 of 2917 results for "Merge"

Industry funds dominate satisfaction

JAMIE WILLIAMSON  |  THURSDAY, 9 JAN 2020
... ratings increase of 8.4% in 12 months, according to the research house. The positive result comes as Tasplan prepares to merge with MTAA Super, having confirmed in November 2019 that a merger would go ahead in October 2020. With MTAA Super serving as ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... heritage were a key driver behind the decision, according to Hostplus chief executive David Elia. 10. Corporate, industry fund merge The Dow Australia Superannuation Fund (DowASF), home to just under 400 members, merged with Equipsuper in October. DowASF ...

Government fund appoints new chair

KANIKA SOOD  |  MONDAY, 16 DEC 2019
A $110 billion superannuation fund has appointed a new chair as it continues to sound out another fund for a potential merger. Don Luke is taking over as the chair of QSuper as incumbent chair Karl Morris steps down after two terms. Luke was most recently ...

Super funds merge, leaders appointed

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
First State Super and VicSuper have confirmed a merger will go ahead, naming the chief executive and chair for the combined $125 billion fund. First State Super and VicSuper have signed a merger deed with a merger effective 1 July 2020. The merged funds ...

Integration of super advice business completes

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 DEC 2019
The integration of StatePlus into $77 billion industry fund First State Super is being tied up. The ASIC Financial Adviser Register showed hundreds of StatePlus financial advisers as 'ceased' earlier this week. This was an administrative action as StatePlus ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
The prudential regulator has finally published its long-awaited heat map for MySuper products, with deputy chair Helen Rowell saying it's likely many in the industry will feel uncomfortable. APRA released the first iteration of its MySuper heat ...

Sunsuper head of corporate, insto sales departs

KANIKA SOOD  |  MONDAY, 9 DEC 2019
The $70 billion superannuation fund's head of corporate and institutional sales has left to head retail sales at a major life insurer. MetLife has appointed Meray El-Khoury as its head of retail sales effective this month. El-Khoury reports to chief ...

Concerns over rise of the mega-fund

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2019
Mega-funds are on the rise and as further super fund mergers are expected to continue into 2020, the question of capacity needs to be addressed, according to SG Hiscock managing director Stephen Hiscock. "In terms of the mega-funds, we have seen a lot ...

Sargon opens door to trustee tech

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... "We believe this continues to be the optimal solution for funds - particularly those that are under increasing pressure to merge - to create efficiencies from scale and improve outcomes for their members," he said. "These funds can still gain many of ...

Deutsche Bank offloads $76b in assets

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
Deutsche Bank has offloaded $76 billion in assets to Goldman Sachs as part of the lender's restructuring plan. Germany's biggest bank has been undergoing a major restructuring as it struggles to compete in tough market conditions. The assets were tied ...