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Showing 1201 - 1210 of 2918 results for "Merge"

Corporate, industry fund merge

JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
A 47-year-old corporate superannuation fund has merged with a $16 billion industry fund. The Dow Australia Superannuation Fund (DowASF), home to just under 400 members, has merged with Equipsuper. Established in 1972, DowASF is the corporate plan of ...

Super fund cuts fees

HARRISON WORLEY  |  TUESDAY, 1 OCT 2019
An $8 billion industry superannuation fund has cut fees for accumulation members. From today, Energy Super has decreased the asset-based administration fee charged to accumulation members by four basis points - from 0.22% to 0.18%. The move will see ...

Former Deutsche director joins EQT

HARRISON WORLEY  |  MONDAY, 30 SEP 2019
Equity Trustees hired a former Deutsche institutional sales director as an investment specialist. Grant Mundell joined the firm earlier this month as an investment specialist in its asset management team, with a remit to work closely with its philanthropy ...

Industry funds confirm merger

HARRISON WORLEY  |  MONDAY, 23 SEP 2019
Two industry superannuation funds worth more than $45 billion combined have confirmed they will merge later this year. Hostplus and Club Super are set to merge in just over a month, after the two industry super funds signed a Successor Fund Transfer ...

Former Challenger exec joins EQT super board

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
A former Challenger executive joined Equity Trustees' superannuation board. Equity Trustees appointed Paul Rogan as an independent director of its superannuation board (ETSL) as the firm continues its moves to "raise the standard" in securing members' ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
Colonial First State Global Asset Management has kept its initials but picked a French name, as its chief executive and financial officer announce a rebrand and operational update under its new owner. CFSGAM will henceforth be called First Sentier Investments ...

FinPal and MiiiA merge, announce rebrand

ELIZA BAVIN  |  MONDAY, 16 SEP 2019
Financial advice software providers FinPal and MiiiA have announced plans to merge their technologies and services before rebranding as Fin365. FinPal founder and chief executive Stephen Handley said he is confident the merger will lead to accelerated ...

Cashwerkz chief steps down, trustee business to be spun off

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
The chief executive of Cashwerkz is stepping down from the top job. At the same time, Trustees Australian will be spun out with the view to potentially listing the business as a separate entity. In a statement this morning, Cashwerkz said Hector Ortiz ...

Statewide still keen on mergers

KANIKA SOOD  |  MONDAY, 9 SEP 2019
... are too much execution risk, according to chief financial and operating officer Grant Eastwood. Statewide canned plans to merge with Tasplan and WA Super in June, which if successful would have created Australia's 15th largest superannuation fund ...

Priced out: Advice affordability at risk

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
... its licensees while leaving HNW-focused Godfrey Pembroke untouched and AMP forcing many of its firms with smaller FUMs to merge or sell. "It's the red tape, the added costs, the business costs, getting new employees in this business. It's easier ...