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Showing 1211 - 1220 of 22871 results for "Super"

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
Equip Super and TelstraSuper will no longer merge, with the latter saying it was unlikely to achieve its objectives. TelstraSuper has decided to terminate the Heads of Agreement the two funds signed late last year, concluding it was not going to be ...

Scrutiny, costs major hurdles to boosting IPOs

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... because clients are ultimately demanding returns, both performance and dividends. With an ageing population, right now the super fund pension bill is circa $50 billion per year; by the end of 2030 that'll have increased to $120 billion a year," he cited. ...

Wealth management has never looked better: Knox

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... and active managers are dying a death domestically because of all the in-housing of assets under management by industry super funds. So, asset management is tough, and ETFs are doing well." He said, when you then look at the advice sector, advisers are ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
Vanguard Super was the super fund with the highest organic growth rate in FY24, both in terms of assets under management (AUM) and membership, according to a KPMG report. CareSuper technically had the highest growth in AUM and membership, though this ...

UniSuper lifts fund manager investment to $100m

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
UniSuper has increased its investment in venture fund manager Uniseed by $25 million, taking its total commitment to $100 million. The $149 billion industry fund became Uniseed's exclusive institutional investment partner in March 2022, at which time ...

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
Treasurer Jim Chalmers is maintaining politicians will be captured by the $3 million super tax, labelling commentary to the contrary as lies. Liberal Senator Andrew Bragg has copped heat from Chalmers over his claims that the Division 296 tax changes ...

Zenith to farewell co-founder, managing director

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... organisations, and a belief that together, we can create a really compelling, premium service for advisers, fund managers, super funds and institutional clients." Zenith thanked Wright and Huddy for their contributions to the business. "Both David and ...

Size of super impacting capital markets

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... We're seeing an evolution of markets here, of capital. We're seeing a concentration on one end of the self-managed super side, and then we're seeing a concentration the other side, we're seeing competition for funds through the professional ...

Canadian Securities Exchange to acquire National Stock Exchange of Australia

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
NSX Limited (NSX), the operator of the National Stock Exchange of Australia, has entered into a Scheme Implementation Deed with CNSX Markets, the market operator of the Canadian Securities Exchange (CSE). Under the agreement, CNSX will acquire all remaining ...

Former Sydney adviser sentenced to three years

MATTHEW WAI  |  MONDAY, 19 MAY 2025
Former financial adviser David Mario Valvo, who doubled as a comedian, was sentenced to three years imprisonment. Valvo's sentence was handed down in Downing Centre District Court in February, but was suspended upon several conditions including that ...