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Showing 111 - 120 of 2092 results for "Merger"

Super funds ready to offer advice: Podcast

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
Association of Superannuation Funds of Australia deputy chief executive Glenn McCrea says there will be a bit of change for super funds who aren't yet providing intra-fund advice but remains confident the sector can deliver for members. On a recent ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... business transitioned from BT to Mercer. They were lifted later that same month, ahead of the deal - which also comprised the merger of BT's superannuation business - being completed. At the time of the sale announcement, Advance AM had about $44 ...

ANZ reaches agreement with QLD government over Suncorp

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... outlines why we continue to believe there to be no real commercial likelihood of any alternative transaction such as a merger with any other mid-tier bank, and why the proposed transaction with ANZ is in the best interests of our customers, shareholders ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... provider, marking the start of a multi-year transition. In a business update, Australian Ethical explained that following its merger with Christian Super, its focus has shifted towards streamlining back-office operations and driving efficiencies, starting ...

Cbus appoints chief executive, deputy

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
... a spade and what you see is what you get. Our members and sponsoring organisations appreciate that." Cbus finalised its merger with EISS Super in May. It marked Cbus' second merger in 13 months after it joined forces with Media Super in April 2022. ...

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... with support from Swiss National Bank and the Swiss Financial Market Supervisory Authority (FINMA). FINMA approved the merger because Credit Suisse was experiencing a crisis of confidence, which manifested in considerable outflows of client funds. The ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... outlines why we continue to believe there to be no real commercial likelihood of any alternative transaction such as a merger with any other mid-tier bank, and why the proposed transaction with ANZ is in the best interests of our customers, shareholders ...

Australian Retirement Trust makes three leadership appointments

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... is that replacement, the fund confirmed today. He was previously ART's chief of staff, having taken up that role in the merger. Prior, he was Sunsuper's chief risk officer. East will be responsible for the fund's member operations portfolio, member service ...

Super funds pursue merger, chief executive chosen

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
A year on from confirming merger discussions, Active Super and Vision Super have signed a Heads of Agreement and selected the chief executive of the combined fund. The two funds first signed a Memorandum of Understanding in June 2022. Today, they confirmed ...

IFM, ISPT explore merger options

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
IFM Investors and ISPT have confirmed that a merger is potentially in the works, prompted by the request of its shareholders. The industry super fund-owned IFM Investors and ISPT said in a joint statement that: "A potential merger recognises that IFM ...