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Showing 1311 - 1320 of 6236 results for "MER"

QIC names Frawley's successor

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
Following a global executive search, QIC has named its new chief as the incumbent steps down next year. Lendlease group head of investments Kylie Rampa will commence as QIC's chief executive in April 2022 as Damien Frawley caps off 10 years with ...

BT closes self-licensee business

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
BT will shutter its Practice Principals' Community (formerly known as BT Select or BT Open), with the head of the offering to depart BT to start an independent service for self-licensed practices. Kon Costas, who has been with BT for a decade and ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
Only a handful of Aussies whose super fund failed the inaugural performance test have taken action and closed their accounts, according to APRA. Analysis by the prudential regulator shows that of the one million member accounts in products that failed ...

Licensee chair steps down

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
The founder and chair of a licensee will step down from executive duties at the end of the year. Fortnum Private Wealth announced that Ray Miles will retire but will continue serving as non-executive chair. He will provide counsel to the board and leadership ...

AustralianSuper, LUCRF push ahead on merger

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
The boards of $7.4 billion LUCRF Super and $230 billion AustralianSuper have approved a Heads of Agreement as they continue to advance discussions towards a merger. This agreement follows the successful completion of due diligence by the two funds and ...

PM Capital forges ahead with LIC merger

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
PM Capital is urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital Asian Opportunities Fund (PAF). This follows a Federal Court order that states PAF should convene and hold a meeting with its shareholders ...

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
Some members of Australia Post Super Scheme (APSS) will enjoy reduced insurance premiums as the fund makes several alterations. The $8 billion APSS informed members that there will be a few changes to investments, strategic asset allocations and group ...

Goldman Sachs promotes five in ANZ

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
Five individuals at Goldman Sachs in Australia and New Zealand have been promoted as part of the firm's global managing director class of 2021. In an internal memo, Goldman Sachs Australia chief executive Simon Rothery congratulated Andrew Boak, Andrew ...

Equip, corporate fund merger complete

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Equip has finalised its latest successor fund transfer, adding $765 million to its funds under management. The fund's merger with BOC Super was official as of November 1, with Equip welcoming about 3000 new members in the process. BOC is a supplier ...

HNW advice firm joins William Buck

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
A high-net-worth financial advice firm formerly licensed by Hillross Financial Services has merged with William Buck. Brisbane-based Hillross Montefiore & Co. operated under the banner of William Buck as of yesterday. Director and private client adviser ...