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Showing 1341 - 1350 of 2917 results for "Merge"

Industry funds grows governance, risk teams

JAMIE WILLIAMSON  |  MONDAY, 20 AUG 2018
A $15 billion industry superannuation fund recently strengthened its governance, risk and project management capabilities, hiring eight new team members in the process. Equipsuper is welcoming Georgia Schofield to the role of governance manager, in ...

Hayne sees red over failed merger

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... with the merger, it failed to prioritise members' interest - a similar case to Energy Super backing down on its plan to merge with the now $14 billion Equipsuper. Catholic Super director, deputy chair and member of the board Peter Haysey told the ...

Pengana LIC profitable again

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
Pengana's listed investment company posted solid profits for the financial year, springing back from last year's losses of $23 million. Pengana International Equities (PIA) raked in a total investment income of $40 million, up 260% over the ...

Finding value in Fairfax

JAMIE WILLIAMSON  |  WEDNESDAY, 15 AUG 2018
... presentation together a few weeks ago, we actually feel that we've been quite vindicated seeing as it is now set to merge with Nine. We think this backs our view that there is some latent value there," he said. Despite print media receiving the least ...

Failed industry fund merger laid bare at Royal Commission

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
Energy Super backed down on its plan to merge with the now $14 billion Equipsuper, who wanted no union-nominated board seats for the merged fund, even though the merger would have delivered significant financial benefit to Energy Super's members, the ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
The financial services Royal Commission questioned if MLC's decision to stick with grandfathered arrangements was in the best interest of members following a large consolidation of superannuation funds that provided an opportunity to remove them. ...

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial services Royal Commission will put Australia's $2.6 trillion superannuation system under the spotlight over the next two weeks and legal experts say a key question is whether conflicts of interest are influencing super funds and letting ...

Digital advice, fintech firms merge

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
A B2B digital advice firm co-founded by a former Vanguard Australia executive has merged with a retiree advice platform founded by a former Challenger distribution head. In a deal finalised this morning, SuperEd merged with Retirement Essentials. SuperEd ...

Janus Henderson names sole chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 1 AUG 2018
Janus Henderson is dumping its dual leadership structure, with Andrew Formica resigning as co-chief executive. The ASX-listed, London-based funds management giant has announced the appointment of Dick Weil as sole chief executive of the firm. As a result ...

Sunsuper appoints former AustralianSuper executive

KANIKA SOOD  |  MONDAY, 23 JUL 2018
... of talent that already sits on the Sunsuper board," Fraser said. The appointment comes at a time when Sunsuper is set to merge with the $2.5 billion AustSafe Super early next year, creating a $58 billion super fund with 1.4 million members. Also in March ...