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Showing 1391 - 1400 of 2918 results for "Merge"

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
ANZ and NAB painted a bleak profitability outlook for shareholders, flagging massive losses ahead of their 2018 half-year reporting period in early May. ANZ will incur a loss of $632 million from the sale of its life insurance, and pensions and investments ...

WA Super awards admin mandate

KARREN VERGARA  |  THURSDAY, 19 APR 2018
... compliant, suit their business and ready to go when they need to," Korchinski said. Last September, WA Super announced it will merge with Concept One to create Western Australia's only not-for-profit, public offer superannuation fund. On 9 February 2018 ...

WHSP appoints new chief financial officer

KANIKA SOOD  |  MONDAY, 16 APR 2018
Washington H. Soul Pattinson and Company has appointed a new chief financial officer after the incumbent resigned from the position. The post will be filled by David Grbin, who most recently was the CFO of Grays eCommerce. Grbin has worked in various ...

CountPlus firm acquires NSW practice

ALEX BURKE  |  FRIDAY, 13 APR 2018
A CountPlus financial planning member firm will acquire 100% of a New South Wales accounting practice. Robson Partners will acquire Walker & Andrews with the process finalising on May 1. CountPlus described the acquisition as "earnings-accretive" for ...

Evans & Partners vet launches new boutique, appoints distribution head

ALEX BURKE  |  THURSDAY, 12 APR 2018
The former head of international equities at Evans & Partners has launched a new boutique and appointed a head of distribution from J.P. Morgan, flagging further hires over the next 12 months. Stephen Arnold, who managed more than $1 billion at Evans ...

AIST president and board director switch seats

KANIKA SOOD  |  THURSDAY, 12 APR 2018
Australian Institute of Superannuation Trustees president David Smith is leaving his post after a two-year term and a board director has climbed up to the fill the presidency. Catherine Bolger will be AIST's new president. She has been a board director ...

Two industry funds merge

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Two industry superannuation funds will merge to create a $10.3 billion superannuation fund with about 125,000 members. NGS Super and QIEC Super will operate as one entity from 1 November 2018; QIEC Super will become a subdivision of NGS Super in the ...

Merged super funds save $30m for members

KARREN VERGARA  |  WEDNESDAY, 4 APR 2018
Members of two newly-merged industry funds are due to reap cost savings of $30 million per year once the transition finalises on May 12. Sunsuper and Kinetic Super announced in April 2017 the consolidation will result in a single fund with more than ...

Active managers must explain value better: Formica

DARREN SNYDER  |  TUESDAY, 3 APR 2018
The co-chief executive at a $484 billion (US$370bn) global asset manager believes the industry can take lessons from Shrek and vacuum manufacturers to improve storytelling and customer service. Speaking at a media lunch in Sydney last week, Janus Henderson ...

Less than half of all super funds are gaining new members

ALEX DUNNIN  |  THURSDAY, 29 MAR 2018
APRA released its 2017 superannuation fund level statistics and it shows that of the 170 funds included in their report, less than half experienced growth in net new membership. Reinforcing the growing dominance of not-for-profit super funds, they accounted ...