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Showing 131 - 140 of 157 results for "Successor fund transfer"

Platform hints at aggressive expansion

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... Aracon," Wright said. "We think it'll go to eight sub-plans. Some will be start up, some could be successor fund transfer, some will be members direct, some will be through a platform and an adviser. We see a real opportunity for us to grow the super ...

Corporate, industry fund merge

JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
... fewer members in future. As of October 1, all DowASF members' benefits were transferred to Equip on a successor fund transfer basis, with the industry fund adding close to $92 million in assets as a result, according to Equip. Confirming the news ...

Industry funds confirm merger

HARRISON WORLEY  |  MONDAY, 23 SEP 2019
... Hostplus and Club Super are set to merge in just over a month, after the two industry super funds signed a Successor Fund Transfer Deed (SFT), marking a significant milestone in the union originally proposed in the beginning of July. Hostplus chief executive ...

Statewide still keen on mergers

KANIKA SOOD  |  MONDAY, 9 SEP 2019
... corporate super funds as potential merger partners. Statewide is also open to considering alternatives to successor fund transfer. "The structure of how you execute a merger [whether it is a successor fund transfer or an extended public offer] is decided ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... is very state specific so that can really cost a lot. Obviously with that the key issue is to get the successor fund transfer working in the right direction. So the advice that you get from your advisors around the stamp duty implication should be a ...

Aon exits advice

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... third stage of the strategic alliance with EQT, following the launch of smartMonday and the $2 billion successor fund transfer in December last year.

Government consults on super legislation

HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
... market-linked pensions under the transfer balance cap where they have been rolled over as a result of a successor fund transfer. The final draft regulation will provide transfer balance cap debit and credit values for the innovative income stream products ...

Sunsuper merges with corporate super fund

KARREN VERGARA  |  FRIDAY, 8 FEB 2019
... McClatchy confirmed contractual arrangements and other necessary approvals have successfully concluded. The successor fund transfer is expected to occur in the latter part of 2019. Mercer is the incumbent administrator, while JANA Investments is the ...

IOOF, ANZ deal not in best interests of members: Morningstar

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... IOOF and ANZ, the research house said its base case remains that OnePath Custodians will not approve the successor fund transfer to IOOF. "Under the circumstances, we believe it will be difficult for the P&I trustee to conclude such a successor fund ...

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... annual coupon rate of 14.4% on the debt note subscribed by IOOF from ANZ in October 2018 be paid until the successor fund transfer is completed. ANZ currently expects this to occur by 1 July 2019. "The contract amendment allows us to continue the work ...