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Showing 1 - 10 of 42 results for "Heads of Agreement"

QSuper, Sunsuper unveil rebrand

KARREN VERGARA  |  MONDAY, 6 DEC 2021
... announcement of the merged fund's name is an important step forward in the merger process since the signing of a Heads of Agreement in March this year. "Australian Retirement Trust captures the key elements of our proposed organisation: our fund ...

UniSuper, Australian Catholic Super exploring merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
... to continue to secure the financial futures of our members." The next stage in the merger process would be a Heads of Agreement, not expected until the second quarter of 2022. "UniSuper does not aim to be the biggest fund, it aims to be the best, exceeding ...

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 ...

Industry fund chief executive to step down

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
... confirmed in June. Hostplus is also in the process of merging with Statewide Super, with the two signing a Heads of Agreement in August.

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
... planners by video conference." ACSRF is currently working towards a merger with NGS, with a view to signing a Heads of Agreement shortly. If confirmed, the funds will look to merge early next year.

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
... agreement to explore a merger following a short period of discussion. Hostplus and Statewide Super have signed a Heads of Agreement, with a note on the former's website dated last week confirming the "important milestone". If successful, the combined ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... independent review's report. ASIC has agreed to not seek any further declarations on contraventions by DASS. The heads of agreement still needs court approval. "The board of EP1 views this as an important step towards resolving the legal proceeding ...

Industry funds flag $77bn merger

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
... Statewide Super said formal discussions are in the works and that they intend to shortly sign an exclusive Heads of Agreement. This marks the third time this year Hostplus has joined forces with other industry funds to either merge or pool the assets ...

QSuper makes changes ahead of merger

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... have been notified of a few changes ahead of its merger with Sunsuper. After QSuper and Sunsuper executed a Heads of Agreement, confirming their intention to merge and create a $200 billion super fund in March, QSuper has now updated a number of its ...

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... all time periods mentioned. Last month, the Australia Post Superannuation Scheme (APSS) signed a non-binding heads of agreement to explore a merger with Sunsuper, which is committed to a merger with QSuper to create a $200 billion plus fund. Also last ...
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