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Showing 191 - 200 of 349 results for "Pillar"

Mercer appoints chief customer officer

ALEX BURKE  |  THURSDAY, 22 DEC 2016
... consultant at Colonial First State. The leadership shuffle follows two major developments at Mercer: first, the group acquired Pillar Administration from the NSW Government for $35 million; and most recently it partnered Virgin Super with a view to creating ...

Advice practices pass health check

DARREN SNYDER  |  WEDNESDAY, 14 DEC 2016
Financial advice firms are better equipped to face future challenges following an industry shift from passive to actively managed businesses. This is one of several findings from a joint report released by Zurich and the Beddoes Institute, which goes ...

Virgin Super sees Mercer takeover

DARREN SNYDER  |  TUESDAY, 13 DEC 2016
... for us to service the micro, and small-to-medium employer markets." The takeover follows Mercer's recent acquisition of Pillar Administration and signifies the wealth management firm upping it stakes in the trillion-dollar super system. Virgin Money ...

Watermark closes IPO for market neutral LIC

ALEX BURKE  |  TUESDAY, 13 DEC 2016
... result. WGF represents Watermark's third and largest LIC raising to date and we are excited about the global LIC as a key pillar of growth of the Watermark business," Watermark chief investment officer Justin Braitling said. "WGF gives investors the ...

Coin flipping better than macro forecasts

ALEX BURKE  |  FRIDAY, 9 DEC 2016
Using macroeconomic forecasts to predict global politics isn't too far from flipping a coin, according to Prime Value Asset Management portfolio manager ST Wong. Pointing to the Brexit surprise and Donald Trump's election, Wong said: "You may have more ...

Pillar sold to Mercer

DARREN SNYDER  |  FRIDAY, 2 DEC 2016
Mercer is upping its stakes in superannuation administration by acquiring Pillar from the NSW Government for $35 million. The deal establishes Mercer as one of the largest outsourced superannuation providers in Australia, increasing funds under administration ...

Link makes Pillar bid

DARREN SNYDER  |  FRIDAY, 11 NOV 2016
Giant superannuation administrator Link Group has submitted a binding proposal to acquire Pillar Administration from the NSW government. In the past month Link has worked closely with the Australian Competition and Consumer Commission (ACCC) in developing ...

Asia-Pacific leads global HNW population and wealth

KERRIE SYDEE  |  FRIDAY, 14 OCT 2016
The Asia-Pacific region is now the leading region for high net worth individuals (HNWI) wealth, according to the 2016 Capgemini Asia-Pacific Wealth Report. In 2015 Asia-Pacific HNWI wealth grew by 9.9% to US$17.4 trillion, a growth rate 5.8 times the ...

Doubts over Link bid for Pillar

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2016
The Australian Competition and Consumer Commission believes the sale of Pillar Administration to Link Group would reduce competition in superannuation. The commission said the sale would entrench Link's dominant position in super administration, resulting ...

Howard: Bank scrutiny "strange"

KERRIE SYDEE  |  THURSDAY, 6 OCT 2016
The scrutiny of Australia's big four banks has been labelled "strange" by former Prime Minister John Howard, who heralded the institutions as one of four pillars that guided Australia through the Global Financial Crisis. Howard was the first plenary ...