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Showing 241 - 250 of 684 results for "Mergers"

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... Understanding with the $855 million Victorian Independent Schools Superannuation Fund (VISSF). Aware last year, completed mergers with VicSuper and WA Super.

Rice Warner acquired by Deloitte

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... our clients navigate an increasingly challenging environment," Rice said. "We have facilitated numerous successful fund mergers, and are a versatile business with strengths in areas as diverse as group insurance, financial advice and retirement. I am ...

Insider trading four times more common

ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
... stock markets on daily price and trading activity. Putnins and Patel estimate that insider trading occurs in one in five mergers and/or acquisitions and in one in 20 quarterly earnings announcements. These estimates imply that there is at least four ...

Changes on Lazard Aussie equities fund

KANIKA SOOD  |  THURSDAY, 18 MAR 2021
... bronze rating on the fund after the personnel changes. The fund is offered by Lazard Asset Management, which is separate to mergers and acquisitions advisory firm Lazard Australian Financial Advisory. The latter recently announced its plans to reverse ...

Quasi-mergers in APRA's sights

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
The prudential regulator has acknowledged concerns over "quasi-mergers" raised by Senator Andrew Bragg. In a letter provided to Financial Standard, Bragg contacted APRA in February to express concerns over the "quasi-merger" between Maritime Super and ...

Aware Super eyes another merger

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... is underway and expected to be completed in the coming weeks, the funds said. This is just the latest in a long line of mergers for Aware Super. In December 2020 it finalised a merger with WA Super, having also completed its merger with VicSuper just ...

Challenger names chief financial officer

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
... Andrew Tobin last year. Rachel Grimes spent over 20 years at Westpac in several senior finance roles including director of mergers and acquisitions and chief financial officer - group technology. Previously, Grimes was head of product and sales at BT ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... Sims said merger reforms will be a key focus for the consumer watchdog this year, flagging concerns over the increase in mergers in the industry. "Merger control plays a critical role in ensuring that competition is not eroded via mergers. However in ...

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... Australia (SCA) found MySuper fees of merged entities dropped by 13.4% on average. The consumer advocate group looked at eight mergers that occurred in 2019 and 2020; six were single successor fund and two involved consolidating but maintaining two distinct ...

To merge or not to merge?

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... points of discussion at the Association of Superannuation Funds of Australia conference, with MTAA and Aware Super talking mergers. MTAA Super chief Leeanne Turner said that whilst the industry is clearly in a stage of consolidation there is still a ...