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Showing 241 - 250 of 2362 results for "merger"

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... Retirement Trust (ART). Subject to final assessments of members' best financial interests and equivalency rights, the merger would see Qantas Super's $9 billion in funds under management (FUM) and 26,000 members transfer to ART. Qantas Super ...

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
Spirit Super, which is on track to be the successor fund to CareSuper after a planned merger this year, has replaced its custodian, NAB Asset Servicing. The $30 billion industry fund, which has over 350,000 members, will now receive global custody and ...

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024
... electrolysers, which also has backing from Clean Energy Finance Corporation and Hostplus. TelstraSuper is currently exploring merger opportunities, with its board saying the fund should embrace a new identity that is separate to the Telstra Group, given ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
... Super as a member and chair. "She oversaw the growth of the Mercer Super Trust (MST), including last year's successful merger of BT Super into the MST," he said. Minto joined the board in April 2021 and has 45 years' experience in financial services ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... The restructure announcement follows speculation that Insignia Financial has engaged Citi to field and review a potential merger or acquisition by a private equity firm. Following an article in the AFR, the ASX queried Insignia Financial over the news ...

Telstra flags ditching venture capital arm

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
... Telstra Enterprise," she said. Meanwhile, Telstra is looking to offload TelstraSuper, announcing it is on the hunt for a merger partner.

Australian Retirement Trust people chief to depart

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
Australian Retirement Trust (ART) has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year. The superannuation fund's business partnering lead Kylie Robinson will step into the role in an ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... legislation, slamming a sub-set of financial advisers using social media posts and cold calling to drum up business. Prior to its merger, the Australian Institute of Superannuation Trustees (AIST) was lobbying for anti-hawking legislation to be extended ...

Funds SA names interim investment chief

ELIZABETH FRY  |  WEDNESDAY, 12 JUN 2024
... investment team, coming across from AustralianSuper where he was an investment manager, a role he took on following its merger with AGEST Super. He previously held senior roles with Warakirri Asset Management and Equip Super.

Most in-demand skills for financial services workers

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
Recruitment at all levels across most categories in the financial services industry has been lacklustre over the 2023/24 year, but there are some skills highly in demand, according to new data from Perceptor. The one exception has been insurance, which ...