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Showing 251 - 260 of 689 results for "Mergers"

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 ...

Industry funds pool $61bn of assets

KARREN VERGARA  |  THURSDAY, 11 FEB 2021
... Robertson flagged, describing the partnership as a "win-win" for all members. Maritime has kept its doors open to potential mergers in the past. In 2011, it considered a merger with TWU Super, but fell through. Hostplus finalised its latest merger with ...

Lazard restructures Australian business

ELIZABETH MCARTHUR  |  FRIDAY, 5 FEB 2021
... firm Carnegie Wylie was acquired by Lazard in 2007. Since then, the corporate advisory firm's work has focussed on mergers and acquisitions. Lazard is yet to clarify whether the restructure will mean many job losses at the firm.

Super fund ESG targets lack clarity: ACCR

RACHEL ALEMBAKIS  |  MONDAY, 1 FEB 2021
... remuneration reports of a company fails to meet expectation; opposing corporate divestments of fossil fuel assets, and mergers and acquisitions, unless the ultimate owner is prepared to transition; and/or co-filing and/or supporting shareholder resolutions. ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
... and nomination committees. He was previously a managing director and senior advisor at UBS with a focus on large scale mergers and acquisitions and capital raisings and is currently a non-executive director of Premier Investments, Village Roadshow, Breville ...

Boards suffer from disconnect between risk, strategy

ELIZA BAVIN  |  WEDNESDAY, 20 JAN 2021
... are justified concerns that Australian businesses are not backing themselves," Nyssen said. "Business lending is down, mergers and acquisition deal volumes are down, and share buy backs by listed organisations are up." The research found four key areas ...