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Showing 11 - 20 of 2395 results for "Merger"

Superannuation assets inch to nearly $4.8tn

KARREN VERGARA  |  TUESDAY, 1 SEP 2026
Total superannuation assets hit nearly $4.8 trillion in the last financial year, marking a 9% rise, namely driven by the rise of industry funds. APRA's newly released statistics for the year ending June 30 showed Australians' retirement savings ...

Kaplan winds up pooled super trust

KARREN VERGARA  |  MONDAY, 31 AUG 2026
Kaplan Funds Management has shuttered its $12.6 million Kaplan Pooled Superannuation Trust (PST) amid merger pressure from prudential regulator APRA. As trustee, Diversa Trustees told investors the move reflects the rising costs and compliance obligations ...

MFG profit falls 47% as Barrenjoey lifts combined earnings

VINNY VUCAGO  |  THURSDAY, 27 AUG 2026
... outflows. Statutory NPAT was also affected by a $38 million fair value on MFG's fund investments and $11 million in merger and integration expenses. The results mark the first reporting period following MFG's merger with Barrenjoey, which has ...

Australian Unity names chief of staff, marketing lead

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2026
Australian Unity made two new senior hires, one of whom is the chief of staff while the other will lead the customer and marketing division. Antony Strong is the new chief of staff as well as general manager for strategy and alignment. Strong worked ...

Phil Anderson to retire at the upcoming FAAA Congress

MATTHEW WAI  |  WEDNESDAY, 26 AUG 2026
... the broader profession," Abood said. "His leadership as chief executive of the AFA was a key element in the successful merger of the AFA and FPA to create the FAAA. In his combined 13 years of service across both organisations, he has made a lasting ...

L1 Group profit jumps 97%, raises post-merger synergy target

RIDDHIMA TALWANI  |  MONDAY, 17 AUG 2026
... fully franked, bringing total dividends declared for FY26 to three cents per share. L1 Group formed last year through the merger of L1 Capital and Platinum Asset Management. It aimed a cost reduction of $30 million to 35 million as it looked to capitalise ...

Prime Super, Aware Super explore potential merger

MATTHEW WAI  |  TUESDAY, 4 AUG 2026
... comprehensive due diligence process to ensure the proposed SFT is in the best financial interests of their respective members. The merger presents a potential to provide "stronger retirement outcomes, enhanced financial guidance and advice, and a member ...

Special Feature: Beyond safekeeping

BRENDAN SWIFT  |  MONDAY, 27 JUL 2026
Bigger funds demand bigger capabilities. As Australia's super sector moves towards the trillion-dollar era, custodians are stepping out of the shadows and into a more strategic role, with data stewardship, private markets expertise and AI capability ...

Viridian promotes to investment team, launches Infinity

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
Viridian Financial Group announced three promotions to its investment leadership team as it merges its asset management and private wealth businesses under a single unit called Infinity. Viridian has brought together Infinity Asset Management and its ...

NGS Super names head of strategy

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... advise the fund's executive team on strategic priorities, market and regulatory developments, partnerships and potential merger and acquisition opportunities. He spent 25 years at consulting firm WTW, most recently as head of retirement solutions ...