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Showing 11 - 20 of 630 results for "Mergers"

Consultation begins on new merger notification thresholds

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... productivity. Treasurer Jim Chalmers said in a joint statement said that they're designed to ensure the ACCC is informed of mergers most likely to be anti-competitive, while minimising the overall compliance burden on businesses. The new rules will trigger ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... share. Raiz said the money will be used to build out its artificial intelligence language model and for potential future mergers and acquisitions. It also wants to increase operational efficiency and reduce costs via automation and enter into white-label ...

ART executive takes lead super role at Insignia

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... officer for a year. In these roles, he played a key role in the fund's inorganic growth strategy, including recent mergers with Commonwealth Bank Group Super, AvSuper, and Australia Post Superannuation Scheme. Prior to ART's creation, he was ...

Remediation professionals told to temper expectations

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... re-enter the market, and many had to step back in seniority." Meantime, the report found that super fund consolidations and mergers, as well as external market pressures, saw funds management organisations face challenges but said Australia has fared ...

Brighter Super posts 9.07% returns for its default option

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
... deliver the benefits of the merger of LGIAsuper and Energy Super and the acquisition of Suncorp Super to members. "The mergers allowed us to pick the best possible services and products from the three merged funds and added liquidity to the portfolio ...

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
... transitions team and extensive experience gained from supporting the local superannuation industry with several key strategic mergers." J.P. Morgan head of securities services sales for Australia and New Zealand Nick Paparo said that Spirit Super's decision ...

Australian Retirement Trust people chief to depart

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
... joined ART in August 2021. She has had 35 years of experience in organisational development, human resource management, mergers and transformational culture change across diverse industry sectors. Previously, she held senior roles at Queensland Rail ...

Most in-demand skills for financial services workers

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... wealth management sector have been steady but subdued, with many organisations experiencing leadership changes due to mergers, consolidation, and acquisitions. "These member funds are still focused on improving retention levels and digital transformation ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... efficiencies and synergies due to the realisation of economies of scale. "Further, it is important that super funds undergoing mergers/SFTs commit to appropriate levels of operational synergies, timing/phasing of synergy realisation and a disciplined ...

Platform reveals advice firms' top issues

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... management included human resources, workflow, process design, succession, referrals, outsourcing, efficiency, practice mergers and acquisitions, and compliance. Within advice technology, advisers commonly shared tools and processes that have improved ...