Search Results | Showing 11 - 20 of 29 results for "Super fund merger" |
| | | ... partner Catherine Nance has told the AIST virtual conference that it's not unusual for the total cost of a super fund merger to reach 10 basis points, a cost that has a greater impact on smaller funds as they could see their reserves wiped out overnight. ... |
| | | | ... professionals," McGilton said. "We have also observed limited redundancy due to structural changes, notably one major super fund merger." Roughly one quarter of the financial services businesses surveyed actually said COVID-19 had no real impact on their ... |
| | | | Speaking to Financial Standard, Hostplus chief executive David Elia has said it's the super funds with higher average account balances that should be worried about the impact of the early release scheme. Hitting back at public commentary suggesting ... |
| | | | Senator Jane Hume has denounced mergers between super funds with similar membership bases, saying concentrated memberships can make funds weak and smaller funds should look to emulate the likes of AustralianSuper and Sunsuper. In an address to the AFR ... |
| | | | Two industry super funds have pushed back the date for their merger due to the COVID-19 global crisis. Tasplan and MTAA Super were initially scheduled to merge on 1 October 2020, but have now extended the timeline to finalise the deal until 31 March ... |
| | | | Mega-funds are on the rise and as further super fund mergers are expected to continue into 2020, the question of capacity needs to be addressed, according to SG Hiscock managing director Stephen Hiscock. "In terms of the mega-funds, we have seen a lot ... |
| | | | ... bigger one with more assets and members. The Royal Commission's public hearings examined two case studies about super fund merger proposals. In both cases, the merger discussions were derailed by who would get a seat on the table at the new merged fund's ... |
| | | | Sunsuper is set to merge with a $2.5 billion industry fund in early 2019. In a joint statement, Sunsuper and AustSafe Super have signed a Successor Fund Transfer Deed. Both established 30 years ago, AustSafe is the super fund for rural and regional ... |
| | | | Equity Trustees is entering a partnership to facilitate a $5.2 billion superannuation fund merger. Under the terms of the partnership, and subject to approval from the two funds' respective trustee boards, EQT's The Executive Superannuation Fund and ... |
| | | | The market share consolidation of Australia's four biggest wholesale insurers (TAL, AIA Australia, CommInsure and Metlife) is offset by declining profits in the long-term, according to Rice Warner's Wholesale Risk Insurance Report. The "big four" group ... |
|