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Showing 11 - 20 of 20 results for "Super fund mergers"

Queensland industry funds merge

HARRISON WORLEY AND JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
... partnership represents a further opportunity to set the gold standard for the industry in terms of best practice for super fund mergers. AustSafe Super's independent chair Henry Smerdon echoed Fraser's sentiments. "This is a particularly well-suited ...

Insurers grow market share at cost of profits

ALEX BURKE  |  FRIDAY, 20 FEB 2015
... market share growth can largely be explained by ongoing aggregation of superannuation funds. "For example, super fund mergers announced over the past 12 months include Sunsuper and Chifley FuturePlus, while PrimeSuper and HIP merged, as did Tasplan and ...

Super fund mergers could risk member attrition

LAURA MILLAN  |  FRIDAY, 16 JAN 2015
Most super fund members would not like their fund to go through any merger activity, according to the CoreData 2014 Member Growth Report. The report asked the question to 858 super fund members and 65.6% said they would not like their fund to merge ...

Super fund mergers pose capacity problem

MARK SMITH  |  MONDAY, 15 JUL 2013
... operate under strict capacity constraints because greater assets under management dilute this flexibility. Large super fund mergers, such as the recent multi-billion dollar tie-up between First State Super and Health Super and Care Super's takeover of ...

Niche mergers have their benefits

JAMES FERNYHOUGH  |  TUESDAY, 14 MAY 2013
Niche industry super fund mergers may have gotten some bad publicity, but they needn't be all bad according to NGS Super chief executive Anthony Rodwell-Ball. A recent survey by NGS Super found member satisfaction with the fund was at 84%, following ...

Business as usual at Mercer

BEN COLLINS  |  THURSDAY, 17 JAN 2013
... build on all the initiatives we were working on last year, such as increasing our specialisation," he said. As super fund mergers become more common, there will be fewer funds but more demand for specialist asset consultants, Eagleton said. "In response ...

Calls for CGT merger relief

ELISE BURGESS  |  FRIDAY, 13 APR 2012
... damaging members and limiting MySuper outcomes, according to AustralianSuper and ASFA. With the rising trend of super fund mergers in the lead up to the introduction of the Government's Stronger Super reforms, the Association of Superannuation Funds ...

A minute to midnight sees super funds merge

ALISON BEVEGE  |  THURSDAY, 21 JUL 2011
... minute - which then had to be audited. In his speech, Russell also revealed a serious problem for interstate super fund mergers: stamp duty legislation. Different states have different rules, which can trigger stamp duty events for the members. "If you ...

Ausbil Dexia Aus equities in high demand

MICHAEL HOBBS  |  TUESDAY, 6 APR 2010
... institutional clients for a long period but had re-opened roughly nine months ago after losing mandates from super fund mergers and consolidation. Those funds were closed again a month-and-a-half ago after gaining some new institutional investment mandates. ...

CGT roll-over relief for super mergers

MEDIA RELEASE  |  MONDAY, 4 MAY 2009
... funds." "The December announced roll-over, which applied from 24 December 2008, removes certain impediments to super fund mergers and these additional changes will remove certain other impediments which have been identified through the consultation." ...
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