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Showing 3131 - 3140 of 20552 results for "BEN"

Link agrees to $3bn takeover

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
A North American software provider is set to acquire Link Group for $2.9 billion, ousting private equity firm Carlyle Group in the bidding process. Dye & Durham is willing to pay $5.50 for every Link share in exchange for acquiring 100% of the ASX-listed ...

Future Super acquires Aon's super business

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 DEC 2021
Environmentally friendly super fund Future Super has acquired Aon's superannuation business, best known for its smartMonday brand. The fund acquired Aon Solutions, which provides investment consulting and administration and encompasses the smartMonday ...

Hume refreshes super co-contribution laws

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
The government is refreshing its super co-contribution law for low-income earners as the sunset date is due to kick in. Senator Jane Hume released the draft regulation Superannuation (Government Co-contribution for Low Income Earners) Regulations 2022 ...

AMP Capital snaps up malls in $760m deal

CHLOE WALKER  |  MONDAY, 20 DEC 2021
AMP Capital has acquired two destination malls, Pacific Fair on the Gold Coast and the Macquarie Centre in suburban Sydney, in separate deals totalling approximately $760 million. AMP Capital Shopping Centre Fund (ASCF) bought an additional 25% stake ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
Cbus has come to EISS Super's rescue, after the latter was directed by APRA to merge as soon as possible. Cbus and EISS Super have signed a Memorandum of Understanding to complete a merger next year, with Cbus chief executive Justin Arter saying ...

Spirit Super purchases landmark site in Tasmania's largest property deal

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
Spirit Super members have a new asset working for their retirement, with the Parliament Square acquisition now complete. This is Tasmania's largest ever property transaction by value. "We are delighted to have purchased such a high-quality asset in ...

Firetrail Investments launches global equity fund

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
The new fund is led by Patrick Hodgens, James Miller, and Justin Gray, who have worked together for more than 15 years running high conviction investment strategies. The Firetrail S3 Global Opportunities Fund aims to outperform the MSCI Global Index ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
Industry groups have labelled the APRA heatmaps a wake-up call to consumers about the importance of having their superannuation invested in a well performing fund, though there's still doubts as to the accuracy of the regulator's process. The release ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
The annual MySuper heatmap shows 45% of products delivered returns below benchmark this year but there are few surprises, with most being the same products that failed the performance test. The regulator has also shared which funds came close to failing ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal. The prudential regulator slapped retail and industry superannuation funds alike with the lowest grade ...