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Showing 311 - 320 of 689 results for "Mergers"

Statewide still keen on mergers

KANIKA SOOD  |  MONDAY, 9 SEP 2019
All options are on the table at Statewide Super, including looking at potential retail fund partners, but three-way mergers are too much execution risk, according to chief financial and operating officer Grant Eastwood. Statewide canned plans to merge ...

Who foots the bill when super funds merge?

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Who pays the costs of a merger, REST chair Ken Marshman asked panelists involved in superannuation mergers at the Australian Superannuation Investment Conference yesterday. The panel discussed how mergers will impact the investment strategy of superannuation ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
... the panel, Tasplan chair Naomi Edwards said she has seen the fund go from $2.5 billion to just under $10 billion through mergers in the last four years. She said the total benefits for a smaller super fund may be split as 60% on the administration side ...

Mainstream shelves super admin business

KARREN VERGARA  |  TUESDAY, 20 AUG 2019
... group's $50 million revenue earned in FY19. "It underperformed during the period due to client losses through fund mergers and regulatory changes. It is expected to contribute less than 2% of revenue in FY20," the firm said. Mainstream flagged in ...

Willis Towers Watson buys Aussie broker

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
Global advisory Willis Towers Watson has acquired Risk Capital Advisors (RCA), a specialist mergers and acquisitions broker in Australia, New Zealand, and South Africa. The acquisition is effective immediately, enhancing WTW's offering to clients in ...

Australian equity markets remain clean: ASIC

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... cannot operate with a high degree of integrity if people trade with inside information." "We expect all parties involved in mergers and acquisitions to put in place meaningful confidentiality controls at the start of a transaction - and make sure the ...

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
... said 47% of wealth management employers surveyed indicated they intend to increase permanent staff levels. The firm said mergers and acquisitions, the FASEA exam and moves by the big four banks to move their wealth arms had led to "mass redundancies" ...

LGIAsuper to stand on its own

HARRISON WORLEY  |  TUESDAY, 9 JUL 2019
... responsible for their life savings. But while the fund is committed to finding the best value for its members, Farrar said mergers are off the table. "Investment philosophies and cultures have to align to make a merger successful and we have consciously ...

Super fund appoints investment lead

HARRISON WORLEY  |  MONDAY, 8 JUL 2019
... as its new chief investment officer, bringing with him more than 20 years' experience in super, investment management, mergers and acquisitions and private equity. Hazell joined Crescent Wealth from Sydney venture capital firm Nightingale Partners, where ...

Statewide Super cans merger plans

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... look for ways to deliver greater value, improve returns, and negotiate better insurance cover, and we know that sometimes mergers are the best way to deliver this."