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Showing 21 - 30 of 2092 results for %22Merger%22

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... led the default retirement products with returns of 9.6% and 7.2% over one and three years, respectively. Following its merger with Mine Super, expected to complete by mid-2024, TWUSUPER will rebrand as Team Super. Brighter Super also stood out, securing ...

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
Assistant treasurer and minister for financial services Stephen Jones has issued life insurance regulations that aim to modernise the legislative framework. The Life Insurance Regulations 2024 establishes a threshold for annuities, dictating that the ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
ANZ has had a significant legal win on appeal, with its proposed $4.9 billion acquisition of Suncorp's banking arm given the go-ahead. The decision to authorise the takeover was handed down this morning by the Australian Competition Tribunal (ACT) ...

Count posts positive results ahead of Diverger takeover

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... has been further boosted by its Affinia transaction in May 2023, the integration of which is progressing. Ahead of the merger, Count has $17.9 billion in funds under advice. With Diverger, this will grow to $30 billion. In February, the group acquired ...

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... Performance, underscored by mergers and stiff competition. Using APRA data of the 2022-23 financial year, Perple found that merger activities drove most of the movement in member numbers. Mercer recorded a whopping 181% jump in membership growth - the ...

Aware Super restructures executive team

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
... responsible for fund mergers - will now report to Travis in the new executive structure, focusing on enhancing the value to merger partners. Aware Super chief of staff and group executive for Victoria, Karina McPhee, will lead a newly created communications ...

Novigi completes QMV Solutions deal

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2024
Novigi has formally acquired QMV Solutions, including the latter's Investigate DQ software, for an undisclosed figure. Novigi delivers data and technology services to financial services companies including Mercer, Link and Vanguard Super. It said QMV ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... equities business over to SG Hiscock. The value of abrdn's shares have more than halved since the company was created via a merger of Aberdeen Asset Management and Standard Life in 2017.

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... responsible entity for Newmark Property REIT (NPR), have agreed to merge, subject to shareholder approval. Under the proposed merger, real estate investment trust BWP will offer to acquire 100% of NPR's securities via an off-market takeover offer ...

Super fund satisfaction improves: Roy Morgan

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... Catholic Super, Active Super merging with Vision Super, Hostplus merging with Statewide, Sunsuper and QSuper formalising their merger to become Australian Retirement Trust, and many others. "Roy Morgan has extensive data on the impacts these mergers ...