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Showing 421 - 430 of 3847 results for "Plans"

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... Securities Services as its new custodian after a seven-month search, breaking ties with NAB Asset Servicing (NAS) as it plans its exit. The $6.7 billion industry fund's decision to award the new mandate to Citi Securities Services follows NAB Asset ...

Industry funds gear up for brand transformation post-merger

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... with an ongoing focus on growth in a particular industry or workplace sector." Meanwhile, Mine Super and TWUSUPER announced plans to provide more details early next year on their merger progress. In September, the funds cemented their commitment by signing ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... on its licence, citing "significant deficiencies" in its cyber processes and protections. 6) Qantas Super confirms merger plans (September 25) Following speculation, and amid all the drama at the airline, Qantas Super was forced to come clean and admit ...

Australian Retirement Trust selects chief executive

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2023
... Marsh McLennan chair of Australia. He began his career at AMP in 1987, working on the administration of endowment retirement plans, moving up the ranks to become managing principal, consultancy services before joining Mercer in 1998. To be based in Brisbane ...

Local investors continue to flock to ETFs: VanEck

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... of respondents, with international shares following closely at 50%. Meanwhile, a small minority (14%) have no investment plans for next year. VanEck noted that these investment trends closely mirror last year's patterns, indicating sustained investor ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... governments around the world to give retail markets better accessible to private market managers. Opening the 401K pension plans in the US and the UK's defined contribution schemes are examples. In Australia, Haigh said private wealth advisers appear ...

Global X accelerates push to leapfrog local rivals

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
... Metcalf said the firm is determined to lead the way in delivering an improved investment experience for Australians, with plans to expand its local ETF market share (4%) through strategic growth initiatives in the coming year. "Our current line-up is ...

Coastal Advice Group expands reach

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... team of 15 advisers and serve over 2000 clients, with funds under management (FUM) exceeding $1 billion. The firm said it plans to further expand through strategic hires, bringing the estimated team size to 50. It has also teased a potential merger with ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
Qantas Super recently provided an update as to its merger plans, including the appointment of a dedicated committee and an outline of the three key issues forcing its hand. In September, the $8.4 billion fund confirmed it was exploring its options in ...