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Showing 441 - 450 of 2364 results for "merger"

Industry fund joins the million-member club

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
... growth, for MySuper products, averaged over a three-year period. Accounting for some of this growth, HESTA completed its merger with Mercy Super in December 2022, resulting in 13,000 new members. "We continue to look for growth opportunities that benefit ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
... fell through. Australian Retirement Trust (ART) and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, commencing due diligence immediately. The hope is that the merger, if approved, will complete this year. "The reasons AvSuper ...

HALO acquires UK fund manager

CHLOE WALKER  |  WEDNESDAY, 15 FEB 2023
... an upfront consideration of approximately $174,400, plus a deferred consideration of close to $700,000. As part of the merger, HALO has appointed Karl Hughes as the chief executive of Resilient. Hughes brings over 35 years of experience in financial ...

Mason Stevens welcomes former Iress chief

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
Mason Stevens has appointed former Iress chief executive Andrew Walsh as chair of its board. Mason Stevens chief executive Tim Yule said Walsh brings nearly three decades of experience in financial services to the role. "Including 13 years at the helm ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
... year. According to Fidelity International's annual analyst survey, over the next 12 months, debt defaults will increase, merger and acquisition activity will slow down, and shareholder returns will be subdued. The majority (60%) of analysts surveyed ...

AFA, FPA propose merged entity name

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
Australia's two peak financial advice associations have flagged the new name of the proposed entity should their merger go ahead. The Financial Planning Association of Australia (FPA) and Association of Financial Advisers (AFA) will be known as the ...

AZ NGA buys stake in Melbourne advice firm

CHLOE WALKER  |  MONDAY, 6 FEB 2023
AZ Next Generation Advisory (AZ NGA) has expanded its Victorian footprint, partnering with accounting and advice firm McLean Delmo Bentleys. McLean Delmo Bentleys employs approximately 90 staff across wealth management, accounting, and auditing. As ...

Former association leads push for merger

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
... Association of Financial Advisers and the Financial Planning Association of Australia have unanimously recommended the merger go ahead. In the coming days, members of the associations will soon receive documentation to formally vote on the proposed merger ...

Grow Inc partners with data services firm

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
... it's a unique time for the superannuation sector. "I can't think of a fund that I engage with that is not involved in a merger, considering one, doing a technical re-platforming project or again, considering one. There is a massive amount of data migration ...

AFA, FPA plan joint roadshow

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
Irrespective of the outcome of the upcoming merger vote, the Association of Financial Advisers (AFA) and the Financial Planning Association of Australia (FPA) will host a combined roadshow event across the country this year. The Combined Association ...