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Showing 471 - 480 of 689 results for "Mergers"

Platforms hit $445bn record

ALEX DUNNIN  |  WEDNESDAY, 25 SEP 2013
... Rainmaker survey albeit they said there has been some fragmentation of the advisory group sector due to the reaction to mergers and acquisitions. However, the number of advisers decreased 389 through the year to 17,886, the lowest number in nearly five ...

Accounting and advice practices likely to increase mergers

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
... changes that allow accountants to provide financial advice under a limited licence are likely to increase the appetite for mergers and acquisitions between accounting and advice practices. "The accounting industry's foray into the planning industry is ...

Kenyon Partners renames to Connect Financial

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... owners and advisers seek to exit the industry and retire. Connect is also confident that advice firms will be outsourcing mergers and acquisitions due to the complexity of this kind of operations.

M&A drives SFG double digit growth

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Mergers and acquisition activity during recent months have deliveredA double digit earnings growth for SFG Australia. SFG saw a 15% increase on its operating earnings before interest, taxes, depreciation and amortisation (EBITDA) to $48.1 million for ...

PM Capital boosted by beer and Las Vegas property

MARK SMITH  |  WEDNESDAY, 14 AUG 2013
... chance to buy into European beer companies such as Heineken, Anheuser-Busch and SABMiller after a run of unsuccessful mergers in the sector saw prices fall by up to 50%. "We play into the biggest themes following crises," explained Pittard. We aim to ...

FoFA could lock advisers into licensees for life

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
... changes are made, the adviser won't be able to benefit from grandfathering commissions. Radar Results, which specializes in mergers and acquisitions alerted that authorised representatives who wish to sell their commission-based financial planning investment ...

Super fund mergers pose capacity problem

MARK SMITH  |  MONDAY, 15 JUL 2013
... operate under strict capacity constraints because greater assets under management dilute this flexibility. Large super fund mergers, such as the recent multi-billion dollar tie-up between First State Super and Health Super and Care Super's takeover of ...

Advisers face shrinking market as super funds merge

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... place," Wilcocks, who is an expert in superannuation law, told Financial Standard. But she said that in many cases, these mergers look more like takeovers. "Usually the outcome will be the service providers of the dominant fund will be the winners, and ...

Fund CEOs slam MySuper as 'death by a thousand cuts'

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
... disengaged will stay disengaged." Another called it a "death by a thousand cuts." The majority saw the legislation leading to mergers. "Medium-sized funds will spend the next five years figuring out who to merge with," one respondent said. As most funds ...

Investment strategy differences derail super merger talks

JAMES FERNYHOUGH  |  WEDNESDAY, 5 JUN 2013
... comes a long, we would be interested." Vision Super, on the other hand, will be concentrating on what Rowe called 'soft mergers'. Rowe said Vision Super's PST is already up and running, allowing funds to "get economy of scale without a full merger. Quadrant ...