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Showing 501 - 510 of 689 results for "Mergers"

Asset Super and CareSuper merger set for October

MELANIE TIMBRELL  |  MONDAY, 3 SEP 2012
... Services and Superannuation Bill Shorten announced earlier this year that the Government would extend optimal loss relief for mergers of complying superannuation funds until 2017. Last month Minister Shorten released draft legislation for consultation ...

We're not obsolete: Brokers defend their patch

BEN COLLINS  |  MONDAY, 27 AUG 2012
Despite a flurry of recent mergers, courtesy of reduced appetite for equities, regulatory changes and market volatility, the role of Australian stock brokers is far from obsolete. That's the view of Andrew Coppin, managing director of listed broking ...

CGT relief for super funds backdated

LINDA HAUSKEN  |  MONDAY, 6 AUG 2012
... Government about the impact on fund members. "Some fund members would have taken a direct hit on their accounts if fund mergers which occurred from 1 October 2011 were not provided the capital gains tax (CGT) relief for funds carrying capital losses," ...

Hyperion builds investment team

BEN COLLINS  |  THURSDAY, 5 JUL 2012
... Hyperion's research capabilities. He joins Hyperion from PricewaterhouseCoopers where he spent five years, most recently in the mergers and acquisitions team. According to Hyperion chief investment officer, Mark Arnold, Hartnell's track record in financial ...

StatewideSuper, Local Super complete merger

BEN COLLINS  |  WEDNESDAY, 4 JUL 2012
... gains tax relief measures, said Pauline Vamos, Association of Superannuation of Australia (ASFA) CEO. "Superannuation fund mergers have the capacity to deliver benefits to superannuation fund members through the ability to generate economies of scale," ...

AGEST merger put on hold

BEN COLLINS  |  FRIDAY, 29 JUN 2012
... superannuation Bill Shorten, said that the measures "removes a barrier that would have prevented otherwise sound superfund mergers from proceeding." "We haven't abandoned the merger, we are just waiting until the legislation goes through," said AGEST ...

FINSIA appoints new president

BEN COLLINS  |  FRIDAY, 25 MAY 2012
... well deserved." Birch is an executive director of Macquarie Capital Advisers in Sydney with over 20 years experience in mergers and acquisitions, specialising in the financial services sector. "We have seen Finsia develop through substantial changes ...

AustralianSuper wins landmark IBM mandate

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
... has chosen us. That goes to our governance, performance, brand and capability, because we have engaged in a number of mergers and transitions." The IBM transfer, together with the planned AGEST Super merger, will take AustralianSuper to more than two ...

CGT relief paves way for super mergers

MELANIE TIMBRELL  |  TUESDAY, 24 APR 2012
... will receive capital gains tax relief in the upcoming Budget, opening the way for the finalisation of a raft of proposed mergers, particularly in the not-for-profit superannuation space. Minister for Financial Services and Superannuation, Bill Shorten ...

Calls for CGT merger relief

ELISE BURGESS  |  FRIDAY, 13 APR 2012
Lack of clarity around the Government's intention for providing capital gains taxation relief for superannuation mergers is damaging members and limiting MySuper outcomes, according to AustralianSuper and ASFA. With the rising trend of super fund mergers ...