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Showing 511 - 520 of 2368 results for "merger"

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... now more nuanced, and APRA chair Wayne Byres is leading the charge. Still, while the regulator says it no longer has a merger agenda, Watson goes on to say that dealing with sustainability and investment returns will continue to be hugely important. ...

Aware Super appoints new chair

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2022
... Cochrane, which is the maximum allowed. He was appointed chair of First State Super in 2014 and retained the role through its merger with VicSuper. Replacing him, the fund has appointed Sam Mostyn as independent chair, effective March 2023. "After a ...

ART chair steps down

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... will remain a non-executive director on the board until November 30. Fraser became a director upon the completion of the merger. Luke served as chair of QSuper prior to the merger and is also a former chief executive of Sunsuper, having led the fund ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... counterparts. Taylor predicts a bit of a reset. "There could be a bit of a rethink - that the regulator will see some value in the merger of similarly sized funds where they can provide a niche level of service and improve their cost ratios," he says. ...

More consolidation is needed, says Diverger chief

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
Diverger managing director Nathan Jacobsen believes more consolidation must happen within the financial advice industry. "I think we are one of the larger service providers and yet, by listed company standards, we're small," he explained in a recent ...

Managed funds industry records $16bn net flows

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
... with the highest net inflow was the Dexus Wholesale Property Fund with $3.3 billion. "This was primarily the result of the merger between the Dexus fund and the AMP Capital Diversified Property Fund, which added $3.5 billion to the size of the fund," ...

AFA president positive on industry outlook

ANDREW MCKEAN  |  WEDNESDAY, 21 SEP 2022
... support proposals related to non-relevant providers being able to provide financial advice. In closing, referring to the merger between the Financial Planning Association of Australia and AFA, Perera said he is extremely enthused about the organisations' ...

QIC adds to multi-sector private debt team

ELIZABETH FRY  |  WEDNESDAY, 21 SEP 2022
QIC's multi-sector private debt team is expanding with the appointment of Carlo Lucci as an associate director. Lucci has a background in leveraged finance, corporate and institutional banking, private credit, mergers and acquisition transaction ...

FPA Congress a chance to 'reunite, reset'

CHLOE WALKER  |  FRIDAY, 16 SEP 2022
... result of the vote is known. The AFA's national conference is taking place next week. Whether members vote in favour of the merger, the Congress will be a critically important venue to discuss the implications for members and the profession, the FPA ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... comparison tool, including its implementation and operation, and whether it should be extended. Turning to the topic of merger activity having accelerated because of Your Future, Your Super, Jones said for the most part this has been a good thing, particularly ...