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Showing 541 - 550 of 689 results for "Mergers"

Shorten ups Trio super levy to $750,000

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
... new calculation method based on cost per member instead of the current method of funds under management. "With increased mergers on the cards, the gap between the biggest and smallest funds is likely to increase and require a re-think on the current ...

JBWere new chair

ELISE BURGESS  |  FRIDAY, 20 MAY 2011
... director, chief financial and board member at NAB, with previous roles of chief financial officer and head of strategy and mergers and acquisitions for Citigroup's Global Wealth Management business, based in New York. "Mark has a distinguished career ...

Regulators cautioned on world exchanges

ELISE BURGESS  |  TUESDAY, 10 MAY 2011
... Australian Securities and Investments Commission, has warned regulators of the dangers of misunderstanding stock exchange mergers speaking at an international conference for the last time as chairman. At the 2011 International Options Market Association ...

NGS Super merger too late for tax relief

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
... understanding to create a combined $4.4 billion fund. The optional capital gains tax (CGT) roll-over for capital losses for mergers of complying superannuation funds expires on September 30. "The impacts of missing the deadline should not be major if ...

Super funds win merger tax relief

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
... not intend to extend the temporary loss relief any further. "A modest extension of the loss relief will allow existing mergers to be completed in an orderly fashion, which assists fund members," Minister Shorten said. Pauline Vamos, chief executive of ...

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
Life insurers predict dealer groups will create their own super products or be taken over by wealth managers while direct insurance will get a boost from new FOFA reforms. Life insurers and financial planners alike have responded with mixed reactions ...

BNY Mellon upgrades asset servicing

MICHELLE BALTAZAR  |  TUESDAY, 19 APR 2011
... dealers. It also updates users of the system with notifications of events from BNY Mellon's mutual fund clients such as mergers, liquidations, bad prices, new funds and conversions. "Whether it is business intelligence or enhanced reporting, the timely ...

Super mergers drive new trends in asset consulting

MATT WOODINGTON  |  FRIDAY, 1 APR 2011
... decision-making when we really needed to implement our ideas as quickly as possible, especially in the world today." How mergers affect consultants Meanwhile, Ian Patrick, chief executive officer of JANA, the number one ranked asset consultant by size ...

Credit unions and super funds show same merger trends

ALISON BEVEGE  |  WEDNESDAY, 30 MAR 2011
... sector consolidates, Australian Central Savings & Loans director Terry McGuirk said yesterday. Speaking at a forum on fund mergers at the Conference of Major Super Funds, McGuirk said industry consolidation was inevitable. "In 1975 there were over 800 ...

Offshore fund managers tap Northern Trust

ELISE BURGESS  |  FRIDAY, 25 MAR 2011
... fund managers pooled funds looking to outsource admin custody. "We are in a great spot to provide that," said Hester. Mergers and consolidation within the super industry highlights the opportunity for custody service providers as funds are now evaluating ...