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Showing 41 - 50 of 2092 results for "Merger"

MLC Life names general manager, remediation

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
MLC Life has hired the man who led Commonwealth Bank's recent $1 billion remediation program to the role of general manager, remediation programs. Ian Fletcher, currently general manager of program strategy, customer remediation at Commonwealth Bank ...

Mercer Super investment chief departs

ELIZABETH FRY  |  FRIDAY, 8 DEC 2023
... contributions during his time at Mercer," the firm said. Both Collocott and Kerr arrived at Mercer in April as part of the merger of BT Super into the Mercer Super Trust and the acquisition of Advance Asset Management. On joining, Collocott oversaw the ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
Financial advice businesses must supercharge their capabilities, expand their capacity, and scale up to reach and serve more Australians. According to AZ NGA's paper, titled Ready or Not? A guide to building a super firm, the industry's current ...

Coastal Advice Group expands reach

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... plans to further expand through strategic hires, bringing the estimated team size to 50. It has also teased a potential merger with an established Port Macquarie firm in the new year. "We commenced this project earlier this year, to identify key partnerships ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
Qantas Super recently provided an update as to its merger plans, including the appointment of a dedicated committee and an outline of the three key issues forcing its hand. In September, the $8.4 billion fund confirmed it was exploring its options in ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... Smartsave's Employer Super had $609.4 million in FUM. Superhero Super did not comment on how much the fund managed post-merger. On the changes, Superhero chief executive and co-founder John Winters said they "highlight the company's dedication ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... reduces unpaid super giving more Australians a dignified retirement." Launched in October, the SMC was formed after the merger of Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST). SMC comprises eight foundation ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... conclusively negotiated and resolved on this front," Wamsteker affixed. In November 2021, Netwealth proposed a $785 million merger with Praemium, offering one new share for every 11.96 Praemium shares, plus a cash consideration. The proposal represented ...

Super Members Council names chief executive

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
... commence with SMC in late February, expressed that it was a great honour to lead the council, which was formed after the merger of Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST). "This is a great responsibility ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
While the local robo-advice industry flounders, Wealthfront has hit a record high of more than US$50 billion ($77bn) in assets under management, catering to 700,000 investors. The US robo-adviser boasted that as it continues to diversify offerings ...