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Showing 711 - 720 of 2917 results for "Merge"

Cbus announces changes to admin fees, premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Following on from the completion of its merger with Media Super, Cbus will shave its administration fees by 25%. However, at the same time, some members will begin paying more for death and TPD. The reduction in the dollar-based administration fee will ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
A Florida pension fund is suing Twitter and Elon Musk over the latter's planned takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade ...

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Macquarie Group has posted a $A4.7 billion net profit for the year ended 31 March 2022, up 56% from the prior year. This strong result was carried by impressive performances across all the companies operating groups. Items within the banking group that ...

ANZ stablecoin amplifies changing operating models

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... asset strategy as not just exciting but essential if the bank is to have an enduring role in a world where DeFi and TradFi merge.

AvSuper, Commonwealth Super Corporation explore merger

JAMIE WILLIAMSON  |  WEDNESDAY, 4 MAY 2022
Six months on from commencing its Expressions of Interest (EOI) process, AvSuper has confirmed it will look to merge with Commonwealth Superannuation Corporation. The two funds have signed a Memorandum of Understanding to now conduct due diligence to ...

LGIAsuper reduces fees, adds indexed option

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
As it prepares to expand its menu, LGIAsuper has reduced fees across most of its investment options, including by more than 30% for MySuper members. Effective March 31, the total of investment and administration fees have been reduced across LGIAsuper's ...

Hostplus, Statewide Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
With its merger with Statewide Super now complete, Hostplus says it is on track to hit $100 billion next year. Hostplus now has $81 billion in funds under management and is home to 1.5 million members after merging with Statewide. This places them in ...

Australian Ethical hands down tech mandate

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
Australian Ethical has awarded a technology mandate that will deliver customised projections to all its superannuation members. DASH has been appointed by Australian Ethical to power direct to consumer projections that will appear in super fund members' ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
A newly released consultation paper from the ASX suggests changes to the existing rule framework may be needed to better serve investor needs, including the merger of AQUA and Warrant Rules. Releasing the paper yesterday, the ASX said it wants to provide ...

Maritime Super slapped with infringement

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
Maritime Super, which is soon to merge with Hostplus, has been hit with an infringement notice by ASIC over alleged misleading statements to members about its partnership with Hostplus. In a significant event notification and a newsletter sent to members ...