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Showing 791 - 800 of 2369 results for "Merger"

Equipsuper merges with corporate fund

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... five-year period, according to the latest heatmap results. Equipsuper and Catholic Super chief executive Scott Cameron said the merger marks another step forward in building on the funds' joint venture announced in 2019. Catholic Super at the time ...

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... Xavier O'Halloran said it is clear that in superannuation size matters. "Responsible super funds are looking to find merger partners so they can pass efficiency gains on to members in the form of lower fees," O'Halloran said. "While the mergers ...

Aon, WTW merger will reduce competition: ACCC

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
The ACCC has flagged concerns over Aon's proposed merger with Willis Towers Watson (WTW), throwing a spanner in the works for the two companies. The ACCC said Aon and WTW are two of the three largest providers of commercial risk, reinsurance and employee ...

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... to $9.06. A spokesperson for MTAA told Financial Standard that some of the changes would have occurred even without the merger going through, as the fund was looking to remove cross-subsidisation by charging differing premiums based on age. "Pricing ...

Perpetual introduces new family office team

ANNABELLE DICKSON  |  MONDAY, 15 FEB 2021
... head of Sydney. Prior to this he was head of Sydney and head of wealth management at the Myer Family Company preceding its merger with Mutual Trust. Lipscombe previously spent over five years at NAB as executive, private clients to service ultra-high-net ...

To merge or not to merge?

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... think the real determinate we're going to see in this space is what APRA, and others, are going to do in the forced merger space." Meanwhile, Aware super chief executive Deanne Stewart said that despite her fund's $116 billion size she does not ...

Deutsche Bank appoints local head

KANIKA SOOD  |  FRIDAY, 12 FEB 2021
... on Resolution Life's $3 billion acquisition of AMP's wealth protection and mature businesses, and Vodafone's $15 billion merger with TPG among other transactions. "Australia has always been and will continue to be a key market for our origination and ...

Industry funds pool $61bn of assets

KARREN VERGARA  |  THURSDAY, 11 FEB 2021
... superannuation funds will pool their assets to create a $61 billion trust, in a move that is set to be a better alternative to a merger. Touted as an industry first, Maritime Super and Hostplus today announced an asset-pooling partnership that will take ...

Frontier on hiring spree

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... business beyond its traditional superannuation clients, who are increasingly building in-house capabilities and facing merger pressures. More than 50% of its clients (by number) are now businesses other than superannuation funds. "Our business is growing ...

Lazard restructures Australian business

ELIZABETH MCARTHUR  |  FRIDAY, 5 FEB 2021
International financial advisory and asset management firm Lazard has confirmed it is undertaking a restructure of its Australian business. The reorganisation of the firm in Australia will not change anything for Lazard Asset Management. However, it ...