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Showing 801 - 810 of 2383 results for "Merger"

Equipsuper in another merger

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... to operate in an increasingly complex regulatory environment. It comes less than a week after Equipsuper announced its merger with Toyota Super's 5000 members. BOC Super said it recognised the need for greater scale to deliver long-term security ...

Aware Super eyes another merger

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... Memorandum of Understanding with the Victorian Independent Schools Superannuation Fund (VISSF), looking into whether a merger of the two funds is in the best interest of members. VISSF chair Peter Sharples said increasing regulatory reform and rising ...

Challenger names chief financial officer

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
A former BT Life Insurance head of product and sales has taken on the role, following the resignation of Andrew Tobin last year. Rachel Grimes spent over 20 years at Westpac in several senior finance roles including director of mergers and acquisitions ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
The competition watchdog has accelerated merger activity in the superannuation sector in its sights as it becomes increasingly concerned about lack of competition in financial services. Australian Competition and Consumer Commission (ACCC) chair Rod ...

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 ...