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Showing 811 - 820 of 2917 results for "Merge"

Industry fund chief steps down, successor named

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
The longstanding chief executive of $26 billion industry superannuation fund Spirit Super will step down in the new year, with a QSuper executive to take up the role. Spirit Super's Leeanne Turner will step down as chief executive in early 2022 ...

Hostplus, Intrust merger complete

KARREN VERGARA  |  MONDAY, 29 NOV 2021
Hostplus and Intrust Super have finalised their merger, as first reported by Financial Standard in May. Intrust transitioned over 90,000 members, 25,000 employer clients, and $3 billion in funds under management to Hostplus, effectively taking the latter's ...

AFCA must improve transparency: Hume

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
A review of the Australian Financial Complaints Authority found that it needs to be more transparent when dealing with complainants and providing the reasoning behind its decisions. Senator Jane Hume's final report made 14 recommendations, all of which ...

ACCC not opposed to NAB, Citi deal

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
The ACCC will not oppose the acquisition of Citigroup's Australian consumer business (Citi) by NAB after a review found the transaction would not substantially lessen competition. The review focused on competition in the supply of credit cards, as Citi ...

Janus Henderson chief to retire

ANNABELLE DICKSON  |  FRIDAY, 19 NOV 2021
The ASX-listed US$419 billion investment manager announced its chief executive is retiring early next year. Dick Weil joined Janus Capital Group as chief executive in 2010 and was instrumental in executing the merger with Henderson Group. It is understood ...

Easton to rebrand, seeks to scale

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
Easton Investments is proposing to rebrand as it looks to "major opportunities" next year in a bid to scale. The ASX-listed firm plans to change its name from Easton Investments to Diverger as the former "no longer reflects the activities, strategic ...

Industry fund investments chief to depart

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
LGIAsuper's chief investment officer is set to exit at the end of the year, with the fund confirming it is overhauling its investment team. Troy Rieck will leave LGIAsuper at the end of the year, following about two years with the fund. Confirming ...

More mergers, minimal awareness: KPMG

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
... involved in mergers has increased over time is likely contrary to expectations, with smaller funds proving less likely to merge so far. Still, KPMG expects there to be fewer mega fund merger announcements, as boards and management realise the significant ...

CountPlus reappoints chief executive

CHLOE WALKER  |  WEDNESDAY, 17 NOV 2021
CountPlus Limited has announced the reappointment of Matthew Rowe as chief executive and managing director The announcement was made yesterday at the annual general meeting of CountPlus Limited (CountPlus) shareholders, where chair Ray Kellerman confirmed ...

APRA moves to force EISS Super merger

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... members' best interests, APRA has imposed additional conditions on EISS Super's licence - including that it must merge with a larger fund by the middle of next year. The move follows APRA's investigation into expenditure and governance matters ...