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Showing 861 - 870 of 2917 results for "Merge"

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre. Super Consumers Australia looked ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... After 12 months of discussions, Sydney's Australian Catholic Superannuation and NGS Super have shelved their plans to merge and create a $21.5 billion fund. The two signed a Memorandum of Understanding in August 2020, after years of informal discussions ...

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... may seem like it is the not-for-profit (NFP) super fund sector that faces the most regulatory and political pressure to merge, it is however the retail sector that will feel the squeeze as it has the greatest number of small and medium-sized super funds. ...

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
... working towards a merger with NGS, with a view to signing a Heads of Agreement shortly. If confirmed, the funds will look to merge early next year.

80% of instos find sustainability difficult

ELIZABETH MCARTHUR  |  MONDAY, 23 AUG 2021
A survey of institutional investors, representing $26.8 trillion in assets, conducted by Schroders has found 80% of global institutional investors find sustainability challenging. Schroders surveyed 750 institutional investors, including 205 in Asia ...

CFS appoints risk chief from MLC

ELIZABETH MCARTHUR  |  MONDAY, 23 AUG 2021
Colonial First State has appointed a new chief risk officer, with MLC Wealth's former chief operating officer stepping into the role. Anthony Lane starts as group chief risk officer at CFS today. He was chief operating officer and chief risk officer ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
APRA has issued guidance on how it will administer the Your Future, Your Super performance test for lifecycle MySuper options that make changes within the option or transition to a new option. The regulator has the power to make determinations on combining ...

Aware Super hires member growth executive

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... has grown to $150 billion in funds under management in the last year. In late July, Aware and VISSF confirmed they will merge before the end of the year. VISSF has about $900 million in funds under management and is currently home to about 6700 member. ...

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
Two industry super funds have signed an agreement to explore a merger following a short period of discussion. Hostplus and Statewide Super have signed a Heads of Agreement, with a note on the former's website dated last week confirming the "important ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... standalone, while the Global Equities and Fixed Income business was recently offloaded to Macquarie. "Our plan is to formally de-merge business in the first half 2022, but we have committed to operational separation by the end of this year," she said. ...