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Showing 861 - 870 of 2369 results for "Merger"

MTAA Super, Tasplan reveal executive lineup

KARREN VERGARA  |  THURSDAY, 3 SEP 2020
... investment officer Dave Stuart will also pursue other opportunities. More MTAA Super and Tasplan executives will exit once the merger is complete, the funds said in a joint statement. The merger will officially take place on 1 April 2021 and create a ...

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... payment of SG. The fund said SG calculations at its employer partners were not affected. ACSRF is currently exploring a merger with NGS Super, in what could create a $21.5 billion industry fund. ACSRF's current chief executive Greg Cantor is slated ...

Evans Dixon reports $30.5m loss

KANIKA SOOD  |  FRIDAY, 28 AUG 2020
The firm posted a statutory loss of $30.5 million for a year that included job cuts, leadership changes and troubles with its American real estate fund. Evans Dixon's net revenue for FY20 was down 10% to $191.8 million, which it attributed to softer ...

Shareholders approve Aon, WTW merger

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
Despite ongoing objection elsewhere, shareholders have approved the merger of Aon and Willis Towers Watson. Shareholders in Aon and Willis Towers Watson voted for all proposals necessary to see the merger through at their respective extraordinary general ...

Tasplan changes asset allocation

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
... market downturns in the years leading up to retirement," it said. In addition, Tasplan provided an update on its proposed merger with MTAA Super, set to occur on 1 April 2021. "The merger aims to secure better retirement outcomes for members of both ...

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
... tech company Ansarada and has announced a $45 million capital raise to help fund the transaction. Upon completion, the merger will form a leading global software as a service (SaaS) company in deal technology and information governance technology with ...

ACSRF, NGS Super explore merger

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
The two industry funds have signed a memorandum of understanding and will begin due diligence to explore a merger that could create a $21.5 billion superannuation fund. The $9.5 billion Australian Catholic Superannuation and Retirement Fund and the ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... announced in July. It said the acquisition will complement the existing business' growth strategy and product suite, with the merger set to increase FUA to over $28 billion. Chief executive Michael Ohanessian said despite ongoing challenges in 2020 it ...

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Association of Superannuation Funds of Australia (ASFA) has released a six-step plan aiming to drive industry-wide productivity gains in superannuation. ASFA said it hopes to boost productivity gains as the impact of COVID-19 continues to disrupt ...

Cbus adds to leadership

ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
... Cbus and Media Super signing a memorandum of understanding and commenced due diligence late last month for an upcoming merger. The two industry funds are aiming for the joint agreement to be in operation in 2021, conditional on due diligence to establish ...