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Showing 901 - 910 of 2369 results for "Merger"

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
... operating hours of Link Advice extended. The group said in the medium to longer term it expects there to be increased fund merger activity and for industry growth of new accounts to slow as a result of the ERS, low employment growth and lower workforce ...

Darwinian time for super

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
... the current economic circumstances. "I do think the current environment is perhaps accentuating the focus on mergers and merger opportunities," Dundon said. "Whether that be what might become a more prolonged economic downturn for Australia, obviously ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... is not the only trustee to delay a successor fund transfer of late. In March, Tasplan and MTAA Super, who committed to a merger late last year, moved back the date of the merger from 1 October 2020 to 31 March 2021, citing COVID-19. AMP also delayed ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... and have a large number of members withdrawing funds due to financial hardship. This is one of the reasons Forbes thinks merger activity is about to heat up. "I think those funds without a broad range of industries or employers contributing will be the ...

Queensland funds delay merger

HARRISON WORLEY  |  WEDNESDAY, 29 APR 2020
The impending merger of major Queensland superannuation funds QSuper and Sunsuper has been delayed. QSuper has confirmed its planned merger with Sunsuper has been delayed, owing to difficulties in conducting due diligence while staff are working remotely ...

Industry fund revalues unlisted assets

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... industry discussions over how they should be most appropriately categorised. "Since the inception of MySuper (and indeed our merger back then between Statewide and Local Super) we've always classified unlisted property and unlisted infrastructure as ...

Global investment firm adds chair

JAMIE WILLIAMSON  |  TUESDAY, 21 APR 2020
... Toscafund, Gilbert was a co-founder of Aberdeen Asset Management in 1983 and served as co-chief executive following its merger with Standard Life. Gilbert is due to retire from the SLA board next month. Toscafund is a $6 billion multi-asset manager with ...

How wealth management must respond to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... medium-long term, the industry might witness consolidation and the overall strategy may need to adapt to more frequent merger and acquisition activity and much-needed agility in the business model to ensure faster adoption of digital tools across the ...

Never say never to RBA help: First State Super

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... but [they] don't seem to be having significant ramifications around timelines or planning. "We are quite close to the merger being completed, but I think even if it were six months beforehand we'd just consider any ramifications and define the ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
Treasurer Josh Frydenberg has confirmed superannuation funds that fail to appropriately handle early release during the COVID-19 crisis will face penalties. Asked by Financial Standard how the government would handle funds that might face liquidity ...