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Showing 901 - 910 of 3444 results for "Scale"

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... was created in May 2020. The division was established to house the business lines that Westpac deemed to lack sufficient scale, being platforms, superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac ...

Equip Super sets sights on being different

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2023
... drive positive outcomes for members. "We believe that [having] funds under management of $50-60 billion can unlock further scale benefits for members, and that we can reach more than $50 billion through inorganic growth - mergers and successor funds ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... decades of professional experience as the numbers start to drop off drastically from the 20-year mark. At the other end of the scale, just 5% of financial advisers are relatively new to the sector, clocking up five years' experience or less. Around 10% ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... about $1.8 billion and 51,139 members - including about $200 million in Verve Super. "As Future Super continues to grow and scale, it is of great benefit that Future Super Group funds have one trustee to leverage and streamline backend operations and ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... companies by that time," he said. Further, Hunt said funds can only optimise returns from a balanced portfolio if they have the scale to do so. As such, a program of consolidation will commence. "We will therefore facilitate a program of DC consolidation ...

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... said at the time that combining its real estate platform with Elanor will provide a significant uplift in capability and scale. "Challenger will benefit from both alignment and access to growth via the acquisition of a strategic stake in Elanor, and ...

Commonwealth Bank backs Wollemi Capital

CHLOE WALKER  |  MONDAY, 10 JUL 2023
... collaboration in the carbon market services sector. "The investment from CBA will amplify Wollemi's impact by allowing us to scale our business and investments more quickly," Bishop said. "We're also excited about the possibilities this strategic ...

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... spokesperson told Financial Standard that the role was previously outsourced, however due to the firm's growing size and scale it was the right time to secure in-house talent. On the M&A front, after a period of relative quiet AZ NGA has sealed several ...

JANA picks Rimes for tech

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... processes." The implementation is live "and is already enabling us to better service our customers, minimize risk, and confidently scale the business to ensure we always remain aligned with their changing need," she added. Rajanayagam explained it represents ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... Fernandes said the group is excited by this opportunity to create a combined fund that benefits investors through increased scale, diversification, and distribution stability. Fernandes added that Cromwell's reputation as a "leading real estate funds ...