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Showing 921 - 930 of 2384 results for "Merger"

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 ...

Industry fund appoints union leader

HARRISON WORLEY  |  MONDAY, 6 APR 2020
... Lynch's appointment to Financial Standard. It comes just weeks after the fund pushed back the deadline for its planned merger with MTAA Super. The two funds were originally scheduled to merge on October 1 this year, but have now extended the deadline ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Speaking to Financial Standard, Hostplus chief executive David Elia has said it's the super funds with higher average account balances that should be worried about the impact of the early release scheme. Hitting back at public commentary suggesting ...

Super fund transfer delayed amid COVID-19

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... stabilisation in markets and at a time that is more beneficial to members." Last month, 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. Another ...

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite. New analysis from KPMG shows superannuation trustees are facing three competing sets of problems as they deal with ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
Senator Jane Hume has denounced mergers between super funds with similar membership bases, saying concentrated memberships can make funds weak and smaller funds should look to emulate the likes of AustralianSuper and Sunsuper. In an address to the AFR ...