Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 941 - 950 of 2369 results for "Merger"

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... per week of their death and TPD cover increase from $7.47 to $9.06. In November last year, MTAA and Tasplan announced the merger would go ahead to create a combined national super fund with more than $23 billion in funds under management and more than ...

Sunsuper welcomes new board directors

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... roles in profit-for-member superannuation, including as chair of CareSuper and chief executive of AGEST Super, prior to its merger with AustralianSuper. The appointment adds another notch to Wood's already impressive resume, currently serving as ...

Industry funds dominate satisfaction

JAMIE WILLIAMSON  |  THURSDAY, 9 JAN 2020
A $10 billion superannuation fund has topped the ranks for member satisfaction as it readies for merger, joining seven other industry funds in the top 10. Tasplan achieved the highest satisfaction rating of any super fund in Roy Morgan's latest Superannuation ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... the superannuation industry this year. Find the top 10 super stories for 2019 below: 1. Superannuation funds flag $113bn merger In April, First State Super and VicSuper announced they had signed a non-binding memorandum of understanding, scouting the ...

Government fund appoints new chair

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... A $110 billion superannuation fund has appointed a new chair as it continues to sound out another fund for a potential merger. Don Luke is taking over as the chair of QSuper as incumbent chair Karl Morris steps down after two terms. Luke was most recently ...

Super funds merge, leaders appointed

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
First State Super and VicSuper have confirmed a merger will go ahead, naming the chief executive and chair for the combined $125 billion fund. First State Super and VicSuper have signed a merger deed with a merger effective 1 July 2020. The merged funds ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... to make substantial improvements in good time, we will consider other options, including pressuring them to consider a merger or exit the industry. "However, no-one should be complacent. We expect all trustees to use the heatmap to reflect on the drivers ...

Sunsuper head of corporate, insto sales departs

KANIKA SOOD  |  MONDAY, 9 DEC 2019
... latter's chief executive Mike Pennisi told the House of Representatives Standing Committee on Economics, may result in a merger or a "some other arrangement".

Concerns over rise of the mega-fund

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2019
Mega-funds are on the rise and as further super fund mergers are expected to continue into 2020, the question of capacity needs to be addressed, according to SG Hiscock managing director Stephen Hiscock. "In terms of the mega-funds, we have seen a lot ...

Deutsche Bank offloads $76b in assets

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
Deutsche Bank has offloaded $76 billion in assets to Goldman Sachs as part of the lender's restructuring plan. Germany's biggest bank has been undergoing a major restructuring as it struggles to compete in tough market conditions. The assets were tied ...