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Showing 951 - 960 of 2917 results for "Merge"

Sunsuper, QSuper members ask for better climate disclosures

KANIKA SOOD  |  TUESDAY, 6 APR 2021
... the funds, asking them to disclose holdings in thermal coal, among other climate change risks. The two funds are set to merge this year, creating a $200 billon fund with over 600,000 members. The $120 billion QSuper has committed to "net zero" emissions ...

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Tasplan and MTAA Super's $23 billion merged fund, Spirit Super, has reduced the weekly administration fees for members by 13.4%. Effective today, the administration fees are reducing from $1.50 per week to $1.30 per week. The merged fund has also ...

Rice Warner acquired by Deloitte

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Actuarial firm Rice Warner has been acquired by Deloitte. Rice Warner's chief executive Andrew Boal, head of superannuation Stephen Freeborn, and executive general manager of insurance Jennifer Baxter will become Deloitte consulting partners. Michael ...

AMP Capital spins off REIT

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
AMP Capital has sold the management rights of a New Zealand listed real estate investment trust (REIT) for a one-off payment of $197 million. AMP Capital held a 50% stake in Precinct Properties New Zealand via its management company AMP Haumi Management ...

APSS explores merger with Sunsuper

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... transferred to a similar investment product within the merged fund. Last week Sunsuper and QSuper confirmed that they will merge by September after first exploring the merger in 2019. The merged fund will create one of Australia's largest superannuation ...

Pengana portfolio managers depart

KANIKA SOOD  |  THURSDAY, 25 MAR 2021
Jordan Cvetanovski and Steven Glass who co-founded Pengana Capital's international equities business have left the firm with immediate effect. Pengana has appointed James McDonald as the interim deputy chief investment officer of the international equities ...

Rainmaker reveals 2021 AAA super products

JAMIE WILLIAMSON  |  TUESDAY, 23 MAR 2021
Of the 692 superannuation products reviewed by Rainmaker, 29% have received a AAA Rating for 2021, with 11 offerings added to the list. Rainmaker looked at 692 products from 178 superannuation funds for its annual assessment. In analysing the offerings ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... Bain joined the industry fund sector from the Commonwealth Bank. Recreo, with $12 billion funds under administration, will merge with corporate and superannuation trustee Certane Group. The latter provides trustee services to 27 Australian superannuation ...

Insider trading four times more common

ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
New research estimates that the actual prevalence of illegal insider trading is much higher than regulators think, at least four times greater than the number of prosecutions. The research was conducted by Vinay Patel and Talis Putnins from the University ...

Not-so-Zuper: Super disruptor folds

JAMIE WILLIAMSON  |  MONDAY, 22 MAR 2021
Having failed to reach sufficient scale, the millennial superannuation fund will close its doors next month. Closed to new members as of March 10, existing Zuper members have now received word that the offering will cease to exist from April 30 - just ...