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Showing 81 - 90 of 2081 results for "Merger"

APRA finalises framework for MySuper products

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... be assessed. It also explains potential scenarios where APRA will issue a determination to combine performances, like a merger or change of RSE licensee. Where it's dealing with within-product changes, APRA explained that this month it made Superannuation ...

Industry fund chief named Fund Executive of the Year

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
... Australian Retirement Trust (ART) chief executive Bernard Reilly has received the accolade, recognised for his role in the merger of Sunsuper and QSuper, which led to the formation of ART. In acknowledgement of his contribution to ART and the superannuation ...

Capital Partners acquires Partnership Wealth Management

CHLOE WALKER  |  WEDNESDAY, 2 AUG 2023
... Practice of the Year by the Financial Planning Association of Australia, now Financial Advice Association Australia. The merger marks its first corporate transaction in 20 years.

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
Goldman Sachs Asset Management (GSAM) has successfully launched its inaugural Australian feeder fund off the back of significant demand from local clients. The investment giant said the Aussie feeder fund, launched in the second quarter, provides investors ...

AZ NGA acquires stake in Sydney advice firm

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
... planning and is led by principals Daniel Molesworth and Robert Wood. Its establishment came in mid-2021, resulting from the merger of advisory firms Foster Raffan and iPlan. During a time when advice businesses require more support than ever, Molesworth ...

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
... 1000 accounts and $9 billion funds under administration. Centric Super was also identified as the optimal choice for the merger because of its existing relationships with encircle clients, the CFS spokesperson added. "When considering Centric as the ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... project is evidence of Aware Super's deep experience of safely delivering large, complex changes. Our foundational merger between First State Super and VicSuper was the largest in the industry at the time, and delivering this transformation is a ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
EY cybersecurity leader for financial services Rohit Rao says the superannuation sector is lagging when it comes to cybersecurity processes, adding that increased consolidation has created more risk. In the latest episode of the Financial Standard podcast ...

Mercer appoints first Wealth Pacific chief

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... 850,000. Earlier this year, Mercer significantly enhanced its position in the superannuation sector, successfully completing a merger with BT Super. This move saw Mercer integrate BT Super's personal and corporate superannuation offerings, and incorporate ...

Equip Super sets sights on being different

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2023
... that it hopes will help achieve its ambitious plan of being "a different type of fund." Two years on from its official merger with Catholic Super, Equip Super has finally combined the membership, operations, and investments of both funds, with chief ...