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Showing 81 - 90 of 683 results for "Mergers"

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... Treasurer Jim Chalmers and assistant minister for competition, charities, and treasury Andrew Leigh jointly stated that mergers will be approved to proceed within 30 working days, where the regulator decides that they don't raise any competition concerns. ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
Superannuation funds will be focused on ongoing merger activity and strengthening retirement strategies and product solutions in the next few years, according to Deloitte's Dynamics of the Australian Superannuation System report. The report forecasted ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... platforms will be those that see a path to profitability while complying with regulation," Dunn said. "We also expect mergers between multiple platforms within the same financial services group. There will be pressure to close sub-scale platforms where ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... and approximately $2.1 billion in funds under management, became part of Australian Retirement Trust," Woodall said. "Mergers like this are part of our fund's well-considered strategy to grow Australian Retirement Trust in a way that benefits our more ...

Coastal Advice Group merges with Compass Financial Management

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... acquired both RI Advice Brighton and Wealth for Life Financial Planning. "After successfully executing four strategic mergers and acquisitions within the last eight months, three of those being in the past eight weeks, our team has meticulously honed ...

Growthpoint recruits new chief executive

ANDREW MCKEAN  |  WEDNESDAY, 6 MAR 2024
... real estate investment management, with expertise in commercial property markets, funds management, asset management, mergers and acquisitions, and equity capital markets. Currently the head of funds management at Centuria, Lees contributed to increasing ...

Aware Super appoints member strategy lead

KARREN VERGARA  |  TUESDAY, 5 MAR 2024
... digital technology and financial advice. As part of the shuffle, the corporate development team that is responsible for fund mergers now reports to Travis. Chief of staff and group executive for Victoria, Karina McPhee will lead a newly created communications ...

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... Australian branches and simplify the administrative requirements for life insurance companies seeking court approvals for mergers and transfers. Additionally, the Regulations impose a cap on the interest rates applied to overdue premiums. The Regulations ...

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... recorded the largest growth in member numbers, according to new analysis from Perple - People Performance, underscored by mergers and stiff competition. Using APRA data of the 2022-23 financial year, Perple found that merger activities drove most of ...

Aware Super restructures executive team

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
... the Acquisition, Connect and Grow, and Retire teams. Aware Super's Corporate Development team - responsible for fund mergers - will now report to Travis in the new executive structure, focusing on enhancing the value to merger partners. Aware Super ...