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Showing 1 - 10 of 15 results for "New Parent"

Future Group positions super offerings for growth

JAMIE WILLIAMSON  |  FRIDAY, 11 APR 2025
As part of Future Group's broader plans to scale, Future Super and Verve Super are set to be merged into the Smart Future Trust, giving members of each a completely new menu of investment options for less. From May 23, the Future Super Fund, including ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
Rest has called on the Australian government to implement reforms that it says are critical to make the super system fairer. The super fund released its 2025-26 pre-Budget submission, which outlined 10 key recommendations. These recommendations included ...

Generation Development Group to take over Lonsec

KARREN VERGARA  |  MONDAY, 3 JUN 2024
Lonsec Holdings will have a new parent company as Generation Development Group (GDG) is due to acquire the remaining stake in the research and ratings house. GDG will scoop up an additional 61.9% stake in Lonsec valued at $197.4 million. About $155.4 ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
In the Federal Budget, Treasurer Jim Chalmers formally announced a raft of measures to support women, many of which were flagged ahead of time. This includes the $925.2 million over five years to provide support for victim-survivors leaving a violent ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
If it wins the next election, the Albanese government has announced the Commonwealth Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from next year. In a major win for the super industry and Australian women, 12% ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
Just a month on from taking on GuildSuper, Future Group has now acquired 100% of women-focused fund Verve Super. Verve Super is now a wholly owned subsidiary of Future Super, under a deal finalised this month. Having long struggled to offer a competitive ...

Government to boost paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
The federal government plans to extend the Commonwealth paid parental leave scheme to six months come 2026. Over the weekend, prime minister Anthony Albanese said the government's October 25 Budget will introduce reforms to improve the systems' flexibility ...

WT Financial Group acquires Synchron

KARREN VERGARA  |  TUESDAY, 15 MAR 2022
... John Prossor will assume new roles and receive a shareholding in WTL. Trapnell will become chair of Synchron under the new parent company while Prossor becomes a director. The Synchron brand will remain as is, while its NextGen program, which supports ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... moving sub-plans such as Future Super, GROW Super, Mason Stevens Super, ING Super Fund and Grosvenor Pirie under a new parent company. Diversa also operates the Tidswell Master Superannuation Plan, which has a number of underlying funds like Mobisuper ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... year ending June. It has over $220 billion in assets under management. Its next annual results will be reported under new parent MUFG which reports to a March end year and is listed on the Tokyo and New York Stock exchanges.
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