|Search Results||Showing 1 - 10 of 12 results for "Super fund mergers"|
|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 ...|
|... financial services Royal Commission has suggested APRA's proposed new powers could be used to address stalled super fund mergers. The Parliament is currently waiting to pass a number of changes to the Superannuation Industry (Supervision) Act (SIS Act) ...|
|... partnership represents a further opportunity to set the gold standard for the industry in terms of best practice for super fund mergers. AustSafe Super's independent chair Henry Smerdon echoed Fraser's sentiments. "This is a particularly well-suited ...|
|... market share growth can largely be explained by ongoing aggregation of superannuation funds. "For example, super fund mergers announced over the past 12 months include Sunsuper and Chifley FuturePlus, while PrimeSuper and HIP merged, as did Tasplan and ...|
|Most super fund members would not like their fund to go through any merger activity, according to the CoreData 2014 Member Growth Report. The report asked the question to 858 super fund members and 65.6% said they would not like their fund to merge ...|
|... operate under strict capacity constraints because greater assets under management dilute this flexibility. Large super fund mergers, such as the recent multi-billion dollar tie-up between First State Super and Health Super and Care Super's takeover of ...|
|Niche industry super fund mergers may have gotten some bad publicity, but they needn't be all bad according to NGS Super chief executive Anthony Rodwell-Ball. A recent survey by NGS Super found member satisfaction with the fund was at 84%, following ...|
|... build on all the initiatives we were working on last year, such as increasing our specialisation," he said. As super fund mergers become more common, there will be fewer funds but more demand for specialist asset consultants, Eagleton said. "In response ...|
|... damaging members and limiting MySuper outcomes, according to AustralianSuper and ASFA. With the rising trend of super fund mergers in the lead up to the introduction of the Government's Stronger Super reforms, the Association of Superannuation Funds ...|
|... minute - which then had to be audited. In his speech, Russell also revealed a serious problem for interstate super fund mergers: stamp duty legislation. Different states have different rules, which can trigger stamp duty events for the members. "If you ...|
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services.
With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic.
A former chair of the SMSF Association has returned for another stint in the top job.
The chief executive of a $5.5 billion industry superannuation fund has spoken out against increasing the superannuation guarantee to 12% in a submission to the Retirement Income Review.
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