The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 16 results for "Super fund mergers"|
|... climate change, coupled with reforms like Your Future Your Super and other regulatory and industry pressures like super fund mergers, it's no surprise that more than half of respondents (51%) claim their primary driver to invest sustainably is due to ...|
|... the industry view that funds under $30 billion in assets should merge. Rowell said APRA was aware of about 12 super fund mergers currently underway. "The emerging industry view seems to be that any fund with less than around [$]30 billion in assets under ...|
|... we're ready," he said. Separately, Elia also responded to Senator Jane Hume's recent comments around super fund mergers, criticising funds that merge with other like funds. "Failure to diversify fund membership can be as dangerous as failure ...|
|Senator Jane Hume has denounced mergers between super funds with similar membership bases, saying concentrated memberships can make funds weak and smaller funds should look to emulate the likes of AustralianSuper and Sunsuper. In an address to the AFR ...|
|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 ...|
A former New South Wales Treasury Corp executive has joined the prudential regulator as head of investment risk.
MLC Life has been handed a new group insurance mandate from a retail superannuation provider.
Pinnacle Investment Management has made a $3 million cornerstone investment in OpenInvest.
The Federal Reserve is restricting the investing activities of policymakers and senior staff, including banning them from holding or trading individual stocks and bonds.
|Brought to you by|