News & Insights

Media Release

Sargon has acquired Diversa from OneVue (ASX:OVH)

June 2019

Sargon has acquired the Trustee Services business, comprising Diversa Trustees Limited and CCSL Limited (Diversa), from OneVue Holdings Limited (ASX: OVH). Established in 2009, Diversa is one of the largest providers of superannuation trustee services in Australia and has over $10 billion of assets under trusteeship…

Insights

Managing conflict the next step

June 2019

You're seeing organisations think about whether they are better off creating structural solutions that will enable the management of whatever persisting conflicts they have to be much easier and more transparent, and less inherently conflicted. There are a lot more conversations in super about independence.

Insights

Dealing with the demographic change

June 2019

Our version of superannuation is not beyond criticism or review… but at a high level, the quality of the super system is so compelling that we’re starting to have conversations with other countries who don’t have what we have, about how they can rapidly bridge their demographic challenges and adopt systems similar to…

Press

Sargon launches SMSF alternative

May 2019

The Sargon Small APRA Fund (SAF) would be governed by the Australian Prudential Regulation Authority (APRA) instead of the Australian Taxation Office (ATO), like a regular SMSF, meaning Sargon would assume the responsibilities and operations that would usually fall to an SMSF member as trustee.

Press

Former Labor senator Stephen Conroy joins Sargon

April 2019

A former cabinet minister in the Rudd and Gillard governments was appointed to Sargon's board. Stephen has a rare combination of finance and technology skills, along with a deep understanding of Australia's regulatory and policy settings and the evolving nature of superannuation.

Press

Sargon makes $45m super buy

December 2018

Australian fintech outfit Sargon has acquired superannuation trustee provider Diversa, in a deal worth $45 million. Sargon will pick up over $10 billion of assets under trusteeship from Diversa's ASX­ listed parent company OneVue.

Media Release

Sargon acquires Heritage Trustee Company Limited

December 2018

Sargon has acquired 100% of the shares of New Zealand trustee company, Heritage Trustee Company Limited. The acquisition, Sargon's second in New Zealand following the acquisition of The New Zealand Trust Company in mid-2017, provides an important strategic platform in the country for Sargon's growth strategy.

Press

Sargon acquires listed robo advisor

December 2018

Sargon CEO Phillip Kingston said the Decimal acquisition is an important milestone in Sargon’s growth strategy, bringing new technology capability to the group. Sargon is particularly enthusiastic about the opportunity Decimal brings to drive successful customer outcomes through financial literacy and engagement.

Press

Sargon makes corporate trust play

September 2018

The Australian corporate trust landscape received a shake-up on Thursday with Australian fintech outfit Sargon to acquire 130-year-old trust provider AET Corporate Trust in a deal worth $51.6 million.

Press

Sargon taps Rankin for tech tilt at super

May 2018

Sargon has appointed James Packer's former right-hand man Robert Rankin as non-executive chairman, as the venture looks to shake up the superannuation industry through technology.