Fund mergers: not so super

In the wake of the Hayne Royal Commission and Productivity Commission’s reviews of the Australian superannuation system, regulators have put small and underperforming superannuation funds on notice.

As Australia’s superannuation industry continues a period of introspection and change, lurching from commissions and reviews, to political debate, regulatory change and more reviews, it would do well to lift its head above the weeds and cast its gaze outward.

Australia’s $2.9 trillion superannuation industry is in a state of flux. Following recent reports from the Productivity Commission and Hayne Royal Commission, government and regulators have sought to rapidly implement a range of new measures aimed at addressing the various shortfalls identified.

Robo advice is much more than just an alternative to phone or digital advice. Super fund leaders should recognise its potential to deliver scalable, consistent and conflict-free decision support, improving financial literacy and education, driving positive member engagement, outcomes and growth.

When you think of Australia’s greatest exports, our national treasures or our most beloved “heroes”, it’s natural to conjure images of sporting giants. But the fact is none of them have affected our lives – or enriched our country’s fortunes – as profoundly as two men.

In the wake of the Hayne Royal Commission and Productivity Commission’s reviews of the Australian superannuation system, regulators have put small and underperforming superannuation funds on notice.

As Australia’s superannuation industry continues a period of introspection and change, lurching from commissions and reviews, to political debate, regulatory change and more reviews, it would do well to lift its head above the weeds and cast its gaze outward.

Australia’s $2.9 trillion superannuation industry is in a state of flux. Following recent reports from the Productivity Commission and Hayne Royal Commission, government and regulators have sought to rapidly implement a range of new measures aimed at addressing the various shortfalls identified.

Robo advice is much more than just an alternative to phone or digital advice. Super fund leaders should recognise its potential to deliver scalable, consistent and conflict-free decision support, improving financial literacy and education, driving positive member engagement, outcomes and growth.

When you think of Australia’s greatest exports, our national treasures or our most beloved “heroes”, it’s natural to conjure images of sporting giants. But the fact is none of them have affected our lives – or enriched our country’s fortunes – as profoundly as two men.

Financial technology and infrastructure company, Sargon, has officially launched in New Zealand, unveiling its next-generation trustee cloud infrastructure – the Sargon Trustee Cloud – to power KiwiSaver schemes and corporate trusts.

Financial technology and infrastructure company, Sargon, today announces it has acquired the Trustee Services business, comprising Diversa Trustees Limited and CCSL Limited (Diversa), from OneVue Holdings Limited (ASX: OVH) for a total purchase consideration of $43 million.

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.

Financial technology and infrastructure company, Sargon today announces the rebrand of its wholly-owned subsidiary, Madison Financial Group to Sargon Adviser Services.

Financial technology and infrastructure company, Sargon, today announces that its full-stack trustee technology solution – the Sargon Trustee Cloud – will launch as a Software as a Service (SaaS) offering for superannuation trustees in Australia and KiwiSaver supervisors in New Zealand in early 2020.

Sargon has confirmed its appointment as trustee for Virgin Australia Holdings’ (ASX: VAH) (Virgin Australia) successful notes offer, with A$325 million in unsecured notes issued on the Australian Securities Exchange (ASX).

Financial technology and infrastructure company, Sargon was recognised in the 2019 Top 50, Leadership and Tech Fast Female categories.

Financial technology and infrastructure company, Sargon, today unveils a new full-stack administration technology solution for the superannuation and funds management industry.

Sargon has secured three new clients in New Zealand – Christian Savings Limited, Kōura Wealth Limited and Kernel Wealth Limited.

Financial technology and infrastructure company, Sargon, has officially launched in New Zealand, unveiling its next-generation trustee cloud infrastructure – the Sargon Trustee Cloud – to power KiwiSaver schemes and corporate trusts.

Financial technology and infrastructure company, Sargon, today announces it has acquired the Trustee Services business, comprising Diversa Trustees Limited and CCSL Limited (Diversa), from OneVue Holdings Limited (ASX: OVH) for a total purchase consideration of $43 million.

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.