News & Insights
Sargon has acquired Diversa from OneVue (ASX:OVH)
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…
Managing conflict the next step
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.
Dealing with the demographic change
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…
Sargon launches SMSF alternative
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.
Former Labor senator Stephen Conroy joins Sargon
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.
Sargon acquires Heritage Trustee Company Limited
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.
Sargon acquires listed robo advisor
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.