Naveed Zamir, FCCA’s Post

📰 Announcing our planned acquisition of Iress’ superannuation business, reinforcing our commitment to advancing the superannuation industry in Australia. 🔖 Read the news: https://okt.to/NV1o0r As we welcome the Iress superannuation team and their clients, our priority is to enhance member engagement and increase the capabilities of the market leading Acurity platform to better support our clients' needs. We look forward to building on the success of the superannuation business, leveraging our experience to deliver even greater value to members. 💬 Read our Founder and CEO, Peter Hughes’ comments on the news in the link above. #Superannuation #Acquisition #ApexGroup #FinancialServices #Iress

📰 Announcing our planned acquisition of Iress’ superannuation business, reinforcing our commitment to advancing the superannuation industry in Australia. 🔖 Read the news: https://okt.to/oNVL3k As we welcome the Iress superannuation team and their clients, our priority is to enhance member engagement and increase the capabilities of the market leading Acurity platform to better support our clients' needs. We look forward to building on the success of the superannuation business, leveraging our experience to deliver even greater value to members. 💬 Read our Founder and CEO, Peter Hughes’ comments on the news in the link above. #Superannuation #Acquisition #ApexGroup #FinancialServices #Iress

Excited to announce our planned acquisition of Iress’ superannuation business – a key step in Apex Group Ltd’s mission to innovate and advance the superannuation industry in Australia! 🔖 Read the news: https://okt.to/qKIAEg As we welcome the Iress superannuation team and their clients, our priority is to enhance member engagement and increase the capabilities of the market leading Acurity platform to better support our clients' needs. We look forward to building on the success of the superannuation business, leveraging our experience to deliver even greater value to members. 💬 Read our Founder and CEO, Peter Hughes’ comments on the news in the link above. Nick Happell Andrew Griffioen #Superannuation #Acquisition #ApexGroup #FinancialServices #Iress

A new report from KPMG has affirmed the "impressive" investment returns delivered by the super sector, despite concerns of consolidation. https://lnkd.in/g2WB5eRW #fundmergers #investmentreturns #kpmg #mergersandacquisitions #superannuation #superannuationfundmergers

Is your super being managed in a way you never intended it to be? Perhaps you started with First State Super, then went to VicSuper and now Aware Super have taken the reins. Or, maybe you set out with Media Super which merged with Cbus in early 2022. This likely created some headaches… additional paperwork, new log in details, the need to update employers, create new beneficiary nominations… the list goes on. Not to mention that each change results in a new fee structure, a new investment menu and different levels of personal insurance cover. Consolidation within the superannuation industry has been rife in recent years. According to The Super Guide, a staggering 36 mergers have completed in less than three years. And it doesn’t end there, Mercer Super predicts the number of super funds in Australia will decline another 30% over the next five years. So, if you’re not reviewing your super fund on a regular basis, you’ll likely end up in a completely different one than where you started. This may be a positive or it could jeopardise what can become one of your most valuable assets.  If this all seems overwhelming, we can help - reach out by visiting my bio and booking in a 15-min intro call. #superannuation #financialadvice #investing #NeoWealthManagement

A&O Shearman Luxembourg’s M&A and financial services regulatory teams have successfully advised global specialist provider of corporate & global expansion, active wealth, pensions & incentives and fund services ZEDRA Group in its strategic investment in RBB Business Advisors, a French firm specializing in accounting, HR, and tax services for both domestic and international clients. This expansion will see ZEDRA integrating 33 employees from RBB Business Advisors, increasing its total headcount to over 1,200 professionals across 17 countries throughout Asia, the Americas, and Europe. The advisory team was led from Luxembourg by partners Jacques Graas and Baptiste AUBRY, alongside counsel Alann Le Guillou, senior associates Anne-Sophie Besançon, Joachim Apra, Victor Ferreira, associate Angeliki Kontodimos and junior associate Damien Frutuoso. #MandA #CorporateServices #WealthManagement #FundServices #LuxembourgLaw #AOShearman

Family offices have emerged as the fastest growing proportion of private capital investors, increasing from 7% to 36% in the four years to December 2023. The number of active Australia-based family offices is eight times higher than four years ago, data from Preqin shows.    Meanwhile, the proportion of superannuation funds as private capital investors has more than halved, dropping from 47% to 20% over the same period. This decline is potentially due to a trend of mergers between superannuation funds and their need to invest at scale.    Government agencies, insurance companies, banks, endowment plans, fund of funds, and other limited partners have remained relatively consistent during this time. For more data, research and insights visit:    https://lnkd.in/gxdh2ffK   #InvestmentCouncilAU 

Important Update: CareSuper is merging with Spirit Super. This will affect your superannuation arrangements. We would like to inform you that CareSuper is merging with Spirit Super, and the current CareSuper fund will close on Friday, 1 November 2024. From this date, superannuation contributions for the following fund will no longer be processed automatically: CareSuper (Unique Super Identifier (USI): CAR0100AU) Employees with CareSuper accounts will be transferred to a new fund with the same name but different details. The new USI will be MTA0100AU, and the ABN will be 74 559 365 913. CareSuper will issue new member numbers to employees starting from Friday, 1 November 2024. Actions Required: Please visit CareSuper’s website to read more about the merger and any actions needed to ensure your employees' contributions are processed correctly. Once employees receive their new membership details, you will need to update their information in your payroll system with the new fund details. Please feel free to contact our office should you have any queries.

For this edition of our authoritative annual survey, we canvassed +1800 Asia, EMEA, LATAM financial services experts who advise UHNWI. #WealthManagement #InvestmentAdvisory #FamilyWealth #PwC #JuliusBaer

Creating a solid partnership agreement is crucial for business success and longevity. Such agreements ensure clarity and prevent disputes, especially during unexpected events like the departure, illness, or death of a partner. This is particularly important as Australia's baby boomer generation continues to live longer and remain active in business, often needing to address succession planning and retirement transitions. Why a Partnership Agreement Matters: A well-crafted agreement defines roles, profit-sharing, decision-making authority and dispute resolution processes. It also includes continuity protocols to safeguard the business if a partner exits or passes away. For instance, many agreements stipulate buyout terms to ensure smooth transitions and protect the company from financial or operational strain during such changes. Reach out to us for more succession advice: https://lnkd.in/gtd-CYAh #Successionplanning #Financialadvice businessstructure #partnershipagreementaustralia