Future Group acquires Verve Super
Just a month on from taking on GuildSuper, Future Group has now acquired 100% of women-focused fund Verve Super.
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Just a month on from taking on GuildSuper, Future Group has now acquired 100% of women-focused fund Verve Super.
Of the 97 products to fail this year's superannuation performance test, 96 are trustee-directed products - 75% of which are issued by the same four trustees.
One of the largest superannuation funds on Diversa's books has signed with a new trustee, in what the fund's described as "positive news."
Equity Trustees investors will receive an interim dividend of 49c a share after it reported a 12% increase in revenues for the first half, helped along by the acquisition of Australian Executor Trustees.
The annual MySuper heatmap shows there are six products that had significantly poor performance in relation to the benchmark.