Equity Trustees finalises acquisition of ZAS

EQT/equity-trustees/Zurich/

22 March 2019
| By Oksana Patron |
image
image
expand image

The holding company for Equity Trustees, EQT Holdings, has announced that it has finalised the acquisition of Zurich’s Australian superannuation trustee, Zurich Australian Superannuation (ZAS).

The acquisition deal was signed on 25 February and completed on 21 March.

ZAS is the superannuation trustee for the Zurich Master Superannuation Fund, which had approximately $1 billion in funds under trusteeship and 18,000 members across traditional, accumulation and pension products.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago

TOP PERFORMING FUNDS