Noosa News
Suncorp enters agreement to sell wealth arm to LGIAsuper
Suncorp has revealed it will sell off its wealth management business to another Queensland-based superannuation fund.
In a statement lodged to the Australian Stock Exchange on Wednesday, the financial and insurance group announced it had entered into an agreement to sell off its wealth division to LGIAsuper.
The deal means 137,000 Suncorp superannuation members will merge into LGIAsuper, which is already looking at amalgamating with another Queensland fund, Energy Super.
The juiced-up super fund is estimated to be worth $28bn in funds under…
-
Noosa News18 hours agoElectrify your vehicle, home or business at Noosa’s EV & Electrify Everything Expo
-
General24 hours agoElon Musk deletes post claiming Donald Trump is ‘in the Epstein files’
-
General22 hours agoVance downplays row between Trump, ’emotional guy’ Musk
-
General14 hours agoCanberra man accused of flashing and assaulting 12-year-old girl released on bail