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Madison Update – 8 April

Commercial in confidence

Thank you to those who joined us today for our weekly update on the sale. Today was the original due date for final bids; however, due to the current circumstances we all find ourselves in, this has been extended by a week. This is a positive outcome as it will allow the bidders additional time to review the significant amount of information contained within the data room. Additionally, they will now have a reasonable amount of time to ask questions of the leadership team and adviser panel before finalising their bids.

The leadership team have received within the data room several questions as a follow up from yesterday’s meeting with one of the potential bidders. We anticipate all bidders will continue to seek clarification and ask more questions. The leadership team will remain focussed on responding to these quickly leading up to the final bid.

The Adviser Panel met this afternoon with the same potential bidder as the leadership team‘s meeting yesterday. This meeting was to discuss their questions (as well as yours) and to hear from the bidder “Why Madison?”.

CLICK HERE to register once for the Madison Update recurring webinar.

The Millman Turning Insights into client conversations webinar, hosted by Sophie Firminger, Nigel Crampton and Wade Matterson, will be held tomorrow at 11.30am. Please read below for more information.

Milliman Webinar – Turning insights into client conversations
Milliman is a global actuarial management consultancy that looks to distil complex financial issues into clear outcomes.

Given the changing economic environment understanding your client and their circumstances is now more important than ever. There is a lot of information and commentary hitting our inboxes in light of COVID-19. We understand this makes it hard to access what you need to assist with important conversations you are having with your clients.

This webinar will help you cut through the noise. Milliman have undertaken research on retirees and pre-retirees which is likely to help with some conversations you are having with your clients.

Nigel and Wade will share their valuable insights on:

  • How much is the age pension worth?
  • Insights on retiree spending
  • Managing investment risk – adding another string to your bow. Giving you more options.
The webinar is on at 11am Thursday 9 April, and again the following Thursday at the same time. CLICK HERE to register for your preferred timeslot.

Nigel Crampton is Head of Managed Accounts for Milliman Australia.
Wade Matterson leads Milliman’s Australian practice
We hope you can join us tomorrow for our virtual drinks at 3.30pm We are looking to celebrate with an Easter theme leading into the Easter long weekend. CLICK HERE to register – we hope to see you there!
Contact numbers
Head Office 1300 789 575
Kerry 0402 145 480
David 0466 710 170
Jaime 0439 079 786

Sincerely,

Jaime Johns
Kerry Thomas
David Hunt

Go Back
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Madison Update – 8 April

Commercial in confidence

Thank you to those who joined us today for our weekly update on the sale. Today was the original due date for final bids; however, due to the current circumstances we all find ourselves in, this has been extended by a week. This is a positive outcome as it will allow the bidders additional time to review the significant amount of information contained within the data room. Additionally, they will now have a reasonable amount of time to ask questions of the leadership team and adviser panel before finalising their bids.

The leadership team have received within the data room several questions as a follow up from yesterday’s meeting with one of the potential bidders. We anticipate all bidders will continue to seek clarification and ask more questions. The leadership team will remain focussed on responding to these quickly leading up to the final bid.

The Adviser Panel met this afternoon with the same potential bidder as the leadership team‘s meeting yesterday. This meeting was to discuss their questions (as well as yours) and to hear from the bidder “Why Madison?”.

CLICK HERE to register once for the Madison Update recurring webinar.

The Millman Turning Insights into client conversations webinar, hosted by Sophie Firminger, Nigel Crampton and Wade Matterson, will be held tomorrow at 11.30am. Please read below for more information.

Milliman Webinar – Turning insights into client conversations
Milliman is a global actuarial management consultancy that looks to distil complex financial issues into clear outcomes.

Given the changing economic environment understanding your client and their circumstances is now more important than ever. There is a lot of information and commentary hitting our inboxes in light of COVID-19. We understand this makes it hard to access what you need to assist with important conversations you are having with your clients.

This webinar will help you cut through the noise. Milliman have undertaken research on retirees and pre-retirees which is likely to help with some conversations you are having with your clients.

Nigel and Wade will share their valuable insights on:

  • How much is the age pension worth?
  • Insights on retiree spending
  • Managing investment risk – adding another string to your bow. Giving you more options.
The webinar is on at 11am Thursday 9 April, and again the following Thursday at the same time. CLICK HERE to register for your preferred timeslot.

Nigel Crampton is Head of Managed Accounts for Milliman Australia.
Wade Matterson leads Milliman’s Australian practice
We hope you can join us tomorrow for our virtual drinks at 3.30pm We are looking to celebrate with an Easter theme leading into the Easter long weekend. CLICK HERE to register – we hope to see you there!
Contact numbers
Head Office 1300 789 575
Kerry 0402 145 480
David 0466 710 170
Jaime 0439 079 786

Sincerely,

Jaime Johns
Kerry Thomas
David Hunt

Go Back