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Showing 11 - 20 of 89 results for "Public Sector Superannuation"

Billions withdrawn from super

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... super," the ATO said. "If an individual applies to the ATO for the release of an amount from an exempt public sector superannuation scheme (EPSSS), the ATO will process the application, make a determination and send a notification to the EPSSS." The ...

COVID-19 clogs custody mandate pipeline

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... processes may be interrupted as a result of the pandemic and efforts to slow its spread. The $35 billion public sector superannuation fund Funds SA is also delaying its custody switch. The super fund had planned to end its 19 year relationship with J.P. ...

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... services to AustralianSuper, Hostplus, MTAA Super and HESTA among others. Mercer head of industry and public sector superannuation Jo-Anne Bloch told Financial Standard that Mercer has established a team to develop its approach to early release payments. ...

Australian Unity investment boss to lead Mercer

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... said. Anderson said Walsh's responsibilities will still transition to Mercer head of industry and public sector superannuation Jo-Anne Bloch from April 30. Bloch will hold the reins until Bryant officials begins his new role. "I thank Ben Walsh for his ...

New role for Mercer chief

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... chief executive on April 30. The global consultant has already appointed its head of industry and public sector superannuation, Jo-Anne Bloch, to take the reins in the interim. Bloch was profiled by FS Super in its final edition of 2019, where she spoke ...

Superannuation fund delays custodian swap

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
A $35 billion public sector superannuation fund has deferred its transition to a new custodian, citing heightened short-term risk from COVID-19. Funds SA last July said it would end its 19-year-long custody relationship with J.P. Morgan and move to ...

Mercer chief executive to step down

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
... year tenure as head of the firm's Australian operations on April 30. Mercer head of industry and public sector superannuation Jo-Anne Bloch will step into Walsh's vacant role in the interim, with the former Financial Planning Association of Australia ...

Super fund grows US real estate assets

HARRISON WORLEY  |  WEDNESDAY, 15 JAN 2020
A public sector superannuation fund managing around $95 billion in retirement savings expanded its US property portfolio, adding residential and office tower complexes in Washington and Virginia. QSuper has closed two property deals in the US, acquiring ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... schemes under CSC's purview that have active contributors: Commonwealth Superannuation Scheme (CSS), Public Sector Superannuation Scheme, Military Superannuation and Benefits Scheme, and the Defence Force Retirement and Death Benefits (DFRDB). It is ...

$3.3 billion fall in retail managed funds

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... saw $5.7 billion in super and $12.9 billion in pensions moved out of retail funds management to a public sector superannuation fund, First State Super. Excluding the StatePlus transfer, the underlying overall annual and quarterly growth rates were 5.0% ...