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Showing 1 - 10 of 17 results for "Suncorp Portfolio Services"

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... remuneration, which thereby reduced their super balances. The defendants in the matter are the trustee Suncorp Portfolio Services and two former directors, Geoff Summerhayes and Sean Carroll, who were accused of breaching their duties. To settle the ...

LGIAsuper expands leadership as acquisition completes

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
... Suncorp's superannuation business, adding to its executive team in the process. The acquisition of Suncorp Portfolio Services Limited, which is the first of its kind in the Australian superannuation market, brings LGIAsuper's total funds under management ...

LGIAsuper, Energy Super change fees

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... and some of our single asset class options." The superannuation fund is in the process of acquiring Suncorp Portfolio Services Limited (SPSL) which will result in 250,000 members and $28 billion in funds under management. The acquisition of SPSL is due ...

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
... into $13 billion LGIAsuper will be complete but the fund's three-way merger with the $6.4 billion Suncorp Portfolio Services will be just getting started. Farrar said as the fund transforms, it will also rebrand and have a new name. "We're starting ...

LGIAsuper picks custodian for merged fund

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
LGIAsuper, which is merging with Energy Supe r and recently bought S uncorp's superannuation assets, has appointed a new custodian for the total $28 billion in assets. The merged industry fund will use NAB Asset Servicing as its custodian, siding ...

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... assets under management and 137,000 members. LGIAsuper will pay $45 million for the acquisition of Suncorp Portfolio Services and will retain about 130 staff that work within the wealth business. LGIAsuper is in the process of merging with Energy Super ...

Colonial First State cops licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
... continued to charge fees to thousands of members after they'd died. Similarly, APRA has also slapped Suncorp Portfolio Services Limited (SPSL) with a new licence condition, also following an investigation of a matter raised by the Royal Commission ...

Suncorp Super appoints new chair

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
... been named. Jan Swinhoe, who is also chair of Mercer Superannuation, was appointed interim chair of Suncorp Portfolio Services. Her appointment follows the retirement of James (Jim) Evans who is nearing the maximum period of board tenure under Suncorp ...

ME Bank adds new chair, directors

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... Commonwealth Bank as chief risk officer of wealth management. He has also previously served as chair for Suncorp Portfolio Services and as a non-executive director of the Australian Infrastructure Fund as well as Hastings Funds Management. Currently ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... to be taken. APRA said it will delve further into tax refunds paid to a related party thanks to the Suncorp Portfolio Services Limited (SPSL) case study - which may not be consistent with the requirements of Prudential Standard SPS 231 Outsourcing. Maurizio ...
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