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Showing 101 - 110 of 282 results for "Catholic Super"

Eaton Vance wins super fund mandate

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
A $9 billion superannuation fund has mandated Eaton Vance for a slice of equity allocations for its retired members, with the goal of providing downside protection while meeting specific yield targets. Australian Catholic Superannuation Retirement Fund ...

Industry fund ups insurance premiums

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
An $8.5 billion industry superannuation fund is increasing the cost of insurance premiums paid by members. Australian Catholic Superannuation and Retirement Fund is upping the cost of its death and total and permanent disablement unitised cover as it ...

Cbus, Media Super explore merger

KANIKA SOOD  |  THURSDAY, 25 JUN 2020
... merger partners, Media Super has settled on Cbus in a model that is expected to be similar to that of Equipsuper and Catholic Super joint venture. The two funds haven't yet signed a memorandum of agreement or completed any due diligence, but are ...

ERS payments reach $15bn

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
Almost $15 billion has been removed from Australia's superannuation system, but the number of weekly applications has started to reduce. Over the week to June 7, superannuation funds made payments to 167,000 members, bringing the total number of payments ...

No slowing ERS applications

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
Around 177,000 applications for the Early Release of Super scheme were received in the week ending May 31, as the total approaches two million. Since the inception of the scheme in mid-April, payments that have been made to eligible members have taken ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
At a hearing of the House of Representatives Standing Committee on Economics that was supposed to focus on ME Bank's recent troubles, the super funds performing poorly in terms of early release copped surprise criticism. APRA had advised that early ...

ERS withdrawals surpass $10bn

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Over $10 billion has been withdrawn under the government's Early Release of Super scheme, with 70% paid out by just 10 funds. Over the period from April 20 to May 17, payments that have been made to eligible members have taken an average of 3.3 ...

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
APRA has released the newest ERS statistics for the week ending May 10, revealing funds have slipped in meeting the five-day deadline. The weekly report shows 94% of funds paid applications within five business days, down from 96% the previous week. ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
APRA has released fund-level data showing the progress of the early release of super scheme, with 96% of requests being met within five business days. However, several funds have taken far longer. APRA's figures to May 3 show 830,000 payments were ...

Frontline worker death nominations spike

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
The chief executive of Catholic Super and Equipsuper has shared new data revealing a sharp increase in enquiries on life insurance and updates to death nominations for essential workers. Scott Cameron said the five offerings over which he serves as ...