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Showing 111 - 120 of 157 results for "Successor fund transfer"

Equipsuper in another merger

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
Equipsuper has kicked off another successor fund transfer with an 83-year-old corporate superannuation fund that has more than $680 million of assets. BOC Super will merge into the $16 billion superannuation fund after its trustee determined that the ...

NEOS shakes up leadership team

KARREN VERGARA  |  MONDAY, 1 MAR 2021
... was transferred into OneSuper (formerly Smartsave Member's Choice Superannuation Plan) by way of a successor fund transfer on 1 January 2021. The plan's trustee Tidswell Financial Services wrote to members on 13 November 2020 informing members ...

Future Super, Verve accused of misleading members

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
... be other issues for the Parliament to consider," he said. He pointed to MAP and LESF Super's recent successor fund transfer to SmartSave as an example of Diversa ensuring funds have sufficient scale to benefit members. Future Super said it spends ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
Of the almost 3500 stories penned this year, these are the stories the Financial Standard team feels defined 2020. The Financial Standard editorial team has written 3484 stories so far in 2020. It wasn't always easy either. Like most of you, we ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
... Education Superannuation Scheme (TESS) and Superannuation Scheme for Australian Universities (SSAU) via a successor fund transfer that came into effect on 1 October 2000. The constitution of the merged fund provides for a board of eight to eleven peo ...

Successor fund transfer finalised

ELIZABETH MCARTHUR  |  TUESDAY, 17 NOV 2020
A $65 billion industry fund is now home to the members of a corporate super plan after a successor fund transfer, which had been delayed, was completed. The IAG & NRMA Superannuation Plan first announced it would merge with Sunsuper in February 2019. ...

Retail super offerings in successor fund transfer

JAMIE WILLIAMSON  |  MONDAY, 2 NOV 2020
The successor fund transfer of another OneVue-administered retail super offering and all its sub-plans is set to commence later this month. Following on from its decision to transfer LESF Super to Smartsave earlier this year, OneVue's Diversa is pushing ...

APRA advises funds to review ownership structures

ELIZA BAVIN  |  FRIDAY, 16 OCT 2020
... restructure of a corporate group; An acquisition of shares in an RSE licensee or its holding company; or A successor fund transfer that results in the issue or transfer of shares to a director, employer organisation or employee organisation. APRA said ...

ClearView pushes ahead with SFT

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
The ASX-listed wealth and insurance company will complete the successor fund transfer of its risk-only superannuation products to HUB24, which is scheduled to take effect on October 31. ClearView will move its clients from its LifeSolutions Super and ...

Perpetual successor fund transfer to go ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... Perpetual as being in the best interests of members In March 2019, it was decided by Perpetual that a successor fund transfer was necessary to protect members best interests on the back of poor performance of the Perpetual MySuper option. A year later ...