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Showing 121 - 130 of 160 results for "Successor fund transfer"

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 ...

ACSRF, NGS Super explore merger

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... happening by late 2021 though they haven't yet set a fixed date. The merger will be conducted via a successor fund transfer (as opposed to an extended public officer licence, as with Equipsuper and Catholic Super which retained their brand identities). ...

Equipsuper, corporate fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUL 2020
As it gears up for its own merger, Equipsuper has completed another successor fund transfer, transitioning the corporate super plan of a national wealth management group. Equipsuper is now home to the 950 members of the Pitcher Retirement Plan, with ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... trust. LESF Super will be merged into Smartsave 'Member's Choice' Superannuation, with the successor fund transfer expected to commence on June 30 and be completed by July 16. The transfer includes all accounts attached to LESF Super sub-plans ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... discussions with other superannuation funds and expect to finalise the divestment by early 2020 through a successor fund transfer," Wilson told Financial Standard in December last year. The spokesperson for Grow added that current clients and client ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19. The IAG & NRMA Superannuation Plan in February 2019 announced plans ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... Financial Standard first reported March 20. However, at the end of that month, COVID-19 put a halt to the successor fund transfer plans. "Due to the market volatility and uncertainty caused by COVID-19, Perpetual Superannuation Limited (the Trustee) ...

Super fund transfer delayed amid COVID-19

KANIKA SOOD  |  THURSDAY, 2 APR 2020
AMP has delayed the successor fund transfer of one of its superannuation clients, who previously decided to switch to another fund, citing current market volatility. Anglican National Super in October 2018 decided it would end its 14-year long relationship ...