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Showing 121 - 130 of 591 results for "Sunsuper"

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
Sunsuper is raising the indirect cost ratio for its Balanced option by 19bps, attributing it to better performance since COVID-19. Sunsuper's balanced option currently charged ICR of 40bps per year, which totals $200 for every $50,000 invested. ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
AMP Australia is reducing fees on its platforms, in a bid to attract more clients. Its flagship MyNorth wrap reduced administration fees by up to 22% effective May 1 for balances above $250,000. Administration fee caps for individuals are reducing by ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... KPMG defined mega funds as those with more than $100 billion in AUM and sub-mega funds as those with over $50 billion. Sunsuper and QSuper will merge later this year with the two funds becoming a $200 billion entity, while AustralianSuper already has ...

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... month, the Australia Post Superannuation Scheme (APSS) signed a non-binding heads of agreement to explore a merger with Sunsuper, which is committed to a merger with QSuper to create a $200 billion plus fund. Also last month, Aware Super signed a Memorandum ...

BUSSQ appoints two executive managers

KANIKA SOOD  |  TUESDAY, 13 APR 2021
The $5 billion industry fund has appointed two executive managers. Camille Magee moved to executive manager, relationships, growth and advice, Financial Standard's sister publication Industry Moves confirmed. Magee has previously worked at Equipsuper ...

Sunsuper, QSuper members ask for better climate disclosures

KANIKA SOOD  |  TUESDAY, 6 APR 2021
About 200 members from Sunsuper and QSuper have written to the funds, asking them to disclose holdings in thermal coal, among other climate change risks. The two funds are set to merge this year, creating a $200 billon fund with over 600,000 members. ...

AMP names new chief executive

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... organisation's culture." The announcement comes as speculation grew that De Ferrari was set to resign last Thursday and former Sunsuper chief executive and current AMP Australia chief executive Scott Hartley was expected to step in as his interim ...

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... March 25 reported De Ferrari was set to resign on the day, after just over two years at AMP. The report added former Sunsuper chief executive and current AMP Australia chief executive Scott Hartley would step in as his interim replacement. AMP this morning ...

APSS explores merger with Sunsuper

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... The Australia Post Superannuation Scheme (APSS) has signed a non-binding heads of agreement to explore a merger with Sunsuper. The $8 billion APSS has been closed to new Australia Post employees since 2012 and has around 30,000 members. APSS Trustee's ...

Rainmaker reveals 2021 AAA super products

JAMIE WILLIAMSON  |  TUESDAY, 23 MAR 2021
... throughout last year, including that of First State Super and VicSuper to create Aware Super, WA Super and Aware, and Sunsuper and the IAG & NRMA Superannuation Plan. The past year has been a difficult time for many super fund members, he added. "Times ...