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Showing 131 - 140 of 835 results for "Cbus"

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... efficiently'," Court said. She went on to say that ASIC has "got much work to come early in the new year on this area". Cbus, BUSSQ, and First Super this year made headlines with respect to their ties with the Construction, Forestry and Maritime ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... complaints. AustralianSuper topped the list by far with 1550. This was followed by Australian Retirement Trust with 568 and Cbus with 493. Super fund trustees were responsible for 6288 of the total complaints. The majority of which (2034 or 56.93%) were ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
Fronting a Senate hearing today, Cbus chief executive Kristian Fok said the fund's board is still considering whether it will appoint the replacement directors nominated by the CFMEU back in September. In September, the CFMEU administrator re-nominated ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Senator Andrew Bragg has called on Cbus chief executive Kristian Fok to face a Senate inquiry over the recent legal proceedings launched by ASIC against the fund and the CFMEU scandal. "The reason that we're having a Senate inquiry in Canberra into ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
ASIC has launched legal proceedings against Cbus over delays in the processing of insurance claims made by members. Court documents were filed by ASIC in the Federal Court today, alleging members were impacted by delays to death and TPD claims processing ...

Prime Super names investments lead

ELIZABETH FRY  |  FRIDAY, 8 NOV 2024
... Super. As investment chief at the superannuation fund, he was deeply involved in successfully delivering the merger with Cbus in April 2022 and overseeing the transfer of members' retirement savings. Before that, he held several senior positions ...

Cbus names chief strategy officer

ELIZABETH FRY  |  FRIDAY, 1 NOV 2024
... Former Industry Super Australia chief Bernie Dean will permanently lead strategy and corporate affairs at the $94 billion Cbus. The industry stalwart has been appointed chief strategy officer after acting in the role since July 2024. In welcoming his ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... chief risk officer Will Sadler will also retain their roles. Simon Reiter was named chief technology officer, joining from Cbus Property. According to Rainmaker Information, CareSuper's default balanced option has delivered a 7.3% annual return over ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... funds spent the most on intra-fund advice with ART leading the pack at $17.7 million. HESTA ($12.4m), Aware Super ($10.7m), Cbus ($8.7m), UniSuper ($5.9m), Rest ($5.2m), and AustralianSuper ($4.2m) followed suit. A total of 17 super funds provide an ...

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
Cbus has made several senior staff redundant in pursuit of its growth strategy. The $94 billion industry fund has let go of its head of compliance, acting head of brand and marketing, head of marketing, communications, and insights, head of strategy ...