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Showing 131 - 140 of 661 results for "Cbus"

Wayne Swan to chair Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Former treasurer and deputy prime minister Wayne Swan will chair $65 billion industry fund Cbus. The fund announced today that Swan would succeed long-serving chair Steve Bracks next year. Commenting on his appointment, Swan said: "I'm humbled to ...

Communicate risk, defensiveness differently: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... Funds will have to communicate to members that the risk profile and return expectations for some portfolios has shifted. Cbus head of asset allocation and portfolio construction Leanne Taylor said Cbus agreed with Bowater that funds need to start thinking ...

Cbus changes insurance premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
... superannuation fund has informed members the premiums they pay for death and total and permanent disablement cover is changing. Cbus has issued new premium prices across its manual, electech, non-manual and professional categories which will kick in ...

Link profit slips

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... project revenue, partially offset by strong member and services growth, Link said. RSS renewed its major clients including Cbus and HESTA. Meanwhile, corporate markets generated $365 million of revenue in FY21 equating to 31% of group revenue. The division ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... annuity, pension or pooled longevity products. This is a method that has been used by some funds already including QSuper, Cbus, Sunsuper and BUSQ. Conversely, it wants disincentives (above a threshold) for retirees who take their pensions as a lump ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
... Standard recently, Standing Committee on Economics chair and MP Tim Wilson specifically named NFP funds AustralianSuper, Cbus and Hostplus among the funds the committee will likely call upon. All three funds have been involved in mergers since the government ...

Industry fund tops superannuation satisfaction survey

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
... funds 67.8% (up from 58.1%). In industry funds' satisfaction ratings, HESTA was followed by AustralianSuper, UniSuper and Cbus. In retail funds, OnePath was the highest ranking followed by Colonial First State, MLC, ASGARD, BT, Mercer and Suncorp. The ...

UniSuper's O'Sullivan on what's next

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... joined over the years. This is a sharp contrast to UniSuper's peers; funds like AustralianSuper, Aware Super, Hostplus and Cbus have continued to merge with smaller funds and often talk about actively scoping potential partners. "For many years ...

Ian Silk to leave AustralianSuper

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
The chief executive of Australia's biggest superannuation fund AustralianSuper will step down before the end of the year. Having led the fund since its creation on 1 July 2006, Ian Silk is set to leave the super fund at the end of this year. Chief ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... year, six-times the amount of all the compulsory Superannuation Guarantee contributions or 17-times what was paid in fees." Cbus highlighted this week that its MySuper financial year returns were the highest in the fund's 37-year history at 19.34%. Cbus ...