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| | | 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 ... |
| | | | 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 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 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 ... |
| | | | ... of just 0.02%. Australian Retirement Trust (ART) followed with $41.8 million spend on marketing (0.02% expense ratio) and Cbus with $34.7 million (0.05% expense ratio). ART spent a massive $77.3 million on member services, AustralianSuper spent $55.3 ... |
| | | | Morningstar has pointed out persistent leadership turnover and concerns about governance in a review of Cbus. "While turnover has not been high across the broader investment team and replacements have mostly been made, it's hard to view Cbus positively ... |
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