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Showing 141 - 150 of 397 results for "QSuper"

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... decision asking the fund to refund a member extra premiums, Financial Standard first reported. As a part of its appeal, QSuper had challenged AFCA's jurisdiction over the matter. The fund yesterday said it had decided not to appeal to High Court ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... its board, Mercer, citing COVID-19. A spokesperson for AMP said the transfer was completed on April 28. Late last month, QSuper and SunSuper delayed their merger saying due diligence was tougher while while staff are working remotely as a result of the ...

Super CIOs defend illiquid assets

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... liquidity issues facing super funds, the chief investments officers from AustralianSuper, First State Super, LGIAsuper, MLC, QSuper, Sunsuper, TelstraSuper and QIC State Investments - representing around $600 billion in assets for more than 6.5 million ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... members from other sectors or they could have been hit hard and may be struggling to continue." Forbes said with Sunsuper and QSuper in merger talks along with VicSuper and First State Super, the consolidation that has been happening over decades was ...

Queensland funds delay merger

HARRISON WORLEY  |  WEDNESDAY, 29 APR 2020
The impending merger of major Queensland superannuation funds QSuper and Sunsuper has been delayed. QSuper has confirmed its planned merger with Sunsuper has been delayed, owing to difficulties in conducting due diligence while staff are working remotely ...

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
... operating at a senior level across large financial services businesses." Separately, AFCA's decision to award a refund to QSuper member Tommy Lam on two and a half years' worth of overpaid premiums has been appealed in the Federal Court by the giant ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
QSuper has appealed against an AFCA decision favouring a member complaint seeking a refund on insurance premiums in the Federal Court. QSuper member Tommy Lam last year successfully complained to the Australian Financial Complaints Authority (AFCA) ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
The current volatility of global financial markets is taking its toll on some of Australia's largest superannuation funds. Latest Rainmaker analysis of superannuation returns and unit pricing shows Australia's large superannuation funds aren't ...

Queensland funds inch closer to merger

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Major Queensland superannuation funds QSuper and Sunsuper are a step closer to a merger, signing a Memorandum of Understanding to undertake exclusive due diligence to explore a merger. The agreement comes around four months after the two super funds ...

QSuper member drags board to court, loses

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... an insurance claim but had the appeal thrown out. Queensland resident Daniel Chapman went to the Federal Court wanting QSuper to pay him a greater interest on a delayed TPD benefit -- an appeal that had already been thrown out by the Superannuation Complaints ...