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Showing 171 - 180 of 560 results for "HOSTPLUS"

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... investment in Santos represented a larger portion of its Australian shares exposure at 1.11%, but only amounted to $3 million. Hostplus, meanwhile, had a $62 million holding in Santos as at 31 March 2020. Santos currently appears in the top 20 holdings ...

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... whose members have suffered as a result of the COVID-19 pandemic have also paid out considerable sums. Hospitality fund Hostplus has plaid over $3 billion to members and construction industry fund Cbus has paid $2.26 billion. Qantas Superannuation Plan ...

Industry fund shifts service functions to Link

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... centre, communications, complaints and employer servicing functions will transition to Link Group and housed under the Hostplus Service Excellence Centre (HSEC). The internal dispute resolution function will also transfer from Hostplus' trustee office ...

Super funds overlook VC potential

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
... combined market of $33 billion, delivering net annual returns of 12.49%. Two years ago, Financial Standard reported that Hostplus was tipped to become the largest investor in venture capital in Australia, with assets estimated to reach $1 billion. Hostplus ...

Alternatives win big mandates

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... mandates decreased by 38%. The top five organisations that awarded the most mandates in the period were Christian Super, Hostplus, Australian Catholic Superannuation Retirement Fund, Aware Super and NGS Super. Superannuation assets totaled $2.8 trillion ...

Hostplus invests in vegan meat, sustainability

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
Hostplus has ramped up its private equity investments with a commitment of over $1 billion across projects that tackle climate change including a meat alternative. The $48 billion industry fund's annual report outlined the investments in medical ...

Hostplus freezes premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
As life insurance premiums continue to soar, industry fund Hostplus has managed to negotiate a premium freeze for members. The $48 billion super fund has secured a three-year freeze, which will maintain the current rate of death and total and permanent ...

Aussies continue to drain super

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
... followed by Sunsuper at $3.4 billion and Rest at $3.1 billion. Other funds with members hardest hit by the pandemic like Hostplus and Cbus have paid out $2.9 billion and $2.1 billion respectively. Funds have done a good job keeping up with APRA's ...

Super-backed company develops COVID treatment

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
A biotech company backed by AustralianSuper, HESTA, Hostplus and Statewide Super has developed a new preventative treatment shown to reduce COVID-19 levels by up to 96%. The product, INNA-051, is being developed by Ena Respiratory, and works by stimulating ...

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... providing insurance cover, reducing the impact to members." Tasplan also recently upped income protection by 7.3%, meanwhile Hostplus increased optional income protection premiums for a small portion of its members (about 3%) by 73%. In April this year ...