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Showing 1 - 10 of 100+ results for "Energy Super"

Mergers push member positivity

ANNABELLE DICKSON  |  THURSDAY, 10 JUN 2021
... post-merged entity was named earlier this week. LGIAsuper will scale up to a $28 billion fund after impending merger with Energy Super, and purchase of Suncorp's superannuation business. The $61 billion Hostplus has entered a partnership with Maritime ...

LGIAsuper reveals post-merger executive, board lineup

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
LGIAsuper, which is set to finalise its merger with Energy Super next month, has unveiled its new-look leadership team. In an update on the progression of the merger, after already announcing Kate Farrar as chief executive of the merged fund, LGIAsuper ...

Hostplus eyes Intrust merger

KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 21 MAY 2021
... will create a roughly $200 billion fund. LGIAsuper will scale up to a $28 billion fund after impending merger with Energy Super, and purchase of Suncorp's superannuation business. Intrust and Hostplus both declined to comment specifically on speculation ...

LGIAsuper picks custodian for merged fund

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
... total $28 billion in assets. The merged industry fund will use NAB Asset Servicing as its custodian, siding with Energy Super and Suncorp Portfolio Services' current custodians and moving away from LGIAsuper's current custodian J.P. Morgan. LGIAsuper ...

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... and will retain about 130 staff that work within the wealth business. LGIAsuper is in the process of merging with Energy Super, which upon completion and taking into account the Suncorp acquisition, will create a $28 billion fund with some 250,000 members. ...

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
Ahead of its merger with Energy Super, LGIAsuper has made several changes to its insurance offering and announced the closure of its Lifecycle product. Having maintained its level of insurance premiums charged to members since July 2015, LGIA said an ...

Funds announce chief ahead of merger

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
With LGIAsuper and Energy Super to merge , the funds' boards have agreed on who will be chief executive. LGIAsuper chief executive Kate Farrar will lead the merged funds from 1 July 2021. The merger of LGIAsuper and Energy Super will see the funds ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... proportions of women leadership are: Aware Super, BUSSQ MySuper, CareSuper, Commonwealth Superannuation Corporation, Energy Super, HESTA, Media Super, NGS Super Accumulation, TASPLAN and Telstra Super. Women hold $1.2 trillion of FUM out of the nearly ...

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... underperforming funds opt to merge with a stronger partner." Several mergers are currently in the works, LGIAsuper and Energy Super; NGS Super and Australian Catholic Superannuation and Retirement Fund; QSuper and Sunsuper ; and Media Super and Cbus. ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
LGIAsuper and Energy Super will proceed with a merger that is set to finalise as early as 1 July 2021. The board of the two Queensland-based superannuation funds have signed a binding heads of agreement following a two-and-a-half month due diligence ...
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