Search Results | Showing 1 - 10 of 29 results for "super fund merger" |
| | | In 2019, then APRA chair Wayne Byres had a blunt message for superannuation funds: "Are you going to get better, or are you going to get out?" The question marked the decisive shift in the regulator's tone, making its agenda explicit: super funds ... |
| | | | Spirit Super's investment options will be renamed and changed to align with those currently offered by CareSuper ahead of their merger in November. Spirit Super's default balanced investment option will shift to a more defensive stance, adjusting ... |
| | | | ... outflows in cash (cyclical, low margin) and Australian equities, driven by manager rationalisation following a super fund merger and outflows from lower margin former Westpac AUM." Despite the outflows, 66% of strategies outperformed over a three-year ... |
| | | | ... billion, and is expected to occur at some point in the first half of 2024. It is the second major corporate super fund merger ART has completed this year, with the first being that of Woolworths and Endeavour Group's offerings in August. "At Australian ... |
| | | | Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST) are merging, announcing a new unified organisation to represent profit-to-member superannuation funds. In a joint statement, ISA and AIST said the merged entity ... |
| | | | Holding Redlich partner Luke Hooper says when it comes to AustralianSuper's recent intra-fund consolidation breach, it's likely the root cause lays in data entry. The recent case of AustralianSuper refunding 100,000 members it had held multiple ... |
| | | | Foresters Financial has appointed former Media Super executive Michael McQueen as its new chief investment officer. McQueen brings 15 years' experience in financial services to Foresters, including extensive experience in super fund mergers, most recently ... |
| | | | A survey of institutional investors, representing $26.8 trillion in assets, conducted by Schroders has found 80% of global institutional investors find sustainability challenging. Schroders surveyed 750 institutional investors, including 205 in Asia ... |
| | | | ... with AustralianSuper. In a different industry, Hostplus has also entered a partnership with Maritime Super. Super fund merger activity has intensified in Queensland in recent months. The most significant of these is the QSuper and Sunsuper merger which ... |
| | | | APRA deputy chair Helen Rowell says the regulator agrees with the industry view that funds under $30 billion in assets should merge. Rowell said APRA was aware of about 12 super fund mergers currently underway. "The emerging industry view seems to be ... |
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