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Showing 221 - 230 of 450 results for "Aware Super"

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... leading a US$200 million funding round in the year prior that took Canva's valuation to new heights of US$40 billion. Aware Super is currently invested in Canva via Blackbird Ventures. APRA did not mention which super funds are invested in Canva but ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
Aware Super is now sole owner of Oak Tree Group, positioning itself as a significant owner of retirement living assets in Australia while also increasing its global presence in the living sector to $5 billion. Back in 2017, the fund's initial commitment ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... a superannuation tax offset to prevent low-income workers from being penalised. The group of funds, which include Aware Super, Cbus, HESTA, and AustralianSuper, together with Women In Super, say that by making the changes, it will end one of the gendered ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... will be insured by Challenger. On July 31, Challenger kicked off its defined benefit (DB) de-risking partnership with Aware Super. Challenger will help de-risk the liabilities associated with $619 million worth of lifetime annuities in the first quarter ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
While adding a new head of portfolio management and chief operating officer for investments, Aware Super has lost one of its key portfolio managers to an asset consultant. Evidentia Group has appointed Jo Cornwell as head of manager research and a member ...

Aware Super hires business development lead

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... Group as its head of corporate super and spent over two years at MLC as its head of product in the super division. Aware Super's group executive, member growth Steve Travis said the appointment will accelerate the fund's strategies in the intermediated ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
Aware Super members with at least $15,000 in their account can now invest their super directly in term deposits, locking in rates currently as high as 5.25%. In April, Financial Standard flagged Aware Super was introducing a term deposit investment ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
Challenger will provide Aware Super with a $619 million group lifetime annuity policy to de-risk some of its lifetime pension liabilities. Challenger was selected by the fund, saying it is well placed to meet the needs of Aware Super's defined benefit ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
Two years after announcing its major digital overhaul, Aware Super has reported tangible benefits from its transition to the Bravura Sonata Alta platform. Aware Super chief executive Deanne Stewart noted the move, initially driven by the need to consolidate ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
... have reported their FY23 results. Brighter Super registered a return of 10.62% for its MySuper investment option. Aware Super followed suite, delivering a 10.7% return, while UniSuper reported a 10.3% return. Australian Retirement Trust (ART) wasn't ...