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Showing 11 - 20 of 72 results for "CSC"

Commonwealth Super Corp hires former MTAA investments lead

ELIZABETH FRY  |  FRIDAY, 17 FEB 2023
... investments at Medibank for four years and for the government statistician preparing the national accounts. His appointment to CSC follows a release by AV Super chief executive, Michael Sykes that the fund will merge with the Australian Retirement Trust. ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
The two funds are considering merging, after AvSuper's plans with Commonwealth Superannuation Corporation (CSC) fell through. Australian Retirement Trust (ART) and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, commencing ...

Financial services leaders recognised: 2023 Australia Day Honours

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
... various fields, including financial services, for their contributions to community and industry. Commonwealth Super Corporation (CSC) board member Juliet Brown has been appointed as a Member of the Order for her significant service to the insurance and ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
... administration fees for members. Following an Expressions of Interest process, AvSuper signed a Memorandum of Understanding with CSC in May 2022. In an update to members last month, AvSuper said due diligence on the merger is nearing completion. It said ...

Infratil sets up Aus focused renewable energy platform

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... Zealand infrastructure investment company will invest in Mint Renewables alongside the Commonwealth Superannuation Corporation (CSC). Infratil owns a 73% interest in Mint Renewables, with CSC owning the remaining 27%. The investment involves initial ...

Iress wins Commonwealth Super Corp mandate

CHLOE WALKER  |  THURSDAY, 29 SEP 2022
Commonwealth Superannuation Corporation (CSC) selected Iress as its new technology partner in a bid to improve member outcomes, reduce administration complexity and drive down the cost to serve through a digital-first approach. On an initial five-year ...

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
... would have occurred for some of the affected veterans. It will also allow the ATO and Commonwealth Superannuation Corporation (CSC) to include the impact of the new offset in determining fortnightly tax withholding, to address the higher withholding ...

AvSuper, Commonwealth Super Corporation explore merger

JAMIE WILLIAMSON  |  WEDNESDAY, 4 MAY 2022
... legislation, with the government having approved the signing of the MoU prior to the federal election being called, the funds said. CSC is home to about 500,000 members and $60 billion in funds under management, while AvSuper has 6000 members and about ...

CSC turns 100 years old

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
... Australia's longest running funds with $58 billion in assets under management, celebrates its 100th year anniversary in 2022. The CSC launched as the Superannuation Fund Management Board (SFMB) in Melbourne on 18 October 1922 under the Superannuation ...

CSC pivots towards divestment

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
... Superannuation Corporation's annual general meeting yesterday, the $50 billion government fund revealed it has divested pure-play coal. CSC chief investment officer Alison Tarditi revealed for the first time that the fund has divested companies like ...