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Showing 11 - 20 of 55 results for "Cbus member"

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
AustralianSuper will compensate around 7000 beneficiaries to the sum of $4.2 million for death benefit claims that took longer than the fund's internal target handling time of four months from the date when the claim form was received. The fund ...

Cbus appoints head of advice

ELIZABETH FRY  |  FRIDAY, 15 NOV 2024
Cbus has recruited a former CareSuper executive as head of advice. Matt King will be responsible for ensuring Cbus members have access to advice that meets their needs and supports them to achieve their best possible retirement, the fund said. At CareSuper ...

Cbus recruits chief risk officer from Crown

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
Cbus has hired a new chief risk officer from Crown Resorts to replace Wade Martin. Martha Georgiou joins the $90 billion superannuation fund after finishing up as group executive general manager of compliance and regulatory affairs at Crown. Prior to ...

Cbus informs members of premium changes

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2023
Almost all Cbus members will see their death and TPD premiums drop next month, however most of the fund's older members will pay more. Premiums will rise from August 26, members were told, with the industry fund saying the increase for older members ...

Cbus stalwarts retire, union leader returns

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
Cbus Super board directors Anne Donnellan and Frank O'Grady are set to step down, while a retiring union national secretary will return to the fund. Donnellan will be replaced by AMWU national legal coordinator Abha Devasia, while retiring CFMEU ...

Cbus pledges $500m to support Housing Accord

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... National Housing Finance and Investment Corporation (NHFIC) since 2018 to help develop financing models that deliver for Cbus member returns and deliver affordable financing for community housing providers," he said. "NHFIC's work has been an incredible ...

Cbus overhauls climate change reporting

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
Cbus has updated its climate change roadmap to meet its 2030 target of reducing emissions by 45%, including a change in reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. The ...

Cbus announces changes to admin fees, premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Following on from the completion of its merger with Media Super, Cbus will shave its administration fees by 25%. However, at the same time, some members will begin paying more for death and TPD. The reduction in the dollar-based administration fee will ...

Cbus adds to board

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
Two new members have joined Wayne Swan on the board of industry superannuation fund Cbus. Jason O'Mara was appointed a member director this month, replacing Dave Noonan. O'Mara has been the Construction, Forestry Mining and Energy Union's ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...