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Showing 11 - 20 of 100+ results for "Energy Super"

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 ...

Industry fund slashes admin fees

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... exposure to property and global shares and introducing a new asset class. LGIAsuper is mulling a potential merger with Energy Super , which would contribute about $7.5 billion in assets to create a $20 billion entity. Farrar said the merger is designed ...

QSuper head of advice exits

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... centre and operations divisions, and drive product and service strategy. Hughes has also worked in senior roles at Energy Super, Queensland Treasury Corporation and Suncorp. Hughes said: "It has been an honour to work in an organisation where members ...

Women focus in Labor budget reply

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
Labor leader Anthony Albanese has put the spotlight on childcare, aged care and social housing when delivering his budget reply speech. Delivering his response, Albanese said Treasurer Josh Frydenberg's budget has left Australians behind. "Our economy ...

Queensland funds explore merger

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... have signed a memorandum of understanding to explore a merger which could create a $20 billion superannuation fund. Energy Super and LGIAsuper will commence due diligence on an exclusive basis, to vet if a merger will be in the best interest of both ...

MySuper portfolio winners, losers revealed

ALLY SELBY  |  TUESDAY, 18 AUG 2020
... ratio (returns per unit of downside risk) and first for the Omega ratio (the ratio of gains compared to losses). Energy Super was the worst performing product on a risk-adjusted basis, returning 3.8% over the period with a Sharpe ratio of 0.3, Sortino ...

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... Meanwhile, Media Super - currently exploring the possibility of a merger with Cbus - fared well, as did the likes of Energy Super, AMIST Super, HESTA, NESS Super, Vision Super and MTAA Super. Despite increasing fees since December, VicSuper is also considered ...

AIST celebrates Trustee of the Year

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
... presented posthumously . Smith served as president of the AIST for two years, and was a director of industry funds Energy Super and HESTA, which he continued to serve until he died. He also served the Australian Services Union as national secretary. ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... than $230 million requested in the week to May 3. Meanwhile, Military Super also saw $30 million in redemptions and Energy Super has so far paid out at least $12.6 million.

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... funds who had a 100% strike rate for fulfilling requests within five business days is HESTA, Sunsuper, Equipsuper, Energy Super, Tasplan, Lutheran Super, REI Super and MIESF Super. Meanwhile, 24 funds paid 99% of requests within the necessary timeframe ...