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Showing 11 - 20 of 157 results for "Successor fund transfer"

Aware Super, TelstraSuper explore merger

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... capabilities." Pending the outcomes of due diligence, it is expected that the merger would be executed via a successor fund transfer in the fourth quarter of the 2025-26 financial year. While the due diligence process is underway, both funds will continue ...

CareSuper, MIESF schedule merger for October

JAMIE WILLIAMSON  |  THURSDAY, 31 JUL 2025
... Employees' Superannuation Fund (MIESF) will merge on October 1. The two funds have officially signed a successor fund transfer deed following months of due diligence, saying they are confident the merger is in the best interests of all members. "This ...

Quality over quantity: CareSuper on mergers

JAMIE WILLIAMSON  |  THURSDAY, 29 MAY 2025
The dust has barely settled on the merger that created CareSuper as it is today and chief executive Jason Murray is gearing up for another in mere months - but he's not looking to make a habit of it. On November 1, CareSuper and Spirit Super finalised ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
HESTA members currently in the midst of an extended limited services period will not see a pause or reduction applied to their administration fees, the fund confirmed. The $89 billion fund is currently transitioning to GROW Inc. (GROW) for its administration ...

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
... robust" position. It has now been confirmed that the fund, which was established in 1948, will undertake a successor fund transfer (SFT) and become a specialised sub-fund within the Mercer Super Trust. In forming the decision, BEST Superannuation cited ...

Future Group positions super offerings for growth

JAMIE WILLIAMSON  |  FRIDAY, 11 APR 2025
... the Verve Super sub-plan, will be moved into a standalone division of the Smart Future Trust by way of a successor fund transfer. The Future Super and Verve Super brands will remain, and they will continue to invest in the same way, with the existing ...

Mine Super and TWUSUPER merger official

KARREN VERGARA  |  FRIDAY, 21 MAR 2025
... 36%. They will also see at least a 2% reduction on insurance premiums. Mine Super and TWUSUPER signed a successor fund transfer deed in September 2023. The merger experienced significant delays but the two funds did not offer an explanation.

CareSuper to merge with meat industry fund

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... completing their respective best financial interests and equivalent rights assessments, as well as signing a Successor Fund Transfer Deed. "Both funds recognise our shared focus on putting members first and the importance of providing strong retirement ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... superannuation and pension business, WealthFoundations. WealthFoundations will bring $1.3 billion in FUA via a successor fund transfer (SFT) that is due to finalise in the second half of the 2025 financial year. The transaction is subject to client retention ...

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
Australian Retirement Trust (ART) has signed a Successor Fund Transfer Deed (SFT) with Qantas Super to progress its merger, scheduled to complete on 29 March 2025. ART chief executive David Anderson said the merger completion will deliver benefits to ...