Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 291 - 300 of 778 results for "Super members"

Mercer Super, Lutheran Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 23 AUG 2022
After months of delay, Lutheran Super has announced it will merge with Mercer Super. Lutheran Super members were informed of the decision yesterday at the fund's annual members meeting. It's a logical move for the funds; in addition to being ...

Aware Super overhauls fee structure

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
... scale could provide to members. "Two years on from the mergers of First State Super, VicSuper and WA Super, Aware Super members are already seeing first-hand some of the benefits that come from the scale of the fund," she said. "As we grow, we use our ...

HESTA, Mercy Super to pursue merger

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
... retained; HESTA's administrator is Link Group. The insurance arrangement that came into effect this month for Mercy Super members via a new mandate with Zurich will also be retained. "It's wonderful to reach this significant milestone in the ...

Australian Ethical, Christian Super confirm merger

JAMIE WILLIAMSON  |  THURSDAY, 14 JUL 2022
... transfer to Australian Ethical no later than early 2023. The funds said they are in agreeance that it is in Christian Super members' best interests to merge and aligns with their preference for purpose-driven investing. While more details will come in ...

TWUSUPER adds fee to combat cross subsidisation

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
The super fund will begin charging insured members an administration fee to make costs fairer for those without insurance. From August 1, TWUSUPER members with insurance cover will be charged 3% of their gross insurance premiums each month as a separate ...

Aware Super establishes dedicated real estate arm, names chief executive

ANDREW MCKEAN  |  THURSDAY, 23 JUN 2022
... We're very excited to have secured her for this position. Michelle's values will resonate deeply with Aware Super members, who rely on us as their super fund to do well for them at the same time as doing good in the communities where they work ...

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... transaction. Notably, the cash top-up is paid for by retailers, not members. The Super Booster is available to all Active Super members upon nominating one or more debit or credit cards. Active Super launched the program in partnership with fintech Loyalty ...

Defective disclosures see Avanteos Investments fined

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
... a penalty of $1.71 million for failing to update defects in its disclosure documents related to charging fees to super members after they'd died. This marks the first criminal prosecution for failing to update defective disclosure documents. Avanteos ...

HESTA, Mercy Super look to merge

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... goes ahead, the merger would bring HESTA's funds under management to more than $70 billion. About 13,000 Mercy Super members would be transferred to HESTA, with the funds aiming to complete the merger by the end of the year. Mercy Super was established ...

Systemic disadvantages create retirement insecurity: HESTA

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... the Rights of Indigenous Peoples (UNDRIP) principles in Australia would lead to greater certainty and returns for super members. HESTA chief executive Debby Blakey said as a super fund with First Nations members and as an investor seeking to maximise ...