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| | | ... ESG proposals," he said. Eight funds supported more than 50% of ESG proposals in 2020: NGS Super (86%), Vision Super (79%), Cbus (71%), Active Super (64%), HESTA (63%), Energy Super (59%), AustralianSuper (57%) and Care Super (54%). Only seven funds ... |
| | | | ... APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets between 8-15%. Statewide Super said it did its devaluations on the back of advice from ... |
| | | | ... Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will retain the Media Super brand for the purpose of communicating with members working in print, media, entertainment and ... |
| | | | Former treasurer and deputy prime minister Wayne Swan will chair $65 billion industry fund Cbus. The fund announced today that Swan would succeed long-serving chair Steve Bracks next year. Commenting on his appointment, Swan said: "I'm humbled to ... |
| | | | ... Funds will have to communicate to members that the risk profile and return expectations for some portfolios has shifted. Cbus head of asset allocation and portfolio construction Leanne Taylor said Cbus agreed with Bowater that funds need to start thinking ... |
| | | | ... superannuation fund has informed members the premiums they pay for death and total and permanent disablement cover is changing. Cbus has issued new premium prices across its manual, electech, non-manual and professional categories which will kick in ... |
| | | | ... project revenue, partially offset by strong member and services growth, Link said. RSS renewed its major clients including Cbus and HESTA. Meanwhile, corporate markets generated $365 million of revenue in FY21 equating to 31% of group revenue. The division ... |
| | | | ... annuity, pension or pooled longevity products. This is a method that has been used by some funds already including QSuper, Cbus, Sunsuper and BUSQ. Conversely, it wants disincentives (above a threshold) for retirees who take their pensions as a lump ... |
| | | | ... Standard recently, Standing Committee on Economics chair and MP Tim Wilson specifically named NFP funds AustralianSuper, Cbus and Hostplus among the funds the committee will likely call upon. All three funds have been involved in mergers since the government ... |
| | | | ... funds 67.8% (up from 58.1%). In industry funds' satisfaction ratings, HESTA was followed by AustralianSuper, UniSuper and Cbus. In retail funds, OnePath was the highest ranking followed by Colonial First State, MLC, ASGARD, BT, Mercer and Suncorp. The ... |
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