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| | | ... 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 ... |
| | | | ... joined over the years. This is a sharp contrast to UniSuper's peers; funds like AustralianSuper, Aware Super, Hostplus and Cbus have continued to merge with smaller funds and often talk about actively scoping potential partners. "For many years ... |
| | | | The chief executive of Australia's biggest superannuation fund AustralianSuper will step down before the end of the year. Having led the fund since its creation on 1 July 2006, Ian Silk is set to leave the super fund at the end of this year. Chief ... |
| | | | ... year, six-times the amount of all the compulsory Superannuation Guarantee contributions or 17-times what was paid in fees." Cbus highlighted this week that its MySuper financial year returns were the highest in the fund's 37-year history at 19.34%. Cbus ... |
| | | | AustralianSuper and Cbus faced an extremely hostile questioning from the House of Representatives Standing Committee on Economics, which at times devolved to committee members yelling over one another. AustralianSuper chief executive Ian Silk and Cbus ... |
| | | | ... head of investment risk at APRA is taking on a newly created role at the $63 billion industry fund. Mark Ferguson joined Cbus this week as its head of total portfolio management; a new role in support of the fund's efforts to internalise investments. ... |
| | | | ... versus the historic returns of 8.5% p.a. for 10 years, according to the Association of Superannuation Funds of Australia. Cbus last week said it was expecting 19% returns for FY21. |
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