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Showing 21 - 30 of 39 results for "AustralianSuper members"

AustralianSuper hikes insurance fees

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... legislation for the changes. On 1 June 2019, the cost of TPD and income protection cover will rise for AustralianSuper members with default insurance. "Every year we review our insurance offering, including the cost of it, what we offer, claims made ...

AustralianSuper hikes admin fees

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
AustralianSuper members will pay 50% more in administration fees from 30 March 2019. Current admin fees of $1.50 will rise to $2.25 a week or an additional $39 per year. It is the $140 billion super fund's first fee increase since January 2009. ...

AustralianSuper members exposed to security breach

KARREN VERGARA  |  TUESDAY, 1 JAN 2019
The accounts of about 11,000 AustralianSuper members have been the target of a security breach. Australia's largest superannuation fund, with about 2.2 million members, said it has detected the "unauthorised access," which occurred earlier this ...

AustralianSuper secures WestConnex stake

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... investment portfolio now exceeds $13 billion following its joint acquisition of WestConnex in New South Wales. AustralianSuper members are now part owners in a $9.26 billion integrated transport project that will upgrade roads and motorways around Parramatta ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... wasn't passed which would diminish the financial outcomes of superannuation members, particularly AustralianSuper members. He said the rationale was members who left the industry fund would likely face poorer retirement outcomes if they moved to ...

Pre-retirees fear longevity risk: AustralianSuper

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
... superannuation than on the Age Pension for income in later years. The survey of AustralianSuper and non-AustralianSuper members shows pre-retirees believe they will need an annual income of $51,000 in retirement, yet only 33% believe they will have accumulated ...

AustralianSuper posts annual investment results

EMMA RAPAPORT  |  FRIDAY, 7 JUL 2017
... returns, and the eighth consecutive year of positive returns since the Global Financial Crisis. About 90% of AustralianSuper members invest their retirement savings in the Balanced option. Deputy chief executive and chief investment officer, Mark Delaney ...

Link completes AustralianSuper transition

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
More than two million AustralianSuper members have been successfully transitioned by Link Group onto its aaspire administration platform. Ahead of schedule and under budget, the transition is Link's ninth in the past 14 months and brings the total of ...

Super reforms to hurt retirees

ALEX BURKE  |  TUESDAY, 2 JUN 2015
The Treasury's proposed changes to the Age Pension in the 2015 Budget were targeted at "liquid millionaires" claiming government assistance, but some industry figures say the new rules will hit the most vulnerable retirees over the long-term. According ...

AustralianSuper ramps up data-gathering strategy

JAMES FERNYHOUGH  |  TUESDAY, 11 NOV 2014
... of AustralianSuper, and ultimately the products and services available to you and the millions of other AustralianSuper members." The first survey, entitled 'Hopes and Expectations', asks members what areas of superannuation they are interested in, such ...