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Showing 21 - 30 of 44 results for "SFT"

Australian Catholic Super, UniSuper sign SFT deed

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
Australian Catholic Superannuation and Retirement Fund and UniSuper will merge before the end of the year. The two funds have now signed a Successor Fund Transfer deed. This follows the Heads of Agreement they signed in May, formally confirming the ...

AustralianSuper, LUCRF Super agree to SFT

JAMIE WILLIAMSON  |  MONDAY, 11 APR 2022
The two industry superannuation funds will merge in June, having signed a successor fund transfer deed. AustralianSuper and LUCRF Super have been in talks to merge since mid-2021, at the time allocating a 12-month window in which to complete due diligence ...

Hostplus, Statewide formalise merger

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
The two industry superannuation funds will progress merging after signing a Successor Fund Transfer deed. The SFT, due to take place on 1 April 2022, will see Statewide Super transfer its members and investments to Hostplus, effectively creating a $85 ...

Equip, corporate fund merger complete

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Equip has finalised its latest successor fund transfer, adding $765 million to its funds under management. The fund's merger with BOC Super was official as of November 1, with Equip welcoming about 3000 new members in the process. BOC is a supplier ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...

Super fund chair outlines future strategy

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
... served as chair of Catholic Super prior to the JV and as independent deputy chair of the trustee board in the lead up to the SFT.

Industry funds flag $77bn merger

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
... other industry funds to either merge or pool the assets of members. On June 25, Hostplus signed a successor fund transfer (SFT) agreement with the $3 billion Intrust Super. In February, it combined its assets with the $6 billion Maritime Super. In late ...

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... members are set to drop by up to 20% as its joint venture with Equipsuper becomes a legal successor fund transfer. With the SFT set to finalise on June 30 and all Catholic Super members to transfer from the MyLifeMyMoney Superannuation Fund to Equip ...

Hostplus, Intrust merger now official

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
... and values," Hostplus chief executive David Elia said. Intrust chief executive Brendan O'Farrell said in executing the SFT deed with Hostplus, Intrust is actively working to bring enhanced services and benefits to our members and employers. "At the ...

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
... are neutralised and buy back their trustee by repaying the LGIAsuper reserves. At the end of that period it'll be a full SFT of members into LGIAsuper Trustees and at that point amazing benefits will be unlocked for everyone." LGIAsuper has committed ...