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Showing 21 - 30 of 157 results for "Successor fund transfer"

Mercer appoints chief investment officer from TelstraSuper

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... profit-to-member fund with more than $60 billion in funds under management and over 225,000 members. The successor fund transfer is expected to occur later this year, with full integration anticipated by the end of 2026, at which point the TelstraSuper ...

Vision Super to drop fees upon merger

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... administration fees will be lowered once it has completed the merger with Active Super. Vision Super said after the successor fund transfer (SFT) on 1 March 2025, administration fees will drop from $78 per annum to $66.04 pa. This will be on top of the ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... return to assess. Over the three years to June 2023, it achieved 3.3% versus the peer median of 7.09%. The successor fund transfer is expected to occur on 1 February 2025.

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... the funds confirmed their merger, with the boards signing a binding Heads of Agrement to proceed with a successor fund transfer and appointing key leadership roles. The merger will create a combined profit-to-member fund with more than $60 billion in ...

Active Super transfers members to Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... with a Guaranteed Income account that their accounts will move to the Challenger Retirement Fund under a successor fund transfer. Any other Active Super products they're invested in will still transition to Vision Super on 1 March 2025. The Guaranteed ...

TelstraSuper and Equip Super merger to go ahead

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... Super have confirmed their merger, with the boards signing a binding Heads of Agreement to proceed with a successor fund transfer and appointing key leadership roles. The agreement follows the announcement in September that the funds had signed a non-binding ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
Qantas Super is poised to merge with $300 billion industry fund Australian Retirement Trust (ART). Subject to final assessments of members' best financial interests and equivalency rights, the merger would see Qantas Super's $9 billion in funds ...

Industry fund merger postponed

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... default insurance was introduced for new members. In September 2023, Mine Super and TWUSUPER signed a successor fund transfer feed, announcing that the merged fund will be led by current Mine Super chief executive Vasyl Nair. At the time, Langby and ...

Active Super, Vision Super finally sign transfer deed

JAMIE WILLIAMSON  |  THURSDAY, 16 MAY 2024
Almost two years on from confirming merger talks, the two super funds have set a date for the successor fund transfer. Active Super will merge into Vision Super on 1 March 2025, following the signing of a successor fund transfer deed. It was initially ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... Russell Investments Master Trust's trustee to move members to the Salaam superannuation division via a successor fund transfer. Equity Trustees confirmed that the transfer of Crescent Wealth's members to Salaam is in their "best financial interests," ...