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Showing 421 - 430 of 778 results for "Super members"

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... that failed to meet the majority of requests within five days. For instance, of the 12174 requests from Intrust Super members, 8795 were paid but 73.2% took between six and nine days for the fund to fulfil. ING Superannuation Fund received 4575 requests. ...

Early release applications top $9bn

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... the forefront of the impact of the COVID-19 crisis. As a result of the crisis' impact on travel, many Qantas Super members have been stood down from the jobs they love," Clancy said, "The government's support of the aviation industry, and the ...

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
New data from Colonial First State (CFS) found switches by super members were three times the usual rate in March as Australians moved their super to cash in the midst of the COVID-19 pandemic. The data found 39% of those that switched their super moved ...

Queensland funds delay merger

HARRISON WORLEY  |  WEDNESDAY, 29 APR 2020
The impending merger of major Queensland superannuation funds QSuper and Sunsuper has been delayed. QSuper has confirmed its planned merger with Sunsuper has been delayed, owing to difficulties in conducting due diligence while staff are working remotely ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
AustralianSuper has already paid out close to $320 million to members under the early release scheme as it readies to release a further $330 million. The super fund said it has received requests from about 85,000 members so far, representing about $650 ...

AustralianSuper increases premiums

JAMIE WILLIAMSON  |  THURSDAY, 9 APR 2020
Australia's largest superannuation fund is bumping up insurance premiums from May 30, less than a year on from the last increase. In a communication sent to members, AustralianSuper said the annual review of the fund's insurance offer was conducted ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... could increase by an average of 26% across the industry. At the high end of the spectrum, insurance premiums for WA Super members rose by as much as 60% l ast year, following a review by group insurer TAL, in another premium increase put down to the ...

PMIF sees premiums rise for first time in 12 years

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
The $30 billion industry fund for emergency services workers has had to increase its insurance premiums for the first time in 12 years as a result of the Putting Members Interests First legislation. ESSSuper put insurance premiums on death only and ...

Super funds' dirty, poor performing stocks revealed

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
New research has revealed the 22 ASX 300 companies - many of which super funds have exposure to - that are polluters and haven't performed well this year. Activist group Market Forces released a new report today, titled Out of line out of time ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... Military Super (91%) and Guild Super (68%) have the highest proportion of millennial members, and while Military Super members are likely to be relatively unaffected by a potential shutdown, the future of Guild Super members is still hanging in the balance. ...