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Showing 31 - 40 of 55 results for "Cbus member"

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
David Atkin says mandating all default retirement income products to manage longevity risk could hamper funds' ability to tailor solutions to their member needs. Speaking at a retirement income conference in Melbourne yesterday, Atkin said Cbus is currently ...

Industry fund offers bonus on income streams

KANIKA SOOD  |  THURSDAY, 31 OCT 2019
... super but by encouraging members to think what solution is right for them in retirement." Five years ago, the average Cbus member balance was around $43,000. In 2019, the average balance has increased to just under $69,000. "We ask members taking a lump ...

Wealth projection boosts super fund engagement

KARREN VERGARA  |  MONDAY, 19 AUG 2019
Superannuation funds that provide projected estimates to members about their nest egg will likely receive more contributions and increased engagement, new research suggests. The ARC Centre of Excellence in Population Ageing Research (CEPAR) studied ...

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
The $48 billion industry super fund is backing the introduction of director identification numbers (DINs) to stop company directors from fraudulently escaping superannuation obligations to workers. The construction industry is the "highest represented" ...

Financial advice crucial to industry fund members: Cbus

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2018
More than 3000 Cbus members have been paired with a Certified Financial Planner under an advice program run in conjunction with the Financial Planning Association. The industry superannuation fund is further encouraging its members to embrace financial ...

Industry fund makes tech play to combat unpaid super

EMMA RAPAPORT  |  WEDNESDAY, 2 AUG 2017
Australia's largest superannuation fund, with more than $120 billion under management, is hoping to tackle the problem of unpaid super with a mobile application upgrade. The AustralianSuper app, which first launched in 2015, will allow members to receive ...

Wages and super should be aligned: Cbus

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... released a report which estimated Australians were missing $3.6 billion in superannuation each year. A recent survey of Cbus member also found 14.7% reported experiencing a problem with unpaid superannuation and only 60% of members were confident their ...

Cbus responds to Royal Commission allegations

DARREN SNYDER  |  WEDNESDAY, 16 SEP 2015
Industry superannuation fund Cbus has implored Commissioner Dyson Heydon to reject a version of events pointing to Cbus chief executive David Atkin being involved in releasing personal details of fund members who were Lis-Con employees. On Friday Cbus ...

Cbus chief executive answers Royal Commission

DARREN SNYDER  |  THURSDAY, 11 JUN 2015
Cbus chief executive David Atkin has again flatly denied having any knowledge of the superannuation fund releasing members' personal information to the Construction, Forestry, Mining and Energy Union (CFMEU). Presenting as a witness at the Royal Commission ...

FPA deal with Cbus sparks super fund interest

LAURA MILLAN  |  TUESDAY, 27 JAN 2015
... planners (CFP) and 75% of FPA members. As part of the deal, the FPA audits the two first pieces of advice given to each Cbus member.