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Showing 31 - 40 of 263 results for "Corporate fund"

Mercer Super to take on corporate fund

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
Mercer Super is set to add several hundred million in funds under management by way of another merger, this time with a Melbourne-based corporate superannuation fund. Mercer has confirmed it is undertaking a successor fund transfer with the Holden Employees ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
MySuper assets have reached a new high of $964.5 billion thanks to the mandatory increase in superannuation contributions and market recovery. The year to March saw MySuper assets grow 5.1% to surpass the previous high reached in December 2021 of $947 ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Rainmaker Information's assessment of superannuation products shows that 56 super funds boast at least one AAA-rated product, down from 66 last year. Rainmaker's AAA Quality Rating evaluates superannuation products on performance, costs, insurance ...

Australian Retirement Trust lines up another merger

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
A $2 billion corporate fund is the super giant's latest merger partner, kicking off due diligence last week. Australian Retirement Trust (ART) has signed a Memorandum of Understanding with Alcoa Super to explore a potential successor fund transfer. ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... mergers on the cards, Australian Retirement Trust (ART) has confirmed it is also in the final stages of taking on the corporate fund of a global IT giant. ART is undertaking a successor fund transfer with Oracle Superannuation Plan, the corporate scheme ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... Sunsuper in March last year, aware at the time that Sunsuper was also engaged in merger discussions with QSuper. 9. Corporate fund to join Australian Retirement Trust Australian Retirement Trust completed another successor fund transfer, taking over ...

Corporate super plan seeks merger partner

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
... sustainability issues, largely because of its declining membership. According to its most recent annual report, Alcoa - the corporate fund for the global aluminum producer - has just over 5300 members and $2.3 billion in funds under management. An independent ...

Lutheran Super merger imminent

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... the fund anticipated an official announcement would be made in February or March. Now, several months later, the corporate fund has said: "Members would be aware that the trustee has been undertaking a robust process in evaluating the best fund to merge ...

Corporate fund to join Australian Retirement Trust

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
Australian Retirement Trust will complete another successor fund transfer this week, taking over the super fund of an ASX 100 company. On July 1, the Incitec Pivot Employees Superannuation Fund will merge into Australian Retirement Trust. The fund ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
Voluntary member contributions helped push the superannuation asset pool to a new record of $3.5 trillion at the end of 2021. The latest statistics from the prudential regulator shows total superannuation assets grew 14% to $3.47 trillion year on year. ...