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Showing 31 - 40 of 163 results for "Funds SA"

Aware Super eyes another merger

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
Aware Super is exploring the possibility of merging with a 63-year-old industry superannuation fund. Aware Super has signed a Memorandum of Understanding with the Victorian Independent Schools Superannuation Fund (VISSF), looking into whether a merger ...

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
Members of merged superannuation funds are $15,000 better off in retirement, new research shows. An analysis by Super Consumers Australia (SCA) found MySuper fees of merged entities dropped by 13.4% on average. The consumer advocate group looked at ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... J.P. Morgan won several custody mandates last year; CareSuper, TelstraSuper and Xplore are some examples. Meanwhile, Funds SA said in July last year it is ending its 19-year-long custody relationship with J.P. Morgan and will move to Northern Trust. ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
LGIAsuper and Energy Super will proceed with a merger that is set to finalise as early as 1 July 2021. The board of the two Queensland-based superannuation funds have signed a binding heads of agreement following a two-and-a-half month due diligence ...

Retail fund ups premiums

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
A retail superannuation fund will increase premiums on income protection policies from 2021. Living Super, ING's super offering, will up income protection premiums by 23% from 8 January 2021. "Our focus is to provide a great value product with competitive ...

Super SA to close growth option

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... capital defensive option will change from CPI +1.5% to CPI +1% following review of the investment objective by Super SA and Funds SA. "Due to the unprecedented easing of monetary policy by the Reserve Bank of Australia (RBA) and global central banks ...

New trustee for Student Super, NEOS Super

ELIZABETH MCARTHUR  |  FRIDAY, 4 DEC 2020
Two Tidswell Master Super plans, Student Super and NEOS Super Plan, will move trustees on December 18. Diversa Trustees will be the trustee of each fund from that point on. Diversa is part of the same group as Tidswell. Tidswell, Diversa and CCSL were ...

Hedge funds in the green

ALLY SELBY  |  MONDAY, 14 SEP 2020
The global hedge fund industry surged 2.5% in August, lifting the average strategy to sit comfortably in the green year to date. That's according to institutional research house eVestment, which found that thanks to August's results the average hedge ...

Fees fall after super mergers: Research

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
Members whose super funds have merged in the last three years have seen their fees decrease by 20%, according to new analysis. Rainmaker looked at 13 mergers involving 22 super funds; 11 traditional mergers, the integration of Virgin Super and Mercer ...

MTAA Super, Tasplan reveal executive lineup

KARREN VERGARA  |  THURSDAY, 3 SEP 2020
MTAA Super and Tasplan have unveiled the new executive team that will steer the newly-merged entity into the future. Ross Barry has been named chief investment officer. He is moving from First State Super where he is currently the head of systematic ...