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Showing 31 - 35 of 35 results for "SFT"

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... successor fund transfer in in November 2019, to get better scale benefits. In October 2019 IAG and NRMA informed members the SFT had been deferred but no date had been set. Now, the November 2019 transition date has been pushed back to 14 November 2020. ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
... management. About 12 months ago Perpetual Superannuation, as trustee of Perpetual MySuper, told members it was assessing whether an SFT was in the best interest of members. That announcement came on the back of poor performance, with Rainmaker analysis ...

Industry funds confirm merger

HARRISON WORLEY  |  MONDAY, 23 SEP 2019
... Club Super are set to merge in just over a month, after the two industry super funds signed a Successor Fund Transfer Deed (SFT), marking a significant milestone in the union originally proposed in the beginning of July. Hostplus chief executive David ...

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... the APRA licence conditions." "We remain confident that completion of the P&I acquisition should be able to occur after the SFT completion and we will continue to work cooperatively and constructively with ANZ to achieve this outcome." ANZ is also in ...

Super funds excel in reporting obligation

KARREN VERGARA  |  TUESDAY, 16 OCT 2018
... change. As a "high priority," Whyte said the ATO continues to support funds undergoing mergers or successor fund transfer (SFT) with the help of a dedicated team. "SFTs present a significant risk to the integrity of the superannuation fund member data. ...
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