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Showing 581 - 590 of 1307 results for "AustralianSuper"

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
... resulted in the closure of those member accounts. Link is administrator for a number of super funds, including AustralianSuper, AMIST Super, BUSSQ, Cbus, HESTA and Hostplus. Link said it has seen increased member activity, with contact centre volumes ...

Early release applications top $9bn

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... funds for the industries hardest hit by COVID-19 not far behind. Australia's largest fund, the $185 billion AustralianSuper, has already paid out over $1 billion in early release to more than 140,000 members. AustralianSuper said 93% of the applications ...

AMP hangs on to AFLPA mandate

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... fund Hostplus starting February 28. In June last year, AMP lost its mandate as default fund for Australia Post to AustralianSuper. AMP Australia chief executive Alex Wade said he was delighted to be continuing AMP's long-term partnership with the AFL ...

Super CIOs defend illiquid assets

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
At a virtual round table hosted by QIC the chief investment officers of AustralianSuper, LGIAsuper and more defended allocations to illiquid assets. Following weeks of scrutiny over potential liquidity issues facing super funds, the chief investments ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... decades was already coming to a peak before COVID-19 hit. "If Sunsuper and QSuper merge they'll be bigger than AustralianSuper. It almost starts to get to the point where you say, do we have enough competition? We're a fair way from really having ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... as at December end. For MySuper products with a single investment strategy (as opposed to lifecycle products) AustralianSuper was on top. The largest super fund in Australia has over $100 billion in its MySuper strategy and returned 16.8% over one year ...

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 ...

LGIAsuper revises down unlisted assets

KANIKA SOOD  |  FRIDAY, 24 APR 2020
... superannuation fund has revised down the value of its property and infrastructure in response to COVID-19, joining AustralianSuper, UniSuper and Hostplus. LGIAsuper reduced the valuation of its property portfolio by 5% and infrastructure portfolio by ...

The five threats to super fund survival

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... firm notes recent trends have seen members lugged with higher fees to pay. SS&C pointed to the recent decision of AustralianSuper to introduce a new fee to deal with increased regulatory costs as an example. "While it's too early to tell, the reality ...

AustralianSuper increases premiums

JAMIE WILLIAMSON  |  THURSDAY, 9 APR 2020
... 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 earlier this year and determined the need for premiums ...