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Showing 41 - 50 of 100+ results for "Funds SA"

Superannuation fund delays custodian swap

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... superannuation fund has deferred its transition to a new custodian, citing heightened short-term risk from COVID-19. Funds SA last July said it would end its 19-year-long custody relationship with J.P. Morgan and move to Northern Trust, after a long ...

Group premiums rise 34%

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
Members of Defence Bank Super and Crescent Wealth Super have been notified their insurance premiums will increase 34%, after TAL advised it would increase premium rates. The funds informed members the changes were as a result of recent legislative changes ...

Queensland funds inch closer to merger

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Major Queensland superannuation funds QSuper and Sunsuper are a step closer to a merger, signing a Memorandum of Understanding to undertake exclusive due diligence to explore a merger. The agreement comes around four months after the two super funds ...

New MySuper outcomes tool set for release

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
A new tool will be released on Monday allowing trustees of superannuation funds to compare the outcomes of their MySuper option with those of their competitors. Superannuation investment solution provider Trustee Tailored Super (TTS) is planning to ...

Aberdeen Standard, HUB24 partner

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
Aberdeen Standard Investments is set to launch retirement income products, managed portfolios and a "bionic" advice solution for advisers and employers in partnership with HUB24. The new set of "bionic" advice solutions will kick off with a tool for ...

J.P. Morgan wins custody mandate

ELIZABETH MCARTHUR  |  THURSDAY, 16 JAN 2020
... with Local Government Super in December last year. However, earlier last year J.P. Morgan lost a custody contract with Funds SA, ending a 19 year relationship with the $34 billion public sector fund. Wright, formerly the head of BT Financial Group's ...

Tasplan chief to exit, merger confirmed

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
The chief executive of $10 billion Tasplan Super is set to exit the fund, as Tasplan and MTAA Super commit to merge on October 2020. Current Tasplan chief executive Wayne Davy will stay on until the merger date. However, starting next October, MTAA ...

Glitch hits ASX-listed managed funds

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
About 16 ASX-listed managed funds using internal market making were affected by a glitch in calculating their iNAV yesterday, Financial Standard understands. Issuers affected include Platinum Asset Management and Schroders. Quoted managed funds are ...

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... Corporation (CSC), Government Employees Superannuation Board (GESB), New Zealand Superannuation Fund and in a recent addition, Funds SA. About four years ago, it made a foray into asset management in Australia and New Zealand. It now manages about $10 ...

Northern Trust hires from State Street

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... Government Employees Superannuation Board (GESB), New Zealand Superannuation Fund. Its custody business recently added Funds SA, which swapped out J.P. Morgan after 19 years, and Maple-Brown Abbott. In April, Northern Trust pitched its outsourced trading ...