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Showing 601 - 610 of 1335 results for "AustralianSuper"

AustralianSuper bolsters leadership

HARRISON WORLEY  |  MONDAY, 1 JUN 2020
... has been appointed group executive strategy, brand and reputation of the nation's largest superannuation fund, AustralianSuper. Most recently general manager of corporate affairs at Coles Group, Adams joins the giant super fund following stints as chief ...

ERS withdrawals surpass $10bn

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
... continued the trend, releasing funds within five business days just 57% of the time. The country's largest fund, AustralianSuper, has released over $1.3 billion to more than 180,000 members. Hostplus and Sunsuper have also surpassed the billion-dollar ...

IFM Investors ready to ramp up corporate lending

KANIKA SOOD  |  FRIDAY, 22 MAY 2020
... companies with $15 million to $20 million EBITDA that generally are privately owned. In 2017, IFM joined forces with AustralianSuper to lend $150 million in long-term debt to Australian billionaire Anthony Pratt's cardboard maker Vizy Industries. It ...

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... from 96% the previous week. It also revealed the average payment amount has dropped slightly from $7629 to $7546. AustralianSuper has received the most applications, with its payout exceeding the $1 billion mark, followed by Sunsuper and Hostplus. Sunsuper ...

COVID-19 ushers in the future of work

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... commercial office space is hard to work out right now," she said. Interestingly, at a QIC roundtable on April 27, AustralianSuper chief investment officer Mark Delaney questioned whether office buildings were a prudent investment in the post-COVID-19 ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... diverse membership bases also had significant volumes of early release applications. Australia's largest fund, AustralianSuper, had paid out $763 million by May 3 and has hit $1 billion since. Sunsuper had paid $784 million by May 3. Hostplus and Rest ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... whether the bank has ever paid dividends to the 26 industry superannuation funds that own the bank (including AustralianSuper, Hostplus and UniSuper). "If you've got a sole purpose test that money is supposed to be invested on behalf of members to ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... Meanwhile, 24 funds paid 99% of requests within the necessary timeframe and 18 funds did so for 98% of requests. AustralianSuper paid out 99,350 members to the tune of close to $764 million. About 98.9% of these were processed within five days. Hostplus ...

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 ...