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Showing 51 - 60 of 92 results for "Brighter Super"

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
The retirement bonus received by Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... in the top 100; Australian Retirement Trust slid backward one spot. There was one new entrant to the list, being Brighter Super - a result of its merger with Suncorp Super. It ranks 271 st in the world now. "We also see a significant growth differential ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... it had $357.8 billion. This is a drop of 20% in the period, with Spirit Super taking its mandate to J.P. Morgan, Brighter Super swapping to State Street, and Equip Super moving to Northern Trust. As for assets under administration, Northern Trust tops ...

FEAL names Fund Executive of the Year

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
In its 23rd year of running, the award recipient was announced at an event in Melbourne last night. Brighter Super chief executive Kate Farrar was awarded Fund Executive Association Limited's (FEAL) Fund Executive of the Year Award. Farrar was recognised ...

Brighter Super posts 9.07% returns for its default option

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
Brighter Super announced double-digit returns in its Balanced and Growth accumulation options and 9.07% for its default MySuper option. The Balanced accumulation option returned 10.57% and the Growth accumulation option delivered 11.91%, for the year ...

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... awarded a $2.92 billion international equites mandate from Cbus and a $327 million Australian equities mandate from Brighter Super, totalling $3.25 billion. This made Alphinity the top manager for mandates by total value in the year to 31 March 2024 ...

Brighter Super launches Retire Easy Pension

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2024
Brighter Super has introduced the Retire Easy Pension strategy, which involves dividing a member's retirement savings into three distinct buckets. Launching the product last month, Brighter Super said it marks the first stage of the fund's new ...

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
Brighter Super has appointed a new custodian, severing its ties with NAB Asset Servicing. The $32 billion super fund chose State Street to be its custodian and back-office administrator for some 130 portfolios. The services cover fund accounting and ...

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... its global equity assets of $15.5 billon. In the 2023 calendar year, Cbus (29), HESTA (21), State Super NSW (18), Brighter Super (14), and CareSuper (11) awarded the most mandates. Cbus awarded 18 alternatives mandates during 2023, while State Super ...

Brighter Super seeks fund managers for $500m mandate

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
Brighter Super will invest a further $500 million to build Queensland and is looking for the right fund manager partners to make it happen. The $32 billion super fund today announced it is on the hunt for fund managers to deliver its "Queensland Investment ...