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Showing 51 - 60 of 134 results for "Commonwealth Super"

Commonwealth Super names new chief

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUN 2020
Commonwealth Superannuation Corporation (CSC) has named a new chief executive, hiring a former industry fund chief. Damian Hill, who was chief executive of Rest for 12 years, will now lead the $50 billion government fund. His appointment comes as CSC's ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
APRA has released fund-level data showing the progress of the early release of super scheme, with 96% of requests being met within five business days. However, several funds have taken far longer. APRA's figures to May 3 show 830,000 payments were ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
Commonwealth Superannuation Corporation is considering making changes to how it administers about 570,000 defined benefit member accounts as its existing systems age. CSC has invited interested companies to submit proof-of-concepts for a core registry ...

Pendal cuts fee on multi-asset fund

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
Pendal Group has dropped the fees on a $690 million multi-asset fund that has been running for close to 40 years. The Pendal Sustainable Balanced Fund will go from charging 0.90% per annum to 0.80% per annum in management costs. Indirect costs are 0.05% ...

The secret to super outperformance

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
New research from the Responsible Investment Association Australasia (RIAA) has revealed Australian superannuation funds that engage in responsible investing are outperforming their peers. The report looked at one, three and five-year time frames and ...

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
Northern Trust's Australian business is gauging if exchange traded products could help grow its nascent asset management business in Australia, says country executive Angelo Calvitto. "It is something that we are looking at as part of our broader ...

Northern Trust hires from State Street

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
Northern Trust has poached an experienced transition manager from State Street for its Sydney office as it builds the business locally. Matt Cook has been appointed to lead Northern Trust's transition management offering across Asia Pacific from ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
A $34 billion public sector fund has appointed a new custodian, ending a 19 year-long relationship with J.P. Morgan. Funds SA has selected Northern Trust as its custodian, after a long tender process. In September last year, Funds SA said it had invited ...

Final farewell for industry association

JAMIE WILLIAMSON  |  FRIDAY, 7 JUN 2019
After more than 96 years as a recognised industry association, members of the Superannuated Commonwealth Officers of Australia have come together for the last time. About 100 of the industry body's remaining members attended its final meeting - a special ...

ASIC names new default super fund

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2019
The corporate regulator has named the superannuation fund its employees will now be defaulted into. From July 1, new employees of ASIC who do not nominate a superannuation fund will be defaulted into AustralianSuper. From that time, ASIC will employ ...