Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 203 results for "MTA"

Industry funds dominate satisfaction

JAMIE WILLIAMSON  |  THURSDAY, 9 JAN 2020
A $10 billion superannuation fund has topped the ranks for member satisfaction as it readies for merger, joining seven other industry funds in the top 10. Tasplan achieved the highest satisfaction rating of any super fund in Roy Morgan's latest Superannuation ...

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
Industry super funds fared best in APRA's first MySuper heat map, forming the majority of products given the all clear by the regulator. APRA's MySuper heat map, released this morning, demonstrates the lead large industry super funds have over ...

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 ...

Major funds expand with Singapore investment

ELIZA BAVIN  |  THURSDAY, 3 OCT 2019
Whitehelm Capital has completed the acquisition of the Institute of Technical Education College West PPP Project in Singapore on behalf of MTAA Super and Prime Super. The education center was previously owned by Gammon Investments and Jardine Matherson ...

Renewed calls for risk-adjusted returns

KARREN VERGARA  |  MONDAY, 12 AUG 2019
The endemic use of headline returns to pit a superannuation fund's performance against another has renewed calls for a fairer, like-for-like comparison that focuses on risk as the key metric. The propensity for research houses, the media - and even ...

Tasplan recruits new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2019
The $9 billion superannuation fund has named a former Mercer executive as its new chief investment officer. Tasplan is welcoming David Stuart to the lead investment role. He was most recently chief strategist for Mercer in the Pacific region, a role ...

Hostplus enters merger talks

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
The $43 billion Hostplus is probing the possibility of a merger with another industry fund. Hostplus and the $566 million Club Super have entered into a Memorandum of Understanding to formally pursue discussions and undertake a comprehensive due diligence ...

Industry funds consider $22bn merger

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
Two industry superannuation funds are considering merging to create a $22 billion superannuation fund. MTAA Super and Tasplan have entered into a binding Memorandum of Understanding to investigate a possible merger that would see the creation of a $22 ...

IFM Investors acquires super fund-owned port

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2019
IFM Investors is partnering with one of the world's largest port operators to acquire 100% of Poland's largest container terminal from a consortium comprising Australian superannuation funds. The IFM Global Infrastructure Fund, in partnership with PSA ...

MTAA Super makes fee cuts

HARRISON WORLEY  |  FRIDAY, 25 JAN 2019
MTAA Super is cutting its administration fee by $0.10 a week - from $1.60 to $1.50 - in what amounts to an annual saving of 6%. Additionally, the fund has moved to eliminate the exit fee previously paid on amounts rolled out of the fund. It will make ...