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Showing 51 - 60 of 140 results for "Qantas Super"

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
As applications for the early release of super (ERS) scheme slow down, the nation's biggest funds have taken the brunt of the payments. Of the $36 billion paid out so far, the 10 funds with the highest number of applications received from the ATO have ...

ASFA adds board members

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... (HESTA chief executive) and Leeanne Turner (MTAA chief executive) representing industry super, and Michael Clancy (Qantas Super chief executive) and Chris Davies (TelstraSuper chief executive) for corporate super. In welcoming Fraser and Lombardo, ASFA ...

CFS Investments chair to retire

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
The chair of Commonwealth Bank's Colonial First State Investments and Avanteos Investments will retire at the end of year. Anne Ward will finish up her eight-year term as non-executive director and chair at the end of December 2020. The group is ...

Insurance premiums soar at Qantas Super

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Customers of Qantas Super will see their insurance premiums rise substantially come 1 August 2020 now that the super fund has officially switched insurers to MetLife. The fund blamed a range of factors for the increase, mostly surrounding the effects ...

Qantas Super awards insurance mandate

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
MLC Life has lost the Qantas Super mandate with the super fund announcing a new mandate. Qantas Super announced MetLife has been awarded the insurance mandate, effective July 1, 2020. The fund said it was pleased to welcome the global insurer, saying ...

No slowing ERS applications

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
... 10 days 23% of the time. Other stragglers include Future Super, meeting the five day limit 51.7% of the time, and Qantas Super making payments within the time frame 64.2% of the time.

ERS withdrawals surpass $10bn

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
... lag, releasing funds within five business days 25.3% of the time, and within 10 business days 29.4% of the time. Qantas Super, another fund which has been slow on release times from the beginning, continued the trend, releasing funds within five business ...

Switching prompts fund to alter allocations

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Qantas Super has altered asset allocations across all its investment options in response to COVID-19, market volatility and a high number of members switching options. The $8.5 billion corporate superannuation fund said that the changes would improve ...

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... releasing funds within five business days only 15% of the time, and within nine business days only 32.6% of the time. Qantas Super also brought the average down, fulfilling just 51.5% of requests within five business days and 45.6% within 10 days. Similarly ...

Early release applications top $9bn

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... payments. The super funds for workers in the industries that have been decimated by COVID-19 including Rest, Hostplus, Qantas Super, Media Super and Sunsuper have also revealed their early release numbers. Industry fund for tourism and hospitality Hostplus' ...