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

Search Results

Showing 71 - 80 of 100+ results for "AustralianSuper"

How far are we from a trillion-dollar super fund?

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... members from around 330,000 businesses, implying about 10% of Australia's population is a member with the fund. AustralianSuper has stayed away from mergers in recent years, dissimilar to Aware Super (formerly First State Super), which currently ...

Super satisfaction bounces back

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... marginally by 0.4% to 62.5% with Unisuper taking the highest satisfaction rating ahead of Cbus, Hostplus, CareSuper, AustralianSuper, Aware Super and HESTA. Meanwhile, retail funds rose by 0.1% to 53.6% with the highest placed rating given to BT followed ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... saying that the proposals are "materially undervaluing IFT's high quality and unique portfolio of assets". AustralianSuper made its first bid on October 18 of NZ$6.40 per share, which includes a cash consideration of NZ$4.69 and in-specie distribution ...

Retail default fund tops performance table

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
... personal balanced fund (6.4% p.a.). The rest of the top 10 performers, in the three years to October, included AustralianSuper (6% p.a.), Cbus (5.6% p.a.), Aware Super (5.6% p.a.), Virgin Money's LifeStage Tracker 1979-1983 (5.6% p.a.), Media Super ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
... consistent pension funds, and is a lead performer across multiple asset classes," Money magazine said. Broken down, AustralianSuper took home the gong for best MySuper product. While it wasn't the highest performer this year, its low cost and returns ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... anything, the holding in Santos was likely to have grown a little due to market movements. As at 30 June 2020 AustralianSuper, the country's biggest fund, had just $31 million in Santos. At the same date, Cbus had 0.57% of its Australian shares holdings ...

Former Cbus chief takes prime role at AMP Capital

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
Industry superannuation fund Cbus's former chief executive David Atkin is joining AMP Capital as its deputy chief executive, effective December 7. "Atkin will assume operational leadership of AMP Capital in an interim capacity until June 2021, while ...

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... highest number of applications received from the ATO have made 3.1 million payments worth a total of $23.2 billion. AustralianSuper leads the pack, having paid out $4.88 billion. This is followed by Sunsuper which has paid $3.57 billion to its members ...

AustralianSuper hires for investment team

KANIKA SOOD  |  TUESDAY, 24 NOV 2020
... three investment directors for its London team. Former VFMC chief investment officer Justin Pascoe, who joined AustralianSuper mid-2019 as a senior portfolio manager, has been promoted to funds deputy head of equities. He is now adding the responsibility ...

Super fund joins climate initiative

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... liquefied natural gas, lithium and chemicals. Cbus and Aurecon join National Australia Bank, Schneider Electric and AustralianSuper in representing investments, services, products and knowledge while Fortescue joins peers BHP, Woodside, BlueScope Steel ...