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Showing 71 - 80 of 424 results for %22Super consolidation%22

Maritime Super slapped with infringement

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
Maritime Super, which is soon to merge with Hostplus, has been hit with an infringement notice by ASIC over alleged misleading statements to members about its partnership with Hostplus. In a significant event notification and a newsletter sent to members ...

Cbus, Media Super merger complete

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
Cbus Super and Media Super have merged, following a Successor Fund Transfer on April 9. The merger brings Cbus funds under management to $75 billion, managed on behalf of nearly 850,000 members. Cbus chief executive Justin Arter welcomed new Media Super ...

Super mergers only beginning: J.P. Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
... accelerate, according to a new survey from J.P. Morgan. J.P. Morgan's inaugural Future of Superannuation Report interviewed 12 super fund leaders, who collectively manage $1 trillion in assets. Those interviewed included AustralianSuper chief operating ...

JANA makes five senior appointments

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 FEB 2022
... appointment of five new department heads as part of a leadership structure consolidation, which includes a new hire from NZ Super. Four of the five appointments are internal promotions. Andrew Cassar has been promoted to head of Australasian equities ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
... scrutinised following their inclusion in the heatmaps in December. APRA said it is also assessing the remediation plans of super funds that failed the inaugural performance test last year, adding that it has required some of these funds to prepare contingency ...

ASFA names new chair

KARREN VERGARA  |  WEDNESDAY, 2 FEB 2022
... will position him well as the superannuation industry navigates substantial changes to the global economy, industry consolidation, community expectations, regulatory frameworks and the associated complexity," Davies said. On Easson's departure, Davies ...

EG Funds purchases popular CBD venues

CHLOE WALKER  |  TUESDAY, 25 JAN 2022
... First Choice Liquor superstore. "Property assets in the hospitality sector present a strong platform for growth and consolidation," EG head of capital transactions Sean Fleming said. "Great hospitality venues remain relevant to local communities, especially ...

Future Super acquires Aon's super business

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 DEC 2021
Environmentally friendly super fund Future Super has acquired Aon's superannuation business, best known for its smartMonday brand. The fund acquired Aon Solutions, which provides investment consulting and administration and encompasses the smartMonday ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... funds that failed the inaugural performance test earlier this year that also underperformed here. AvSuper Growth, Christian Super's My Ethical Super, Commonwealth Bank Group Super's Accumulate Plus Balanced, EISS Super's MySuper option, LUCRF Super's ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal. The prudential regulator slapped retail and industry superannuation funds alike with the lowest grade ...