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Showing 81 - 90 of 281 results for "Catholic Super"

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
Members of merged superannuation funds are $15,000 better off in retirement, new research shows. An analysis by Super Consumers Australia (SCA) found MySuper fees of merged entities dropped by 13.4% on average. The consumer advocate group looked at ...

Industry funds pool $61bn of assets

KARREN VERGARA  |  THURSDAY, 11 FEB 2021
... control of their fund's strategy and member and employer relationships," Elia said. In May 2019, Equipsuper and Catholic Super announced a joint venture that combined their investments, administration and offices, but retained their separate bran ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
The investment manager recorded a marginal increase in statutory net profit after tax (NPAT) to $222.8 million, up $2.4 million on the previous corresponding period in its half-year results. On a normalised basis, NPAT dropped by 29% to $136.8 million ...

Challenger welcomes board director

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... meeting in October 2021. The appointment follows an announcement in December where Challenger revealed it was buying Catholic Super's banking business for $35 million. Challenger and MyLife MyFinance have entered into an agreement with an expected settlement ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
Challenger will spend $35 million to buy Catholic Super's banking business, in a move that Bell Porter says could have more upside than suggested by the company this morning. Challenger and MyLife MyFinance have entered into an agreement with an expected ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
Of the almost 3500 stories penned this year, these are the stories the Financial Standard team feels defined 2020. The Financial Standard editorial team has written 3484 stories so far in 2020. It wasn't always easy either. Like most of you, we ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
Australian Catholic Superannuation and Retirement Fund has ended its longstanding relationship with OnePath, naming a new group insurer to take over in the New Year. The $9 billion industry fund said it undertook a comprehensive review and tender process ...

Super funds bullish on hiring

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
... redundancies, and most redundancies have come due to mergers, namely First State Super and VicSuper and Equip and Catholic Super, mostly these were senior executives." "Some projects had been delayed as a result of staff working from home and home schooling ...

Alternatives win big mandates

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
Alternatives asset managers won the most mandates last financial year, marking their best period yet, according to new research. Rainmaker's Mandate Chaser shows the last 12 months to June 2020 were busy for alternatives managers, experiencing a ...

Industry fund updates investment fees

ELIZA BAVIN  |  THURSDAY, 22 OCT 2020
... fund announced changes to its investment objectives, standard risk measures and asset allocations. "At Australian Catholic Super, we regularly review the investment strategies and options available to you as a member to ensure they reflect important ...