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Showing 81 - 90 of 157 results for "Successor fund transfer"

Australian Ethical, Christian Super explore merger

JAMIE WILLIAMSON  |  WEDNESDAY, 6 APR 2022
... parties are undertaking due diligence to explore possible synergies created by a merger. If successful, the successor fund transfer would take place later this year or early next. Due diligence is expected to be completed next month. If it goes ahead ...

Australian Retirement Trust announces next merger partner

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
... interests of our members and we are delighted that this competitive process sees us choosing to make a successor fund transfer into Australian Retirement Trust." APSS is a defined benefit plan with approximately $8 billion in assets and 28,000 members. ...

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... Media Super, which first announced they were exploring a merger in June 2020. More than a year later a successor fund transfer deed was signed. Once merged, Cbus will be home to about 847,000 members and $72 billion in assets.

Hostplus and Maritime Super explore merger

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... funds it could merge with. If due diligence is successfully completed the funds' trustees will sign a successor fund transfer deed and prepare a transition plan which would target Hostplus' and Maritime Super's merger in early 2023. The successor ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
The prudential regulator has outlined its policy and supervision priorities for 2022, saying its prime focus is rectifying sub-standard industry practices and eradicating unacceptable product performance. Released yesterday, APRA said it will continue ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... 2015 annual report shows a return of 9.15%. Media Super is in the process of merging with Cbus, with the successor fund transfer expected to complete in the coming months. Cbus is also expected to merge with EISS Super by July this year.

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... provide to members. The two ultimately determined the merger was in members' best interests and the successor fund transfer was finalised on December 1. 10) IOOF to adopt new name, brand Following the integration of MLC Wealth, the 175-year-old wealth ...

Hostplus, Statewide formalise merger

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
The two industry superannuation funds will progress merging after signing a Successor Fund Transfer deed. The SFT, due to take place on 1 April 2022, will see Statewide Super transfer its members and investments to Hostplus, effectively creating a $85 ...

AustralianSuper, Club Plus complete merger

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... has welcomed almost 60,000 new members following the completion of its merger with Club Plus Super. The successor fund transfer, announced in May, saw the transition of $3.2 billion in funds under management and brings AustralianSuper's total FUM to ...

Aware Super, VISSF finalise merger

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
Aware Super has completed the successor fund transfer with the Victorian Independent Schools Superannuation Fund (VISSF). From today, VISSF members are now part of Aware Super, with the latter now supporting more than 200,000 members in the education ...