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Search ResultsShowing 1 - 10 of 100+ results for "Catholic Super"
Cbus, Media Super start due diligence
KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... individual branding but merge their investments and administration operations, similar to EquipSuper's merger with Catholic Super. Media Super chair Gerard Noonan said the joint agreement will give its members the benefits of scale. "By increasing ...
Equipsuper, corporate fund merge
JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUL 2020
... heatmap update for landing above the threshold level for significant underperformance. Equip is set to merge with Catholic Super, having entered a joint venture last year .
Eaton Vance wins super fund mandate
KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
A $9 billion superannuation fund has mandated Eaton Vance for a slice of equity allocations for its retired members, with the goal of providing downside protection while meeting specific yield targets. Australian Catholic Superannuation Retirement Fund ...
Industry fund ups insurance premiums
HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
An $8.5 billion industry superannuation fund is increasing the cost of insurance premiums paid by members. Australian Catholic Superannuation and Retirement Fund is upping the cost of its death and total and permanent disablement unitised cover as it ...
Cbus, Media Super explore merger
KANIKA SOOD  |  THURSDAY, 25 JUN 2020
... partners, Media Super has settled on Cbus in a model that is expected to be similar to that of Equipsuper and Catholic Super joint venture. The two funds haven't yet signed a memorandum of agreement or completed any due diligence, but are understood ...
ERS payments reach $15bn
ELIZA BAVIN  |  MONDAY, 15 JUN 2020
Almost $15 billion has been removed from Australia's superannuation system, but the number of weekly applications has started to reduce. Over the week to June 7, superannuation funds made payments to 167,000 members, bringing the total number of payments ...
No slowing ERS applications
ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
Around 177,000 applications for the Early Release of Super scheme were received in the week ending May 31, as the total approaches two million. Since the inception of the scheme in mid-April, payments that have been made to eligible members have taken ...
Asgard, Future Super shamed on ERS
ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
At a hearing of the House of Representatives Standing Committee on Economics that was supposed to focus on ME Bank's recent troubles, the super funds performing poorly in terms of early release copped surprise criticism. APRA had advised that early ...
ERS withdrawals surpass $10bn
ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Over $10 billion has been withdrawn under the government's Early Release of Super scheme, with 70% paid out by just 10 funds. Over the period from April 20 to May 17, payments that have been made to eligible members have taken an average of 3.3 ...
APRA releases latest ERS data
ELIZA BAVIN  |  MONDAY, 18 MAY 2020
APRA has released the newest ERS statistics for the week ending May 10, revealing funds have slipped in meeting the five-day deadline. The weekly report shows 94% of funds paid applications within five business days, down from 96% the previous week. ...
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