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Showing 1 - 10 of 42 results for "Cbus member"

Cbus informs members of premium changes

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2023
Almost all Cbus members will see their death and TPD premiums drop next month, however most of the fund's older members will pay more. Premiums will rise from August 26, members were told, with the industry fund saying the increase for older members ...

Cbus stalwarts retire, union leader returns

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
Cbus Super board directors Anne Donnellan and Frank O'Grady are set to step down, while a retiring union national secretary will return to the fund. Donnellan will be replaced by AMWU national legal coordinator Abha Devasia, while retiring CFMEU ...

Cbus pledges $500m to support Housing Accord

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... National Housing Finance and Investment Corporation (NHFIC) since 2018 to help develop financing models that deliver for Cbus member returns and deliver affordable financing for community housing providers," he said. "NHFIC's work has been an incredible ...

Cbus overhauls climate change reporting

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
Cbus has updated its climate change roadmap to meet its 2030 target of reducing emissions by 45%, including a change in reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. The ...

Cbus announces changes to admin fees, premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Following on from the completion of its merger with Media Super, Cbus will shave its administration fees by 25%. However, at the same time, some members will begin paying more for death and TPD. The reduction in the dollar-based administration fee will ...

Cbus adds to board

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
Two new members have joined Wayne Swan on the board of industry superannuation fund Cbus. Jason O'Mara was appointed a member director this month, replacing Dave Noonan. O'Mara has been the Construction, Forestry Mining and Energy Union's ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...

Wayne Swan to chair Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Former treasurer and deputy prime minister Wayne Swan will chair $65 billion industry fund Cbus. The fund announced today that Swan would succeed long-serving chair Steve Bracks next year. Commenting on his appointment, Swan said: "I'm humbled to ...

YFYS net must be cast wider: Cbus

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... 2022 and weed out the underperforming funds prior to implementing the rest of the measures. Arter explained that a Cbus member who had been in its MySuper product for the last 20 years, making the normal 9.5% super contributions would have a balance ...

Super fund reappoints insurer

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
A $54 billion industry fund has reappointed its insurer following a review that found it provided affordable and quality insurance. Cbus has renewed its agreement with TAL for five years from 1 July 2021 to provide insurance to its 774,000 members. ...
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