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|Showing 1 - 10 of 27 results for "Club Super"|
|... the $3 billion Intrust Super. In February, it combined its assets with the $6 billion Maritime Super. In late 2019, Club Super folded into Hostplus, growing the latter to $45 billion at the time. In the latest merger, Adelaide-based Statewide Super will ...|
|... and Victoria respectively. The documents also identified three funds Hostplus saw as its key competitors: Club Plus, Club Super and Intrust. The plan said Hostplus hoped to "destabilise" or merge with the three. Since then, Hostplus has swallowed up ...|
|... the past. In 2011, it considered a merger with TWU Super, but fell through. Hostplus finalised its latest merger with Club Super in 2019. "We are a mature fund having been around for 53 years," Robertson said. "To be able to leverage the liquidity of ...|
|... MySuper offerings have ceased since the first heatmap in December, according to the report. These include the transfer of Club Super accounts to Hostplus and several AMP products.|
|The industry superannuation funds for those who work in clubs, hospitality and retail are facing a tough year and have moved to reassure impacted members. With close to or more than half of their members sitting in the millennial age range, the likes ...|
|... closed. 9. Hostplus enters merger talks In the middle of the year Hostplus announced it was considering a merger with Club Super which officially went ahead last month. Commonalities of heritage were a key driver behind the decision, according to Hostplus ...|
|Hostplus and Club Super have officially merged as of today. The merger, which was announced in July, sees Hostplus add $600 million to its $45 billion funds under management and a further 22,000 members. Club Super accounts will be transferred to Hostplus ...|
|... superannuation funds worth more than $45 billion combined have confirmed they will merge later this year. Hostplus and Club Super are set to merge in just over a month, after the two industry super funds signed a Successor Fund Transfer Deed (SFT), marking ...|
|... $43 billion Hostplus is probing the possibility of a merger with another industry fund. Hostplus and the $566 million Club Super have entered into a Memorandum of Understanding to formally pursue discussions and undertake a comprehensive due diligence ...|
|... said. Preqin didn't disclose how many took part in the research, but said it canvassed the likes of CARE Super, Club Super, CFS Investments and Intrust Super. The report also found superannuation funds comprise 40% of institutional investors in Australia. ...|
In a year the average fund posted over 18% in returns, CommBank's Essential Super was the top one-year performer.
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday.
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment.
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition.
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