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Showing 1 - 10 of 100+ results for "Energy Super"

LGIAsuper picks custodian for merged fund

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
... total $28 billion in assets. The merged industry fund will use NAB Asset Servicing as its custodian, siding with Energy Super and Suncorp Portfolio Services' current custodians and moving away from LGIAsuper's current custodian J.P. Morgan. LGIAsuper ...

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... and will retain about 130 staff that work within the wealth business. LGIAsuper is in the process of merging with Energy Super, which upon completion and taking into account the Suncorp acquisition, will create a $28 billion fund with some 250,000 members. ...

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
Ahead of its merger with Energy Super, LGIAsuper has made several changes to its insurance offering and announced the closure of its Lifecycle product. Having maintained its level of insurance premiums charged to members since July 2015, LGIA said an ...

Funds announce chief ahead of merger

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
With LGIAsuper and Energy Super to merge , the funds' boards have agreed on who will be chief executive. LGIAsuper chief executive Kate Farrar will lead the merged funds from 1 July 2021. The merger of LGIAsuper and Energy Super will see the funds ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... proportions of women leadership are: Aware Super, BUSSQ MySuper, CareSuper, Commonwealth Superannuation Corporation, Energy Super, HESTA, Media Super, NGS Super Accumulation, TASPLAN and Telstra Super. Women hold $1.2 trillion of FUM out of the nearly ...

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... underperforming funds opt to merge with a stronger partner." Several mergers are currently in the works, LGIAsuper and Energy Super; NGS Super and Australian Catholic Superannuation and Retirement Fund; QSuper and Sunsuper ; and Media Super and Cbus. ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
LGIAsuper and Energy Super will proceed with a merger that is set to finalise as early as 1 July 2021. The board of the two Queensland-based superannuation funds have signed a binding heads of agreement following a two-and-a-half month due diligence ...

Industry fund slashes admin fees

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... exposure to property and global shares and introducing a new asset class. LGIAsuper is mulling a potential merger with Energy Super , which would contribute about $7.5 billion in assets to create a $20 billion entity. Farrar said the merger is designed ...

QSuper head of advice exits

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... centre and operations divisions, and drive product and service strategy. Hughes has also worked in senior roles at Energy Super, Queensland Treasury Corporation and Suncorp. Hughes said: "It has been an honour to work in an organisation where members ...

Women focus in Labor budget reply

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
Labor leader Anthony Albanese has put the spotlight on childcare, aged care and social housing when delivering his budget reply speech. Delivering his response, Albanese said Treasurer Josh Frydenberg's budget has left Australians behind. "Our economy ...
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