Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 97 results for "Group Super"

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
Members of Commonwealth Bank Group Super (CBA Group Super) have officially transitioned to Australian Retirement Trust (ART), marking the latter's largest corporate merger. The two funds have completed the successor fund transfer, initially agreed ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
While yet to reach a final agreement with Australian Retirement Trust (ART), Commonwealth Bank Group Super has told members they will transfer to the industry fund next month. In February, CBA Group Super announced it was exploring a merger with ART ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... taken on several corporate funds in recent times, including Alcoa of Australia Retirement Plan, Commonwealth Bank Group Super, and Oracle Superannuation Plan.

Australian Retirement Trust hunts new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
... Super, Woolworths and Endeavour Group, and Oracle Super, as well as ongoing mergers with AvSuper and Commonwealth Bank Group Super.

ART, AvSuper closer to merging

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... behind and return to positive territory," the fund said. ART is also in the process of merging with Commonwealth Bank Group Super and Alcoa Super. Commonwealth Bank Group Super, which has some $12.3 billion in AUM and 67,000 members, signed a HOA with ...

Australian Retirement Trust completes Woolworths, Endeavour merger

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... bringing in $8 billion and 28,000 members. ART is also in the process of acquiring funds including Commonwealth Bank Group Super, AvSuper, and Alcoa Super. Woodall noted these transfers are progressing and slated for completion during this financial ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... life, an individual (or their dependents) has about a one in five chance of receiving an insurance benefit through group super coverage. In 2021, over 10,000 death benefit insurance claims totalling $1.4 billion were paid, and more than 19,000 income ...

TAL, AIA dominate group life market

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... $606.6 million. The total sum insured under AIA's policies amounts to $495 billion. Other notable insurers in the group super market include MetLife, with a 12.1% share, MLC at 6.6%, QInsure with 4.8%, and Zurich at 4.4%. The data also showed that ...

Australian Retirement Trust lines up another merger

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... under management and gained a further 200,000 members. ART is also currently exploring mergers with Commonwealth Bank Group Super, AvSuper, and Woolworths Group. It also recently confirmed to Financial Standard that it is taking on the members of the ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... Corporation fell through. Just days later, it was announced that it was also exploring a merger with Commonwealth Bank Group Super. In a statement to Financial Standard, ART chief commercial officer Dave Woodall said: "We're excited Oracle has chosen ...
PREVIOUS
NEXT