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Showing 1 - 10 of 30 results for "Mercy Super"

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... Super (7bps), and Mercer WGSP and Virgin Money (6bps each). MLC, Commonwealth Essential Super, Qantas's Glidepath and Mercy Super will see an improvement of 5bps each. Lastly, Brookfield Australia MySuper and Energy Super will see 4bps each of improvement ...

Hostplus, Intrust merger now official

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
... and partnerships" as a consistent top-performer. With Intrust having found a merger partner, all eyes will now be on Mercy Super which had $1.45 billion in total assets at June 2020 and just over 13,000 members. Queensland funds have seen heightened ...

Another departure at AMP Capital

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
... Superannuation funds that have pulled mandates from AMP Capital include Legalsuper, ESSSuper, LGIAsuper, QSuper and Mercy Super. AMP Capital recently hired State Street Global Advisors senior managing director Shawn Johnson as the chief executive, replacing ...

GROW wins new super fund client

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
A Queensland superannuation fund has picked GROW Inc to replace Mercer as its administrator. The $1.4 billion Mercy Super will soon swap to GROW, after using Mercer for seven years. The transition was initially slated for a June 1 start but was delayed. ...

How managers win ESG mandates

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... decisions by numerous superannuation funds to drop AMP Capital as manager of their respective ethical options. So far Mercy Super, Legalsuper, ESSSuper and LGIAsuper have all withdrawn allocations to the AMP Capital Ethical Leaders Balanced Fund. A total ...

AMP Capital Ethical Leaders dropped by another super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... Balanced Fund as the sole manager of its socially responsible option, citing liquidity concerns and negative press. Mercy Super has made the decision to drop AMP Capital Ethical Leaders as the manager of its socially responsible option. The fund said ...

Women don't own fair share of super

ELIZABETH MCARTHUR  |  TUESDAY, 9 MAR 2021
... women. Funds that have the highest level of women's representation among their members were GuildSuper, HESTA and Mercy Super with 85%, 79% and 77% respectively. Australia's top six funds with the most women members are Rest, AustralianSuper, HESTA ...

Retail fund ups premiums

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... income protection policies. Hostplus put up income protection premiums for a small group of members by 73.7% in August. Mercy Super, Tasplan, Media Super and QSuper also all increased income protection premiums recently. Many of the funds said that the ...

Hannover reverses out of group insurance

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... insurance mandates for large superannuation funds like Equipsuper and Sunsuper as well as for smaller ones such as Mercy Super and AvSuper, according to Rainmaker Information data. Hannover Re Australia general manager finance David Tallack said there ...

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... total and permanent disability (TPD) premiums and administration fees - but income protection premiums will rise. Mercy Super reduced admin fees for super accounts from $1.10 a week plus 0.30% of account balance per annum (capped at $600 per annum) to ...
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