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Showing 1 - 10 of 72 results for "PSS"

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN  |  MONDAY, 4 MAY 2026
Cbus members will see an average 46% increase in death and TPD premiums from July 1. Default cover premiums will increase between $0.19 cents and $10.24 per week. There will also be a 12% increase for some income protection categories, the first rise ...

CSC to increase TPD premiums for PSSap members by 43.5%

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2026
Members of Commonwealth Super Corporation's Public Sector Superannuation Accumulation Plan (PSSap) are about to be hit with insurance premium increases of more than 40%. A recent review of the PSSap lifePLUS offering, underwritten by AIA Australia ...

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
Commonwealth Superannuation Corporation (CSC) is undergoing its biggest technology transformation in about a decade, with the fund focused on automation and improved system integration. CSC will consolidate its legacy systems to improve member experience ...

Commonwealth Super delivers 'resilient' performance for FY25

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... Benefit options returned 10.8% for the CSS Default option, 10.7% for the MilitarySuper Balanced option, and 10.6% for the PSS Default option, which also contains the largest assets under management of $28.02 billion as at June end. CSC attributed the ...

Super Fierce goes into liquidation

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... AustralianSuper's High Growth option. Other strong options were HESTA High Growth, Sunsuper Growth, CareSuper Growth and PSS Aggressive.

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... advice, the adviser failed to obtain or consider the client's superannuation assets in the Public Sector Superannuation Scheme (PSS) pension fund. Consequently, the client needed to withdraw $120,735 from the super account and pay a tax bill on the associated ...

Commonwealth Super partners for admin uplift

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2024
Commonwealth Superannuation Corporation will work with Novigi to consolidate all its systems into one administration platform under a new seven-year deal. Effective immediately, CSC is partnering with Novigi to modernise the way it's administered and ...

Commonwealth Super Corp reworks admin fees

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2024
Commonwealth Superannuation Corporation (CSC) is changing the structure of its administration fees across ADF Super, the Public Sector Superannuation accumulation plan (PSSap) and CSC retirement income (CSCri). From March 1, members across these divisions ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... 2022, the 10 largest funds were AustralianSuper, Australian Retirement Trust (ART), Aware Super, Public Sector Superannuation (PSS), UniSuper, CFS FirstChoice, BT Super, Hostplus, MLC Super, and Military Super. AustralianSuper's projected retiree FUM ...

Super Fierce super index shows top 15 funds

ANDREW MCKEAN  |  WEDNESDAY, 13 JUL 2022
... is AustralianSuper's High Growth option. Other strong options are HESTA High Growth, Sunsuper Growth, CareSuper Growth and PSS Aggressive. Meanwhile, for a 50-year-old man with $220,000 today on an income of $155,000 and planning to retire at 67, the ...
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