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Showing 1 - 10 of 23 results for "Profit to member"

Member governed super boards deliver more: SMC

JAMIE WILLIAMSON  |  WEDNESDAY, 4 FEB 2026
... additional value for members, Super Members Council (SMC) says. In a new report, Member First Representation: The Profit to Member Governance Advantage, SMC states that in the five years to June 2025 representative governed super funds generated $33 ...

TelstraSuper members caught off guard by Direct Access closure

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
... funds that don't support in specie transfers". In a statement to Financial Standard, TelstraSuper said: "As a profit to member super fund, we always put our members first. This decision reflects our commitment to acting in the best financial interests ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... it said. "The key recommendation of this interim report is to water down existing statutory requirements for profit to member ('industry') funds that provide equal representation of employee and employer representatives, and independent trustees ...

Industry funds gear up for brand transformation post-merger

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... December 2022, saying "the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds."

Morningstar eyes super space with new hire

ANDREW MCKEAN  |  TUESDAY, 24 OCT 2023
... "Mark will be crucial in building our success in the sector with a new perspective on helping both retail and profit to member super funds succeed in a fast-moving investing and regulatory environment." Notably, Hoven's hire comes after the recent hire ...

Equip Super welcomes new chair

CHLOE WALKER  |  TUESDAY, 17 OCT 2023
... of the board," Equip Super deputy chair Justine Hickey said. "I know his extensive experience and passion for profit to member organisations will steer Equip Super through the next chapter of the fund's growth trajectory." Cameron will replace Danny ...

Mine Super, TWUSUPER commit to merger

JAMIE WILLIAMSON  |  FRIDAY, 29 SEP 2023
... December 2022, saying "the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds. The Memorandum of Understanding followed TWUSUPER's failed attempt at merging with Australian Catholic ...

IFM Investors buys biogas developer

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2023
IFM Investors acquired a majority stake in a US-based biogas company, but global head of infrastructure Kyle Mangini says it's not about driving an ESG outcome. The purchase of GreenGasUSA is part of IFM Investor's IFM Net Zero Infrastructure ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
Industry groups, consultants and research houses have reacted to findings about Australia's best and worst performing super funds. APRA heatmaps for MySuper products were released yesterday, exposing many sub-par products, but some in the industry ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... chair Nick Sherry said the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds. "Mine Super and TWUSUPER share the vision of creating a sustainable fund which protects and promotes ...
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