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Showing 1 - 10 of 27 results for "Public Sector Superannuation Scheme"

Super assets continue to climb: APRA

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
APRA has published its Quarterly Superannuation Performance and Quarterly MySuper Statistics report, revealing surging growth in the superannuation sector. Total superannuation assets increased by 7.6%, reaching $3.54 trillion in the year to June, compared ...

Funds SA appoints director of asset allocation

KANIKA SOOD  |  WEDNESDAY, 17 MAR 2021
The $37 billion public sector investment manager has appointed a director of asset allocation, hiring from Tcorp. Brendan Hallett will be responsible for leading the asset allocation team and will be deeply involved in developing investment strategy ...

QIC portfolio manager moves to Funds SA

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
The $34 billion public investment manager has hired a new portfolio manager for debt and liquid alternatives from QIC. Petar Bogdanovic spent 15 years at QIC, working in a variety of roles across fixed interest portfolio management, interest rate strategy ...

Billions withdrawn from super

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... ATO said. "If an individual applies to the ATO for the release of an amount from an exempt public sector superannuation scheme (EPSSS), the ATO will process the application, make a determination and send a notification to the EPSSS." The ATO said it ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... under CSC's purview that have active contributors: Commonwealth Superannuation Scheme (CSS), Public Sector Superannuation Scheme, Military Superannuation and Benefits Scheme, and the Defence Force Retirement and Death Benefits (DFRDB). It is also responsible ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
A $34 billion public sector fund has appointed a new custodian, ending a 19 year-long relationship with J.P. Morgan. Funds SA has selected Northern Trust as its custodian, after a long tender process. In September last year, Funds SA said it had invited ...

Final farewell for industry association

JAMIE WILLIAMSON  |  FRIDAY, 7 JUN 2019
After more than 96 years as a recognised industry association, members of the Superannuated Commonwealth Officers of Australia have come together for the last time. About 100 of the industry body's remaining members attended its final meeting - a special ...

ASIC names new default super fund

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2019
... Service Act, new employees were defaulted into the Commonwealth Superannuation Scheme (CSS), Public Sector Superannuation Scheme (PSS) or the Public Sector Superannuation accumulation plan (PSSap). No details of the agreement were disclosed. Historic ...

Future Fund investment specialist joins Funds SA

KANIKA SOOD  |  THURSDAY, 17 JAN 2019
A Future Fund private equity investment director has joined Funds SA in a role that opened up in October. Cameron Sinclair joined Funds SA as the director of growth alternatives, a role where he responsible for more than $3 billion in assets. Sinclair ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... superannuants, namely former public servants in receipt of a Commonwealth Superannuation Scheme or Public Sector Superannuation Scheme pension. The two pension schemes were closed to new members in the early 1990s, and many of the association's 6000-plus ...
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