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

Search Results

Showing 1 - 10 of 20 results for "SFT"

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...

Super fund chair outlines future strategy

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
... served as chair of Catholic Super prior to the JV and as independent deputy chair of the trustee board in the lead up to the SFT.

Industry funds flag $77bn merger

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
... other industry funds to either merge or pool the assets of members. On June 25, Hostplus signed a successor fund transfer (SFT) agreement with the $3 billion Intrust Super. In February, it combined its assets with the $6 billion Maritime Super. In late ...

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... members are set to drop by up to 20% as its joint venture with Equipsuper becomes a legal successor fund transfer. With the SFT set to finalise on June 30 and all Catholic Super members to transfer from the MyLifeMyMoney Superannuation Fund to Equip ...

Hostplus, Intrust merger now official

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
... and values," Hostplus chief executive David Elia said. Intrust chief executive Brendan O'Farrell said in executing the SFT deed with Hostplus, Intrust is actively working to bring enhanced services and benefits to our members and employers. "At the ...

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
... are neutralised and buy back their trustee by repaying the LGIAsuper reserves. At the end of that period it'll be a full SFT of members into LGIAsuper Trustees and at that point amazing benefits will be unlocked for everyone." LGIAsuper has committed ...

Catholic, Equip SFT to see Fairley exit

JAMIE WILLIAMSON  |  FRIDAY, 18 JUN 2021
... licence, which enabled Catholic and Equip members to reap the benefits of scale long before they would have with a traditional SFT; almost 50% of the estimated benefits have already been delivered. Fairley wouldn't have done it any other way, saying ...

Equip, Catholic appoint acting CIO

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... Moves. Togethr Trustees chief executive Scott Cameron said: "We thank Anna for her role in the successful joint venture and SFT, and acknowledge her team's work guiding us through the disruption of the Covid-19 pandemic."

TAL fund in SFT

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
TAL Superannuation and Insurance Fund members will be transferred to a new fund under a successor fund transfer. On 31 May 2021, all members of the $1.1 billion TAL Superannuation and Insurance Fund will be transferred to Mercer Super Trust by way of ...

Defined benefit fund in SFT

ELIZABETH MCARTHUR  |  FRIDAY, 23 APR 2021
A defined benefit fund with $77 million in funds under management is completing a successor fund transfer to a Mercer subplan. Factory Mutual Insurance Company Superannuation (FMIC) members and assets will be transferred from the existing fund to a ...
PAGE:
1
PREVIOUS
NEXT