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Showing 1 - 10 of 13 results for "SFT"

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 ...

Hostplus wins mandate

KANIKA SOOD  |  TUESDAY, 6 APR 2021
... pre-COVID. It will return the sub-$6000 accounts to the ATO. "We went through a competitive tender process pre-COVID but the SFT [successor fund transfer] was put on hold last year," Industry Fund Services chief executive Cath Bowtell told Financial ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... this year, Financial Standard was first and often the only publication across many of them; Perpetual exiting MySuper via SFT to CareSuper , Equipsuper swallowing up the Pitcher Retirement Plan , LESF Super transferring to Smartsave and, the biggest ...

ClearView pushes ahead with SFT

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
The ASX-listed wealth and insurance company will complete the successor fund transfer of its risk-only superannuation products to HUB24, which is scheduled to take effect on October 31. ClearView will move its clients from its LifeSolutions Super and ...

DTCC launches advisory service

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
Global clearing and settlements firm The Depository Trust & Clearing Corporation is launching a new consulting service. DTCC Consulting Services helps clients with post-trade business operations, which includes providing initial infrastructure diagnostics ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... the requested amount will be made upon receipt of the ATO's determination and the rest will be paid on completion of the SFT. Full withdrawals that will result in the closure of a member account where the balance is less than $10,000 will also be ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... successor fund transfer in in November 2019, to get better scale benefits. In October 2019 IAG and NRMA informed members the SFT had been deferred but no date had been set. Now, the November 2019 transition date has been pushed back to 14 November 2020. ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
... management. About 12 months ago Perpetual Superannuation, as trustee of Perpetual MySuper, told members it was assessing whether an SFT was in the best interest of members. That announcement came on the back of poor performance, with Rainmaker analysis ...
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