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Showing 1 - 10 of 100+ results for "Statewide Super"

Hostplus, Statewide Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
With its merger with Statewide Super now complete, Hostplus says it is on track to hit $100 billion next year. Hostplus now has $81 billion in funds under management and is home to 1.5 million members after merging with Statewide. This places them in ...

Hostplus, Statewide provide merger details

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
Hostplus and Statewide Super will merge next month to create an $83 billion fund. The merger, which was originally slated for April 1, will now take place on April 29, Statewide Super said in an update to members. Following the combination, Hostplus ...

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
The Federal Court has imposed combined penalties of $4 million on Statewide Super for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required. Between 2017 and 2020, Statewide ...

Super fund appoints new insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
... already the group insurer for Hostplus, CareSuper, Spirt Super and Qantas Super. It is also group insurer for Statewide Super which is preparing to merge with Hostplus.

Hostplus, Statewide formalise merger

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... progress merging after signing a Successor Fund Transfer deed. The SFT, due to take place on 1 April 2022, will see Statewide Super transfer its members and investments to Hostplus, effectively creating a $85 billion super fund with 1.5 million members ...

Hostplus, Intrust merger complete

KARREN VERGARA  |  MONDAY, 29 NOV 2021
... into the future," O'Farrell said. Hostplus took over Club Super in 2019 and is in the process of merging with Statewide Super.

Industry fund chief executive to step down

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
... Standard in May, with the discussions later confirmed in June. Hostplus is also in the process of merging with Statewide Super, with the two signing a Heads of Agreement in August.

Statewide Super increases premiums

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... their cover is becoming more expensive according to their occupation, age, level of cover and unitised rates. Statewide Super has changed the way it offers insurance cover, categorising members based on four occupational options. The 'Standard' ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets between 8-15%. Statewide Super said it did its devaluations on the back of advice from external valuers and investment managers. In August 2020, the House ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... Partners). The firm was founded in 2009 and manages $700 million in total assets. The LIC's board will includes Statewide Super independent chair Ken Williams, who has over 30 years of experience in corporate finance, and Richard Wilson, who is currently ...
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