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Showing 1 - 10 of 140 results for "Successor fund transfer"

CareSuper to merge with meat industry fund

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... completing their respective best financial interests and equivalent rights assessments, as well as signing a Successor Fund Transfer Deed. "Both funds recognise our shared focus on putting members first and the importance of providing strong retirement ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... superannuation and pension business, WealthFoundations. WealthFoundations will bring $1.3 billion in FUA via a successor fund transfer (SFT) that is due to finalise in the second half of the 2025 financial year. The transaction is subject to client retention ...

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
Australian Retirement Trust (ART) has signed a Successor Fund Transfer Deed (SFT) with Qantas Super to progress its merger, scheduled to complete on 29 March 2025. ART chief executive David Anderson said the merger completion will deliver benefits to ...

Mercer appoints chief investment officer from TelstraSuper

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... profit-to-member fund with more than $60 billion in funds under management and over 225,000 members. The successor fund transfer is expected to occur later this year, with full integration anticipated by the end of 2026, at which point the TelstraSuper ...

Vision Super to drop fees upon merger

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... administration fees will be lowered once it has completed the merger with Active Super. Vision Super said after the successor fund transfer (SFT) on 1 March 2025, administration fees will drop from $78 per annum to $66.04 pa. This will be on top of the ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... return to assess. Over the three years to June 2023, it achieved 3.3% versus the peer median of 7.09%. The successor fund transfer is expected to occur on 1 February 2025.

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... the funds confirmed their merger, with the boards signing a binding Heads of Agrement to proceed with a successor fund transfer and appointing key leadership roles. The merger will create a combined profit-to-member fund with more than $60 billion in ...

Active Super transfers members to Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... with a Guaranteed Income account that their accounts will move to the Challenger Retirement Fund under a successor fund transfer. Any other Active Super products they're invested in will still transition to Vision Super on 1 March 2025. The Guaranteed ...

TelstraSuper and Equip Super merger to go ahead

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... Super have confirmed their merger, with the boards signing a binding Heads of Agreement to proceed with a successor fund transfer and appointing key leadership roles. The agreement follows the announcement in September that the funds had signed a non-binding ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
Qantas Super is poised to merge with $300 billion industry fund Australian Retirement Trust (ART). Subject to final assessments of members' best financial interests and equivalency rights, the merger would see Qantas Super's $9 billion in funds ...
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