The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 100+ results for "Sunsuper"|
|... The research takes into account mergers that are yet to be finalised, including those between Media Super and Cbus, and Sunsuper and QSuper.|
|Members of $100 billion government fund QSuper have been notified of a few changes ahead of its merger with Sunsuper. After QSuper and Sunsuper executed a Heads of Agreement, confirming their intention to merge and create a $200 billion super fund in ...|
|... holdings of infrastructure at 2020 end were AustralianSuper, UniSuper, QSuper, Aware Super, HESTA, Cbus, State Super, Sunsuper, Hostplus and Rest. Collectively they hold 85% of the superannuation infrastructure sector.|
|AMP Australia chief executive Scott Hartley has announced a new leadership team and an updated operating model. Hartley will have seven direct reports. This includes three external hires, including a new managing director advice, a chief investment ...|
|Sunsuper is raising the indirect cost ratio for its Balanced option by 19bps, attributing it to better performance since COVID-19. Sunsuper's balanced option currently charged ICR of 40bps per year, which totals $200 for every $50,000 invested. ...|
|AMP Australia is reducing fees on its platforms, in a bid to attract more clients. Its flagship MyNorth wrap reduced administration fees by up to 22% effective May 1 for balances above $250,000. Administration fee caps for individuals are reducing by ...|
|... KPMG defined mega funds as those with more than $100 billion in AUM and sub-mega funds as those with over $50 billion. Sunsuper and QSuper will merge later this year with the two funds becoming a $200 billion entity, while AustralianSuper already has ...|
|... month, the Australia Post Superannuation Scheme (APSS) signed a non-binding heads of agreement to explore a merger with Sunsuper, which is committed to a merger with QSuper to create a $200 billion plus fund. Also last month, Aware Super signed a Memorandum ...|
|The $5 billion industry fund has appointed two executive managers. Camille Magee moved to executive manager, relationships, growth and advice, Financial Standard's sister publication Industry Moves confirmed . Magee has previously worked at Equipsuper ...|
|About 200 members from Sunsuper and QSuper have written to the funds, asking them to disclose holdings in thermal coal, among other climate change risks. The two funds are set to merge this year, creating a $200 billon fund with over 600,000 members. ...|
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Macquarie Securities Australia (MSA) has copped a $126,000 fine for breaching market integrity rules, making this its fifth infringement in the last six years.
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IOOF has handed a $23 billion index investing mandate to a global investment manager following Vanguard's decision to stop managing passive strategies for other institutions.
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Addressing the annual Conference of Major Superannuation Funds, the Prince of Wales has asked Australia's super funds to get involved in his Sustainable Markets Initiative.
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Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees.
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