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Showing 1 - 10 of 50 results for "TWUSUPER"

TWUSUPER chair retires after two decades

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... billion industry fund has stood down, with Nick Sherry appointed to the role. Effective this month, Sherry will lead TWUSUPER's board, drawing on his experience as Australia's first minister for superannuation between 2007 and 2009 and as a founding ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... Trust, BUSSQ, First Super, Meat Industry Employees Superannuation Fund, Perpetual WealthFocus, Qantas Super, REI Super and TWUSUPER. Several other funds were named, the bulk of which have already taken steps to improve member outcomes. These include ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... sponsorship arrangements and other arrangements that are not in members' best interests. The fund was due to merge with TWUSUPER but after the news broke of its questionable expenditures and poor culture within the fund following its failure of the ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... Colonial First State's FirstChoice Employer Super came the closest to passing with a score of 0.60%. Of those that passed, TWUSUPER (-0.47%), Westpac Group Plan MySuper (-0.46%), Mine Super's default lifecycle option (-0.44%) and Rest (-0.43%) came the ...

APRA moves to force EISS Super merger

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... Super cannot execute a merger by the deadline provided, it must report to APRA. EISS Super was planning a merger with TWUSUPER prior to the performance test results and subsequent revelations about frivolous spending, which also saw the departure of ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
... Super. ACSRF was planning a merger with NGS but those discussions broke down, as did plans for EISS Super to merge with TWUSUPER. Maritime Super also acted ahead of the test results, entering a strategic partnership with Hostplus earlier this year. Finally ...

TWUSUPER cans merger plans

JAMIE WILLIAMSON  |  THURSDAY, 14 OCT 2021
TWUSUPER has decided to not proceed with its planned merger with EISS Super, saying it will pursue other options. In a statement this morning, TWUSUPER advised the merger will not go ahead, saying: "Any merger must be in members' best interest." ...

Former super fund chief defends tenure

JAMIE WILLIAMSON  |  THURSDAY, 16 SEP 2021
... this three-year deal cost about $3 million and was executed in October 2020, when the fund was already in talks with TWUSUPER to merge. The SMH also reported that several other sponsorships undertaken as part of the fund's marketing strategy "have ...

EISS Super chief executive exits

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... executive Alex Hutchison has resigned, after the fund failed the performance test and during its planned merger with TWUSUPER. Hutchison resigned yesterday and requested it be effective immediately. EISS Super chief financial officer Lance Foster has ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... Commonwealth Bank Essential Super, Colonial First State, EISS Super, Local Government Super (now Active Super), VISSF, TWUSUPER, Toyota Super, Suncorp, Mine Super, Mercer, Maritime Super, LUCRF Super, AvSuper and Commonwealth Bank Group Super. AvSuper ...
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