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Showing 1 - 10 of 92 results for "TelstraSuper"

TelstraSuper and Equip Super merger to go ahead

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
TelstraSuper and Equip 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 ...

TelstraSuper picks Equip for merger partner

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
After announcing earlier this year that it was open to a merger, TelstraSuper will now explore a 'merger of equals' with Equip Super. In May of this year, and after 30 years in operation, TelstraSuper announced it was on the hunt for a merger ...

TelstraSuper fields influx of merger offers

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
After announcing in May that it is looking to merge, TelstraSuper has received "a high level of interest" from its peers. In an update on the merger process, TelstraSuper said its board is currently considering information provided by a range of superannuation ...

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024
TelstraSuper has handed over an undisclosed amount to Quinbrook Infrastructure Partners, to be invested in its Net Zero Power Fund. Quinbrook's Net Zero Power Fund, which is targeting US$2 billion, seeks investments that look to support decarbonisation ...

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
TelstraSuper's lifecycle MySuper offering turned around 9.6% for all its members under 50 who have not made an investment choice. The result, which is net of all investment fees and taxes, demonstrates the value of its lifecycle structure, chief investment ...

Telstra flags ditching venture capital arm

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
... the products and services to be exited in Telstra Enterprise," she said. Meanwhile, Telstra is looking to offload TelstraSuper, announcing it is on the hunt for a merger partner.

Farewell TelstraSuper: Largest corporate fund explores merger options

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
TelstraSuper is searching for a merger partner, after its board concluded that size and scale are "increasingly important" to serving members' best financial interests. "The TelstraSuper Board see this as an exciting opportunity for members as we ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... the regulators about its issues. AFCA meanwhile closed its investigation based on this. Last November, ASIC took TelstraSuper to the Federal Court for allegedly failing to comply with IDR requirements, as 40% of the fund's responses to complainants ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
TelstraSuper has lowered its percentage-based administration fee, effective April 1. The percentage-based administration fee will be reduced from 0.17% to 0.16% p.a. of each member's account balance. "As every little bit counts, we think that this move ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... scheme, it sets an example for more employers to follow," the group said. Colonial First State, Insignia Financial, TelstraSuper, and UniSuper also welcomed the move, as did the Financial Services Council. However, many did flag there's still more ...
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