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Showing 1 - 10 of 35 results for "Universal Super"

Sovereign funds, instos raise $217m for Qld space tech developer

MATTHEW WAI  |  WEDNESDAY, 21 JAN 2026
A group of institutional investors, including various super funds, and the National Reconstruction Fund Corporation (NRFC), Australia's sovereign investor in manufacturing capability, have formed a conglomerate to raise more than $217 million for ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... the transition of about 330,000 members' accounts to cheaper MySuper products. Most members were part of The Universal Super Scheme which merged with others to become MLC Super Fund in 2016. It was alleged members were left idling in products that ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... the transition of about 330,000 members' accounts to cheaper MySuper products. Most members were part of The Universal Super Scheme which merged with others to become MLC Super Fund in 2016. It was alleged members were left idling in products that ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... on the path to a dignified retirement," SMC chief executive Misha Schubert said. "Australians strongly support universal super - and know it's a workplace right. Super should be for everyone, paid from the first hour of your first job, and fixing this ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
Superannuation industry groups are pushing back against a campaign led by NSW Liberal Senator Maria Kovacic seeking to allow single and divorced woman to access their superannuation early to purchase a property. Association of Superannuation Funds of ...

New chief executive for retail super fund, platform

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... worked at BMO Global Asset Management, Equity Trustees, and Suncorp. In 2014, Hegerty oversaw the rebrand of AMG Universal Super to AMG Super. AMG Universal Super was launched in 2000 as a joint initiative between DDH Graham and Pension Investments. ...

Casey Thompson joins First Super board

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
Casey Thompson has joined the board of First Super, replacing longstanding trustee Frank Vari. First Super chief executive Bill Watson thanked Vari for his service to fund members and welcomed Thompson as a trustee. "Casey Thompson is an outstanding ...

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
The Anthony Albanese-led Labor government has been congratulated on its election victory by the Insurance Council of Australia (ICA) and Association of Superannuation Funds of Australia. On the morning Albanese was sworn in as the 31 st prime minister ...

Labor MP savages government's superannuation record

ANDREW MCKEAN  |  THURSDAY, 28 APR 2022
At the ASFA Conference this morning, shadow minister for financial services and superannuation Stephen Jones outlined his party's policy and attacked the government's "crackpot ideas". Jones said he recognised the enormous opportunity of working ...

Vale Tom McDonald

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
... industry based occupational superannuation scheme for building workers and enabled the creation of a legislated universal super system in 1992 by the Keating Government. The building unions' fund, the prototype of industry super funds, was initially ...
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