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Showing 1 - 10 of 20 results for %22Hostplus Pooled Superannuation Trust%22

Hostplus finalises merger with Maritime Super

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
Hostplus and Maritime Super have finalised their merger, following a due diligence process that began with the signing of a successor funds transfer deed last December. The merger aims to scale up the capabilities of both superannuation funds, offering ...

Hostplus, Maritime Super make merger official

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
... have benefited from its involvement with Hostplus to date. "We have been invested in the Hostplus Pooled Superannuation Trust (PST) for around two years. And whilst we know that past investment outcomes do not guarantee future outcomes, I am very pleased ...

Maritime Super slapped with infringement

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
... "Maritime Super is focused on net returns to members. Since we moved our investments to the Hostplus Pooled Superannuation Trust our members have enjoyed strong returns, and investment management fee rates paid to managers held in common reduced overall ...

Hostplus and Maritime Super explore merger

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
Hostplus and Maritime Super have signed a memorandum of understanding, entering into merger discussions. The funds have an existing partnership, Maritime Super entered into a strategic outsourcing arrangement by moving the management of its investment ...

Hostplus, Statewide formalise merger

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... Transfer deed. The SFT, due to take place on 1 April 2022, will see Statewide Super transfer its members and investments to Hostplus, effectively creating a $85 billion super fund with 1.5 million members, and 280,000 contributing employers. Taking its ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... Super. All of these merger partners passed today's test. Additionally, Maritime has pooled its investment assets with Hostplus. Meanwhile, ACSRF which failed the test was due to merge with NGS (which passed), but both funds scrapped the plans last ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... Super began investing its MySuper option - which accounts for just 15% of members - in the Hostplus Pooled Superannuation Trust (PST). The deal was widely criticised as many, including several politicians, labelled the move an attempt to avoid merging. ...

Hostplus deal doesn't rule out a merger: Maritime

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... Bragg as a "quasi-merger" in a letter to APRA. "All we've done is buy units into the Hostplus pooled superannuation trust or PST -- in the same way we would buy units in any other pooled investment vehicle," Robertson said at the July 8 hearings. ...

Industry funds pool $61bn of assets

KARREN VERGARA  |  THURSDAY, 11 FEB 2021
... $6 billion of assets under management will combine with the $55 billion Hostplus via the Hostplus Pooled Superannuation Trust (PST), subject to final board approval. Maritime Super chief executive Peter Robertson told Financial Standard that the branding ...

Hostplus makes bid for SMSF money

KANIKA SOOD  |  WEDNESDAY, 19 JUN 2019
... the fund uses a different platform. "In the past where we have seen members leave the fund has been to set up an SMSF," Hostplus group executive, member experience Paul Watson told Financial Standard. "Also in time, all SMSFs have an end game when they ...
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