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Showing 221 - 230 of 563 results for "HOSTPLUS"

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... the bank has ever paid dividends to the 26 industry superannuation funds that own the bank (including AustralianSuper, Hostplus and UniSuper). "If you've got a sole purpose test that money is supposed to be invested on behalf of members to make a ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... AustralianSuper paid out 99,350 members to the tune of close to $764 million. About 98.9% of these were processed within five days. Hostplus received close to 127,500 applications, paid out 93,731 totalling more than $660 million, and 99.8% were paid ...

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
... accounts. Link is administrator for a number of super funds, including AustralianSuper, AMIST Super, BUSSQ, Cbus, HESTA and Hostplus. Link said it has seen increased member activity, with contact centre volumes swelling as a result of the ERS, investment ...

Darwinian time for super

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
... With COVID-19 rapidly shifting the ground beneath them, only the fittest superannuation funds will survive, according to Hostplus' Paul Watson. Appearing as part of a virtual panel discussing mergers in super, Hostplus group executive member experience ...

Early release applications top $9bn

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... release payments. The super funds for workers in the industries that have been decimated by COVID-19 including Rest, Hostplus, Qantas Super, Media Super and Sunsuper have also revealed their early release numbers. Industry fund for tourism and hospitality ...

AMP hangs on to AFLPA mandate

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... different stance from the AFL Fund, which last December notified members of its plans to replace AMP with industry fund Hostplus starting February 28. In June last year, AMP lost its mandate as default fund for Australia Post to AustralianSuper. AMP ...

Early release of super numbers revealed

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
... deadline for payments too, with the average time for members to be paid after approval being just 1.6 business days. Hostplus told Financial Standard as at close of business on Friday, 24 April 2020, it had received 84,613 claims under the ERS scheme. ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... MySuper product is considered high risk. Rounding out the top three for MySuper performance were two more industry funds. Hostplus took second place with 15.3% over one year and 10% per annum over three. It has $28.4 billion in its MySuper strategy. ...

LGIAsuper revises down unlisted assets

KANIKA SOOD  |  FRIDAY, 24 APR 2020
... revised down the value of its property and infrastructure in response to COVID-19, joining AustralianSuper, UniSuper and Hostplus. LGIAsuper reduced the valuation of its property portfolio by 5% and infrastructure portfolio by 3%. The changes translate ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... director Trevor Geffin agrees and sees many balanced options in super that he thinks could be serving consumers better. Hostplus' balanced option has a 0% allocation to cash and fixed income, Geffin said, and 25% defensive disclosed. He also pointed ...