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Sept 18 (Reuters) - TelstraSuper, the pension fund arm of telecom major Telstra (TLS.AX), opens new tab, said on Wednesday it is exploring a potential merger with bigger peer Equip Super, which ...
has grown even larger after completing a successor fund transfer with supermarket company Woolworths Group and hospitality and alcoholic beverage retail firm Endeavour Group. Following the fund ...
Melbourne-based Mercer Super Trust will bring more than A$30 billion in retirement assets and 300,000 participants to the combination, while BT — through a successor fund transfer — will ...
The Qantas Super trustee board confirmed on Wednesday the two parties would merge, subject to signing a successor fund transfer deed and completing final assessments. Qantas Super has managed the ...
This will affect the TBC of individuals who have a capped defined benefit income stream to ensure they are not adversely impacted in the event of a merger or successor fund transfer (SFT). In its ...
“We have seen some examples of service delivery being impacted negatively when a trustee is going through a merger or successor fund transfer. We are also aware of a broader range of service ...
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