News

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 ...
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 ...
“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 ...
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 ...
The successor must ensure that all taxes and trust debts and obligations are paid before distribution. If not, then the trustee may be liable for trust obligations in the absence of trust funds ...