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Prime Super
People and Products
Lachlan Baird, who led $7 billion fund Prime Super for nearly two decades, has confirmed a new executive role....
People and Products
The $7 billion fund has hired a new chief executive to succeed Lachlan Baird, who departed the fund in December last year after 18 years....
People and Products
Prime Super has appointed a new custodian as the fund’s current provider of custodial services NAB Asset Servicing winds down its operations....
People and Products
Prime Super chief executive, Lachlan Baird, is to depart the $6.7 billion fund after almost two decades....
Superannuation
Smaller super funds with lower average member balances are being penalised by APRA’s “blunt” measurement of their fund fees, according to Prime Super....
People and Products
Gemma Dooley and Bev Durston have joined the superannuation fund as non-executive board directors, effective 1 January, 2023....
Superannuation
In a move which will raise questions about politicising proceedings, the chair of the House of Representatives Standing Committee on Economics, Tim Wilson, has directed q...
Superannuation
A broad-based insurance scheme should be established to separate it from superannuation which will balance member risks and improve financial outcomes, Prime Super believ...
Superannuation
Australian superannuation funds defied the worst of the pandemic to reward members with positive returns in 2020. ...
Superannuation
It is not correct to say that many, if any, superannuation fund members will be left without valuable life and disability cover, according to Berrill and Watson Lawyers. ...
Superannuation
Prime Super will abolish administration fees for super accounts with balances under $6,000 from 1 July, after assessing the impact the Protecting Your Super reforms would...
Superannuation
Prime Super and Combined Super have announced that they intend to merge, saying that they have signed a Memorandum of Understanding and are in the advanced stages of disc...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...