Australia’s largest and longest-established eligible rollover fund (ERF), AUSfund, has announced that it will shortly wind-up the fund and transfer eligible members – those with accounts over $6,000 - to major industry fund Hostplus. Read more about AUSfund selects Hostplus as successor fund partner.
Hostplus has continued to grow its investments in Australia’s renewable energy sector through an increased investment in Powering Australian Renewables (PowAR), who has partnered with Mercury NZ to acquire Tilt Renewables. Read more about Hostplus powers renewable energy assets with new acquisition.
Major profit-to-member Industry super fund Hostplus today announced that it has revised and enhanced its Socially Responsible Investment (SRI) Balanced option as part of its ongoing commitment to provide a range of well-considered investment options for its 1.25 million members. Read more about Hostplus refreshes its Socially Responsible Investment Balanced option.
In an Australian first in the modern superannuation era, Maritime Super will enter into a strategic partnership with Hostplus to combine investment assets. The move, subject to final board approval this week, will allow the funds to take advantage of the broader investment opportunities, lower investment management fees and realise other cost and scale benefits and efficiencies that come from a much larger asset pool. Read more about Maritime Super and Hostplus announce strategic asset pooling partnership.
Hostplus has announced that its partnership with its fund administrator, Link Group (Link), will be extended to include the outsourcing and management of its service centre and other member service functions. Read more about Announcement on changes to Hostplus Service Centre.