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Virgin Super launched in 2005 by Virgin Money Australia. In 2010, Virgin Super launched the Virgin Super Baby Break, meaning Australian parents are exempt from super fees whilst they are on maternity or paternity leave. In 2016, Virgin announced that it had folded its struggling super fund into the Mercer Super Trust.
Superannuation in Australia, or "super", is a savings system for workplace pensions in retirement. It involves money earned by an employee being placed into an investment fund to be made legally available to members upon retirement. Employers make compulsory payments to these funds at a proportion of their employee's wages.
Sunsuper Superannuation Fund (Sunsuper) was an Australian public offer industry superannuation fund based in Brisbane, Queensland, Australia.It was established in 1987 as a multi-industry superannuation fund open to all workers and is profit-for-members.
The company was established in 1988 when the State Bank of New South Wales created First State Fund Management as a subsidiary. In 1994, Colonial Mutual acquired the State Bank of New South Wales from the NSW Government, and on 23 September 1996 the merged entity was rebranded as Colonial State Bank, with First State Fund Management being branded as "Colonial First State" (CFS).
The Australian Business Number (ABN) is a unique 11-digit identifier issued by the Australian Business Register (ABR) which is operated by the Australian Taxation Office (ATO). The ABN was introduced on 1 July 2000 by John Howard 's Liberal government as part of a major tax reform, which included the introduction of a GST .
AMP Limited (formerly Australian Mutual Provident Society) is an Australian financial services company that operates in Australia and New Zealand.It offers superannuation and investment products, financial advice and banking services through AMP Banking, including home loans and savings accounts.
On 21 February 2023, the Commonwealth Bank Group Super announced it had entered into a memorandum of understanding to pursue a merger with the Australian Retirement Trust. [7] In July 2024, Qantas announced it would merge its superannuation fund with Australian Retirement Trust.
AustralianSuper is an Australian superannuation fund headquartered in Melbourne, Victoria.It is an industry super fund, and so operates through a mutual fund structure.. With over A$ 340 billion of retirement savings under management and more than 3.4 million members, AustralianSuper is the largest superannuation fund in Australia and the sixteenth largest pension fund in the world.