Sunsuper Risk Report

🛡️ Financial & Liquidity

Sunsuper has been involved in several mergers and acquisitions, indicating active expansion and a focus on growth. The merger of Sunsuper with QSuper to create the Australian Retirement Trust (ART) exemplifies this strategy, significantly increasing the fund’s assets under management. These activities highlight Sunsuper’s emphasis on strategic growth and enhanced financial stability.

• QSuper and Sunsuper merged to form a new institutional giant, highlighting a significant transformation in the financial services landscape 🗓 March 7, 2022.
• Mergers were completed to create the Australian Retirement Trust, significantly boosting the fund's assets to $200 billion 🗓 February 28, 2022.
• Sunsuper engaged in a merger with AustSafe Super, further demonstrating their focus on strategic expansion 🗓 July 5, 2018.
• AMP Capital purchased properties for Sunsuper to enhance their asset portfolio 🗓 July 8, 2017.
• Sunsuper and Kinetic Super completed a strategic merger, further bolstering their market position 🗓 July 24, 2017.

⚖️ Legal & Regulatory

Sunsuper has encountered legal challenges that pose potential risks. Notably, a lawsuit from disabled workers claimed denial of lump-sum payouts, which could impact the fund’s reputation and financial position. Managing these legal affairs is vital to maintaining trust and operational continuity.

• Disabled workers sued Sunsuper for denying them lump-sum payouts, reflecting serious legal and regulatory scrutiny 🗓 June 2, 2018.

📜 Innovation & R&D

Sunsuper is focused on innovating its business model and maintaining competitiveness in the financial sector. Notable innovations include initiatives like the 'TPD Assist' program, which has resulted in significant cost savings.

• Sunsuper saved $36 million through the innovative 'TPD Assist' initiative 🗓 August 29, 2016.

🏅 Awards & Recognition

While specific awards or industry recognition records aren't available in the dataset, Sunsuper continues to engage in business practices and strategic growth activities that may position it for future recognition and awards in the financial sector.