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Showing 21 - 30 of 1937 results for "Industry super"

Launch of new superannuation body imminent

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... Members Council of Australia, the new body created by the Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) is hunting for a chief executive ahead of its official launch next month. Expected to be operational from ...

ISPT appoints risk, legal chief

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... increased efficiency. ISPT is currently exploring a potential merger with IFM Investors, as confirmed in June. The industry super fund-owned IFM Investors and ISPT said in a joint statement that: "A potential merger recognises that IFM and ISPT have ...

AIST, ISA detail advocacy body to come of merger

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... October, to create a cohesive voice for the sector. The Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) have confirmed the new body will be jointly driven by their shared member base. The board will comprise ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... member accounts. The 20 products that failed house $1.7 billion on behalf of 36,000 members. Here, there were two industry super fund options that failed - Australian Meat Industry Superannuation Trust's High Growth Super Option and Australian Retirement ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
Rest is closing its bonds and shares investment options to new members as of September 30. The $75 billion industry super fund said any request by existing members to switch funds into the bonds or shares options must be received by September 27. However ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... primarily used up as income for retirement and supporting the sustainability of the federal budget." Meanwhile, Industry Super Australia (ISA) commissioned analysis by Rice Warner, which revealed that replacing superannuation with an enhanced pension ...

ISA, AIST announce merger to form new organisation

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST) are merging, announcing a new unified organisation to represent profit-to-member superannuation funds. In a joint statement, ISA and AIST said the merged entity ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Twelve industry super funds have called on the federal government to urgently reform a superannuation tax offset to prevent low-income workers from being penalised. The group of funds, which include Aware Super, Cbus, HESTA, and AustralianSuper, together ...

ISPT to use SS&C performance measurement tool

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
Industry Super Property Trust (ISPT) has implemented global software provider SS&C Sylvan (SS&C) for performance measurement and attribution. SS&C will now automate ISPT's data ingestion while simultaneously calculating capital and income returns ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
An industry super fund has announced a reduction in weekly insurance premiums for death, terminal illness, TPD, and income protection cover. First Super reduced the weekly cost of its default insurance cover, prompted by fewer than expected claims in ...