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Showing 21 - 30 of 20682 results for "super"

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
The Financial Services Council (FSC) continues to expand into financial advice by taking on a digital advice association that flagged its formation one year ago. The Digital Advice Expert Group is now part of the FSC, founded by moneyGPS chief executive ...

Farewell TelstraSuper: Largest corporate fund explores merger options

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... potential to deliver further fee reductions for members into the future," a statement from TelstraSuper said. The $26 billion super fund was initially created in 1990 exclusively for Telstra employees 30 years ago, but it now has a much broader membership ...

Prime Super finds new chief executive

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
Prime Super has appointed former Zurich chief of business transformation Raelene Seales as its new chief executive. The $7 billion industry fund with 140,000 members said Seales will commence on June 3. Seales previously served as Zurich's chief ...

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... fair and sustainable, the Actuaries Institute Summit heard. Mercer associate Kieran Chu said while the Your Future, Your Super (YFYS) performance test was designed to protect members from underperforming products with respect to investment performance ...

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
ASX chair Damien Roche has announced former APRA chair Wayne Byres will join the ASX board, effective today, as non-executive director. Roche said he was delighted to welcome Byres to the board, and he looked forward to "drawing on his deep financial ...

UniSuper battles major system outage

JAMIE WILLIAMSON  |  FRIDAY, 3 MAY 2024
... outage impacting the entire business, assuring disgruntled members it is not the result of a data breach. The $135 billion super fund's online systems have been disrupted this week, with its 665,000 members unable to log in to access account balances ...

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
Macquarie Group has reported a net profit of $3.52 billion for the year ending 31 March 2024, a 32% decrease from the previous year. The firm's assets under management increased to $938.3 billion, up 7% from 31 March 2023, but primarily due to favourable ...

ART names advice and education leads

ELIZABETH FRY  |  FRIDAY, 3 MAY 2024
... in February 2019. Previously, he worked in senior growth, relationship, and business development roles at Rest Industry Super, ING Australia and, most recently, Media Super. In 2023, he joined the boards of Sunsuper Financial Services and QInvest. As ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
Mercer Super has launched a new corporate superannuation plan for employers of all sizes called Mercer Business Super. Mercer Super chief executive Tim Barber told Financial Standard that historically, Mercer Super Trust's "bread and butter" has been ...

Advisers urged to capitalise on HNW interest in alternatives

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
High-net-worth (HNW) investors are the largest market for alternative assets, drawn by the potential for diversified risk-adjusted returns and superior yields in an environment where traditional investments may underperform, according to a report by ...