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Showing 31 - 40 of 1798 results for "Default"

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
Future Super Group is ramping up its growth strategy, entering the default super space with the acquisition of GuildSuper. The deal with GuildSuper will see Future Group add about $2.77 billion in funds under management and 99,000 members. This includes ...

Cbus appoints new head of infrastructure

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
... investment performance, and have a strategic focus on the way we work." According to Rainmaker Information, Cbus' MySuper default investment option delivered an annualised return of 7.8% over a 10-year period ending August 31, ranking it 10 th out ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... capability to deliver bespoke solutions in partnership with super funds. This includes proposed changes where superfunds may default members into retirement solutions at the point of retirement." He added that by leveraging Allianz's infrastructure ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... management. While it was established in 1999, by 2003 it was already closed to new members, with MTAA Super becoming the default fund for Holden employees. Meantime, Australian Retirement Trust has taken on several corporate funds in recent times, including ...

Advisers boost client portfolios 5.9%

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... example, could see a client's retirement savings amount to $210,947 after 10 years - $21,818 more it was only invested in a default portfolio. "The potential 1.2% in value from an adviser achieved through carefully considered asset allocation can make ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... chief executive Natalie Previtera told Financial Standard that the $14.2 billion superannuation fund will unveil Easy Default, which aims to help members spend more in the early stages of retirement with confidence, as well as have enough to last throughout ...

Russell adds to sustainable managed portfolios

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... they can, and this includes how and where they invest," Rogan said at the time. Russell's GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5% in the 2023 financial year ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... members." In the most recent performance reporting period, Aware Super delivered a 10.7 per cent return for its flagship default investment option, MySuper Lifecycle option, cementing its place as one of Australia's top-performing super funds. The ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... 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 previous years. For death and TPD insurance, members engaged ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
Russell Investments GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5%. The GoalTracker investment option delivered a 13.5% return for members aged 50 and under, attributed ...