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Showing 31 - 40 of 20682 results for "super"

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... total revenues from mining thermal coal or the sale of it to third parties. Speaking to Financial Standard, ART said the super fund was committed to achieving a net zero greenhouse gas emissions investment portfolio by 2050. "Australian Retirement Trust ...

Insignia FUM grows by $11bn, completes platform migration

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
Insignia Financial saw funds under management increase by $11.7 billion (up 3.9%) to $312.3 billion as at March 31, and has completed the migration of MLC Wrap to Expand. Total net outflows for the quarter were $1.7 billion, largely reflecting the transitory ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings. "We all desperately want more Australians to ...

Chief member officer leaves Insignia Financial

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAY 2024
Insignia Financial is on the hunt for a new chief member officer for its superannuation business, confirming the departure of Anne Coyne. Coyne was first appointed to the role in January 2023, following close to two years in governance and disclosure ...

Poor investment governance costly for asset owners, members: KPMG, Frontier

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
Most asset owners estimate that poor investment governance could increase portfolio costs by 1% or more annually, according to a joint report by KPMG and Frontier Advisors. The report, which surveyed 22 asset owners in the local investment industry ...

AustralianSuper announces insurance changes

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... under the age of 25 who have made certain changes to their insurance cover in AustralianSuper plan, GHD Superannuation Plan, Super Options, Personal Plan and Australian Super Select plans with age-based basic cover will be affected by the changes. The ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... from $800,000 to $500,000. Currently, the percentage fee applies to the first $800,000 of member account balances in each Super Savings accounts they hold. From July 1, the percentage fee will apply to the first $500,000. As a result, administration ...

Qantas Super boosts ag assets by $200m

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
Qantas Super has injected $200 million in an agriculture investor that has a $1.1 billion portfolio of farmland across the nation. The super fund has partnered with GO.FARM, a developer, manager, and investor in agricultural assets involved in the production ...

Vanguard Super lowers fees

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
Vanguard Super is reducing its annual administration fees off the back of strong investment performance and its short time in the market. All members will see annual administration fee go from 0.35% to 0.33% per year and the admin fee cap lower from ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... division of Russell Investments Master Trust. Following a review by Equity Trustees, the trustee for Crescent Wealth's super fund, an agreement was made with Russell Investments Master Trust's trustee to move members to the Salaam superannuation ...