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Showing 51 - 60 of 30630 results for "fund"

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... They'd be forced to pay more for a house, with a bigger mortgage, have less super at retirement, and pay more in taxes to fund a bloated age pension," Shubert said. "We urge a sensible rethink on any policy ideas that would undermine super." The ...

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
... their super account balance reaches $6000) transfer Death and/or Total & Permanent Disablement (TPD) cover from another super fund or insurer increase Death and/or TPD cover due to a Life Event have age-based or age-based plus extra (fixed) cover by ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... announced a raft of investment strategy and options changes back in March. ART chief of retirement Kathy Vincent said the fund engaged its members, advisers and employers to co-design the new investment menu. "When we asked our members what they wanted ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
Treasury is promising to make Australia a better investment hub for foreigners as it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent". Treasurer Jim Chalmers today released an updated foreign investment ...

Qantas Super boosts ag assets by $200m

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... 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 of tomatoes ...

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 ...

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
... is shuttering both of its responsible investment options, saying it is in the best interests of members. It comes as the fund streamlines its investment menu to offer just one set of options. Following a review of its investment options, Brighter Super ...

The risks and opportunities in advice: SIAA

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... taking part in a panel Financial advice reform: risks and opportunities, told Financial Standard that the $135 billion super fund with 647,000 members is conscious of the wave of Australians that will move into retirement over the next 10 years and the ...