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Showing 51 - 60 of 1940 results for "industry super"

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... Australian community and the consequential burden on the social security system," an ASFA report said. More recently, Industry Super Australia (ISA) has reiterated the call for gig workers to be paid super. The ISA pointed out that Australia's gig ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... 4.8%. Interestingly, there are 76 retail super fund providers, down seven from a year ago, while there are only 26 industry super funds, which have only lost two providers over the period. In terms of super benefits paid out, this figure hit $95.8 billion ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... not-for-profit funds (13%), retail funds (9%) and smaller funds or self-managed super funds (15%). At the end of June 2022, industry super funds held 18% of members' money in Aussie stocks, while retail funds held 28%. This equates to about $316 billion ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... measures to improve equity," Meanwhile, despite applauding the government for announcing super to be paid on payday, Industry Super Australia (ISA) agreed that not redirecting the revenue to paid parental leave was disappointing. "ISA will continue to ...

Rest to sell Endeavour stake

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... Endeavour Energy to a fund managed by Macquarie Asset Management (Macquarie), already an investor in the company. The industry super fund acquired its stake in Endeavour Energy in 2017, when the NSW government sold 50.4% of the company to a consortium ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... miss out when super is paid less frequently. Women are overrepresented in this group." Advocacy groups including Industry Super Australia (ISA) have long called for super to be paid at the same time as wages. ISA said moving super payments to align with ...

Hostplus, IFS adopt 'mass-personalised' advice tool

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... manager, advice solutions Adrian Gervasoni said: "IFS is very focused on driving innovation and efficiency in how industry super funds are able to deliver great advice at scale. By partnering with industry leaders such as Iress and Hostplus, we feel ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
On the back of yesterday's heatmaps from APRA, Industry Super Australia (ISA) has said it's clear that closing funds to new members is a Choice sector business model, not a punishment. The Choice heatmaps revealed two thirds of products that are closed ...

Industry fund merger advances

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
Two industry superannuation funds have reached a key milestone, signing a Heads of Agreement to form a combined fund that will manage $20 billion. Mine Super and TWUSUPER have progressed in their merger process, which began in December 2022 with the ...

Women growing super faster than men: Research

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... of the male average, which in turn leads to lower superannuation contributions and balances compared to males." Industry Super Australia calculates it will take 40 years for women to catch up to men's super balance, using a median super balance for ...