Search ResultsShowing 91 - 100 of 100+ results for "Super"
Super fund to reduce admin costs
ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
A $12 billion super fund has moved to significantly reduce the cost of its administration in future years. LGIA super has selected global business process specialist Tech Mahindra to take over and operate its back-office administrative platform. ...
Average Australian is a millionaire: ABS
ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... In 2005-2006 it was just under $749,000. Property and superannuation were the main contributors to household wealth. Super has significantly bolstered Australian wealth, with the average household super balance nearly doubling over the last 12 ...
Much review about nothing
HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... sector. While agreeing with Hume's summation that Australia needs to focus on post-retirement solutions after the super system proved itself to be efficient in accumulating retirement savings, Nyilas refuted the need for yet another ...
APRA sticks to rigid member outcomes deadline
KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... consultation for prudential standard Strategic Planning and Member Outcomes (SPS 515) is underway , APRA has forewarned super funds that the proposed elements will likely remain largely unchanged and the 1 January 2020 effective date is on track. ...
REI Super announces new partnership
ELIZABETH MCARTHUR  |  FRIDAY, 12 JUL 2019
The $1.6 billion super fund for the real estate industry announced a new partnership to power better member outcomes. REI Super is partnering with Laneway Analytics for data insights specific to user requirements across roles within the super fund. ...
NEOS upgrades super product
KARREN VERGARA  |  THURSDAY, 11 JUL 2019
Enhancements to NEOS Life's superannuation product Super Plan are helping customers apply for cover in a fraction of the time. When applying for the risk-only superannuation product, a customer's identity is validated and automatically matched with ...
Super fund increases fees
JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2019
A $12 billion superannuation fund has made a series of changes to its administration and investment fees. As of July 1, LGIAsuper has introduced a flat administration fee of $1.50 per week across all of its investment options, including diversified ...
Grattan SG claims slammed by industry bodies
HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... recent claim that middle-income workers would be worse off if the Superannuation Guarantee rose to 12%. Industry Super Australia and the Association of Superannuation Funds of Australia have called out the research house, with ASFA chief ...
ESG options outperform in the short term: Research
KARREN VERGARA  |  THURSDAY, 11 JUL 2019
... shows. Rainmaker's latest Roundup report, which analysed 139 multi-manager, strategic investment options offered by super funds, found Equip's MyFuture Sustainable Responsible Investments (14.1%) topped the 12-month performance table to May ...
Super funds hard to engage with: Research
ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
About 67% of superannuation fund members who attempted to engage their super fund in the last 12 months gave up, according to new research. New insights from the Investment Trends Super Fund Member Sentiment and Communications Report shows 67% of ...
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