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Showing 11 - 20 of 391 results for "Retirement Fund"

ASIC warns super funds on member communication failure

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... Equity Trustees Superannuation (AMG Super), EISS Super (Pool A), SCS Super (Australian Catholic Superannuation and Retirement Fund LifetimeOne). ASIC commissioner Danielle Press warned trustees that fail the performance test need to get the balance right ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... successor fund transfers, the Aracon Superannuation Fund is set to be wound up. Spread across four divisions - ARA Retirement Fund, Xplore Super and Pension, Oracle Superannuation Plan, and Elevate Super - Aracon Super holds $590 million in assets for ...

Retirement officer roles critical in super funds

CHLOE WALKER  |  THURSDAY, 23 MAR 2023
With a wave of new members coming into retirement, it's more important than ever for super funds to create dedicated C-suite roles, a panel of executives at the Conference of Major Super Funds urged yesterday. As Aware Super's head of retirement ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... insurance arrangements. 5. ACSRF, UniSuper confirm merger Earlier in the year, Australian Catholic Superannuation and Retirement Fund and UniSuper signed a Heads of Agreement to formally merge. The two funds announced they were undertaking due diligence ...

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... this year. Other poor performing products were ANZ Smart Choice Super, Australian Catholic Superannuation and Retirement Fund LifetimeOne, AvSuper Growth, Mine Superannuation Default Lifecyle, Guild Retirement Fund MySuper, Bendigo MySuper, Russell Investments ...

Super funds complete mergers

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... of HESTA and Mercy Super has been finalised, as has that of UniSuper and Australian Catholic Superannuation and Retirement Fund. About 13,000 Mercy Super members and their assets have moved to HESTA, bringing its total funds under management to almost ...

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
Household Capital has acquired government home equity scheme specialist Pension Boost; endeavoring to become the leading provider of home equity access in 2023. Pension Boost assists retirees in accessing the Home Equity Access Scheme with Centrelink. ...

Household Capital partners with Genworth

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
Genworth Financial Mortgage Insurance has taken a 22% stake in home equity retirement funding provider Household Capital, concluding a $37.6 million series C capital raise. Speaking to Financial Standard, Household Capital chief executive Joshua Funder ...

UniSuper chair to step down

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
... its transition to a fully public offer fund and the planned merger with Australian Catholic Superannuation and Retirement Fund. He joined the board following an extensive executive career which included serving as chief executive of BT Financial Group ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify ...