Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 1084 results for %22AustralianSuper%22

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
AustralianSuper has posted an 8.22% return for its balanced investment option. Of note, the Rainmaker MySuper performance index benchmark is likely to yield a return around 9%. AustralianSuper chief investment officer Mark Delaney said that the fund ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
The recent surge in equities should see MySuper products return an average of about 9% for FY23, according to Rainmaker Information - a finding supported by those funds that already released figures. Modelling by Rainmaker shows superannuation returns ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... multiple accounts that were not identified. While ASIC did not name the trustees remediating members, last month AustralianSuper admitted it was refunding $70 million to about 100,000 current and former members who had multiple accounts, with the average ...

AustralianSuper names deputy chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
AustralianSuper has bolstered its leadership team, naming a former chief executive of Frontier Advisors and IFM Investors as its new deputy chief investment officer. Damian Moloney, AustralianSuper's current head of investments (Europe), will assume ...

IFM Investors names chair

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... Industry Fund Services Group and The Royal Women's Hospital in Melbourne. She is also a former director of AustralianSuper. Her appointment follows the resignation of Greg Combet, who is leaving IFM following his appointment as full-time chair of ...

Senate report labels PwC breach calculated, deliberate

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... Since news of the scandal broke, several superannuation funds have frozen their contracts with PwC, including AustralianSuper and HESTA.

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
... funds have made similar calls in recent years. Equipsuper closed its property option in June last year, while AustralianSuper closed its property option in September 2021. Meanwhile, in October 2020, HESTA merged its infrastructure option into its property ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... during a confidential consultation with Treasury concerning tax law changes, has been escalated. In response, AustralianSuper became the first superannuation fund to freeze any new contracts with PwC, a spokesman said. PwC is AustralianSuper's independent ...

IFM, ISPT explore merger options

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... billion is in local infrastructure. About 33% or $48.8 billion is currently sitting in cash. ISPT was established by AustralianSuper, Cbus and HESTA in 1994 and had $22.1 billion in AUM at the end of March. The lion's share is invested in Australian ...

Consulting triopoly dominates NFP super

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2023
... beneficiary of the consolidation trend, with its largest super fund clients being Australian Retirement Trust, AustralianSuper, Hostplus, and Rest. It's followed by Frontier with the likes of Cbus, HESTA, State Super, GESB, Telstra Super and ESSSuper. ...