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Showing 1011 - 1020 of 22741 results for "Funds"

Cbus, Rest deliver 'strong' returns amid heightened volatility

MATTHEW WAI  |  FRIDAY, 4 JUL 2025
... investment option returned 11.68%. Early indications show that Cbus Super will likely remain one of the top five performing super funds over 10-, 15- and 20-year periods, the fund said. Its default option has achieved an average annual return over 10 ...

Vanguard, CFS deliver strong FY25 returns

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The two retail superannuation funds delivered strong returns for members, but it was the low-cost, indexed-based strategy that outmuscled the other. Vanguard Super returned 13.5% p.a. for 2025 financial year for members aged 47 and under. Since its ...

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... hundreds of thousands of Australians who it alleges were charged excessive insurance premiums within AMP superannuation funds and insured by AMP Life. The firm alleges that NM Superannuation Pty Limited and AMP Superannuation Limited (the AMP trustees) ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... firm failures show little sign of abating. "Whilst we are disappointed at the need for a special levy, we recognise these funds provide a measure of compensation for those who have experienced lengthy and stressful financial loss," Berry said. "The CSLR ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... is a significant step forward in improving member outcomes. ASFA said the new standard was made to guide superannuation funds dealing with superannuation insurance claims, helping to ensure improved service delivery, transparency and security for fund ...

AMP hit with multiple court filings

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
AMP has been served two separate legal proceedings; one a fresh class action and the other from Dexus Funds Management. The class action - which has been lodged in the Federal Court of Victoria - has been filed against N.M. Superannuation Proprietary ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... preserve retirement savings for members as they progress through different life stages. "Aware Super was one of the first funds to make High Growth the default option for younger members as part of our MySuper Lifecycle approach. Our younger members ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
... said. "Ultimately, the financial advisers are the ones that are providing the advice to people to say you should roll your funds into something like the Shield Master Fund or First Guardian Master Fund." Many investors assumed that because their investments ...

Elanor Investors courts suitors for possible takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... governance, saying it has decided to establish a separate independent trustee and responsible entity board for its managed funds. Doing so would see the replacement of many directors on the board of Elanor Funds Management Limited, with a majority independent ...

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
... determined that the current directors remain fit and proper under SPS 520, which requires trustees of APRA-regulated super funds to assess whether individuals in responsible person positions demonstrate the competence, character, honesty, integrity ...