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Showing 1011 - 1020 of 4810 results for "super funds"

Government-run super would leave members worse off: ISA

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... political interference and conflicts of interest. The Productivity Commission found internationally government-run super funds invest conservatively as few governments can withstand the political risk of negative returns during market downturns, leading ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... account currently pay less than $30 billion a year in fees after a year of reductions across not-for-profit and retail super funds. In the last decade, super fees have fallen by a quarter, with about half of the action taking place in the last three ...

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... insurance premiums for most of its members, saying the offering now better aligns with what is available at other super funds. Premiums will change from November 1 for all occupational categories to better reflect the level of risk undertaken or likelihood ...

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
After failing to meet APRA's inaugural performance test, Colonial First State (CFS) has appointed BlackRock to run strategies across its two MySuper funds. BlackRock won the mandate to provide investment services to CFS' FirstChoice Employer Super (FCES) ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... remuneration practices supported by robust frameworks and policies that influence behaviour beyond financial rewards. Super funds with $30 billion in assets under management are classified as significant financial institutions (SFIs) and must establish ...

Ellerston investments chief takes board role

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
... board of Funds SA, the South Australian government's investment corporation that oversees the state's public sector super funds. Hall brings extensive knowledge and experience in investment and funds management, Funds SA said. Commenting on his appointment ...

ASIC eyes employee super fund choice

KARREN VERGARA  |  MONDAY, 18 OCT 2021
... issued a stern warning to employers and their superannuation fund provider about influencing employees' choice of super funds. The regulator will conduct a review this financial year on how trustees abide by its requirements and may consider action ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... Finance Australia. Within the report, the Labor Party raised several issues, namely that it logically follows that super funds could also see negative investment outcomes if they were to report such information. "The hypocrisy of the government in granting ...

Super system "frayed": Hume

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
... swipe at some funds when she said that under the best financial interests duty clarification within Your Future, Your Super funds will not be able to spend member money on activities that don't provide financial benefit to members. "Advertising campaigns ...

Super funds extend poor disclosure to ESG holdings

KARREN VERGARA  |  MONDAY, 11 OCT 2021
... governance commitments. The recent Financial Standard Best Practice Forum on ESG heard that only a small subset of super funds are walking the talk when it comes to genuine ESG advocacy. Rainmaker Information executive director of research Alex Dunnin ...