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Showing 1031 - 1040 of 11078 results for "Members"

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
... intensifying its supervision of their expenditure as it looks to curb spending that is not in the best financial interests of members. The regulator said it will prioritise this supervision where member benefit is not immediately evident or cannot be ...

Shifting retirement intentions require super rule change: ASFA

MATTHEW WAI  |  TUESDAY, 22 OCT 2024
... found more than 20% of workers retired before 60, sometimes they occur earlier due to ill health or to care for family members. Further, of those aged between 65 and 69, who are currently employed (32% of the full cohort), around 70% have a specific ...

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
ESSSuper is moving members in its default investment option to the newly launched Balanced Growth Managed option. Members currently in the Balanced option will move to the Balanced Growth Managed option for Accumulation Plan and beneficiary accounts ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
... GROW Inc superannuation administration platform from Mercer is set to complete in November, with the second tranche of members transitioning from Link to GROW Inc by the end of the financial years," he added. It has also lowered investment fees for super ...

JANA awarded mandate for $2bn construction leave scheme

MATTHEW WAI  |  THURSDAY, 17 OCT 2024
... investment strategies to continue supporting LeavePlus' primary objective in "safeguarding the financial security of our members." "This partnership is a significant step in reinforcing our commitment to members and navigating the complexities of today's ...

Australia's retirement system slides down rankings

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
... is crucial to consider the potential implications for retirees. "Flexibility in the system remains key, and we believe members should be empowered to make the right decisions for their circumstances, with the support and advice of their super funds," ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... compare total fees. He said he's keen to see the industry move towards communicating a transparent combined fee that members pay, rather than only citing one type of fee. He also said Australians shouldn't have to search around to try to find ...

AustralianSuper pumps $2.2bn into US data centre

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... infrastructure exposure, a sector we believe will help deliver sustainable, long-term performance for more than 3.4 million members." DataBank chief executive Raul Martynek said: "This investment, and our new campuses, are a game-changer for DataBank ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... already retire, on average, with around 25% less super than men, with time taken out to care for children and other family members significantly contributing to lower balances," she said. "Many are also leaving the workforce early due to menopause. Creating ...

Nest plans retirement income play

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
Nest, the UK's largest defined contribution workplace pension scheme by members, will work with WTW and Hymans Robertson to develop a retirement offering. It's estimated that in the coming years one in three UK workers will have pension savings with ...