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Showing 1081 - 1090 of 4848 results for "super funds"

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... with the introduction of the 'Your Future, Your Super' legislation that has changed the environment for all super funds, we don't believe the merger would be in our members' best interests," NGS Super said at the time. An NGS spokesperson ...

ERS re-contributions won't be taxed

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... scheme. The non-concessional contributions cap is currently $110,000 for most people. Amounts contributed above this to super funds are subject to tax. Generally, any money withdrawn from super and re-contributed at a later date would count towards the ...

Super funds not ready for IDR

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
An ASIC survey of super funds about their preparedness for the new enforceable internal dispute resolution (IDR) obligations identified areas of weakness. The specific areas identified by the regulator as needing improvement include attention to governance ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
ASIC says it will be watching that super funds don't force members of failing MySuper or Choice options to their other products that don't face a performance test. The first round of the Your Future, Your Super performance only test applied to 80 MySuper ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... Trustees survey shows. The poll, conducted at AIST's annual ASI Conference, surveyed investment professionals from super funds and fund managers. The majority or over half said they will change their asset allocation slightly. About one quarter said ...

Time to weed out dud funds: Delaney

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
... of Superannuation Trustees (AIST) ASI 2021 conference while Your Future, Your Super is imperfect, poor performing super funds need to be weeded out. AustralianSuper returned a record 20.4% last financial year and now has $225 billion in funds under management ...

New investment model for affordable housing proposed

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
Super funds may be able to access an income stream from the federal government for investments in affordable housing under a new scheme, the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference has heard. Appearing at the conference ...

How YFYS test will change currency investments

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
... Future, Your Super test and ESG will change funds' approaches to currency. QIC head of currency Stuart Simmons said super funds could be getting more out of currency hedging strategies than they are right now. In fact, he showed data indicating that ...

Should super funds consider crypto assets?

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... White, who spoke at an Australian Institute of Superannuation Trustees 2021 Conference panel at the event. White said super funds should think about crypto or blockchain-based digital assets as an emerging asset class and if they should be providing ...

Short-termism damaging climate outcomes

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... expansion plans if they cannot offset emissions. "If you don't get it right, it won't just be investors and super funds coming after you... You will have a plethora of court cases to address, and you will lose your social license to operated," ...