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Showing 91 - 100 of 867 results for "Accumulation"

Lutheran Super prepares for merger

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... defined benefit division. The DB offering was wound up on December 31, with all DB members moved into the fund's accumulation division. According to APRA data, in 2020 the DB division only accounted for 2% of the fund.

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
... interests of members. The fund is due to be terminated on March 1 with the fund to stop receiving contributions to accumulation accounts on February 4 and cease pension payments on February 11. Members have been requested to inform the fund of a new ...

QSuper merger update, fee cuts

ELIZABETH MCARTHUR  |  TUESDAY, 11 JAN 2022
... significant event notice to members. As such, QSuper and Sunsuper have agreed to cut admin fees from July 1. QSuper accumulation account, income account and lifetime pension pool admin fees will be reduced from 0.16% to 0.15% per annum. The administration ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... a priority for Labor. Jones sees advice as the missing puzzle piece among the Retirement Income Covenant and the accumulation phase. But currently, the advice sector "is in turmoil," Jones said. "The old business model is stuffed, and the new model hasn't ...

CFS launches low cost geared index options

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
... option borrows to invest in a diversified basket of Australian listed companies. It aims to outperform the S&P/ASX 100 Accumulation Index over rolling seven-year periods before fees and taxes. The CFS Wholesale Geared Index Global Share option aims to ...

Schroders launches Schroder Australian Equity Long Short Fund

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
... combined 40 years of experience in managing equities. David said the fund's objective is to outperform the S&P/ASX 200 Accumulation Index after fees over the medium to long term by investing in, or short selling securities in, a broad range of listed ...

TelstraSuper releases retirement income solution

KARREN VERGARA  |  TUESDAY, 9 NOV 2021
... over the next five years, some 1.8 million members and $300 billion in superannuation savings will move from the accumulation to decumulation phase. Davies said the super fund recognises that members drawing down on their nest egg have different requirements ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... 0.65%. This is followed by Bendigo SSSE and AMG Corporate, both on 0.70%, and Virgin Super Employer (0.73%) and QSuper Accumulation (0.74%). The top 10 is rounded out by Suncorp ESB (0.77%), AustralianSuper (0.77%), AMIST Super (0.81%), Rest (0.89%) ...

AustralianSuper calls for fresh retirement thinking

ELIZABETH MCARTHUR  |  FRIDAY, 1 OCT 2021
... This will mean super funds will have to focus more than ever on providing for members in retirement, not just on the accumulation stage. "The employers who were part of the Ageing Workforce Ready project were looking for a framework so they could support ...

Accumulation bubble ending: AFA

ANNABELLE DICKSON  |  WEDNESDAY, 22 SEP 2021
The massive accumulation bubble that Australia has experienced for years is coming to a close with a shift to a deaccumulation bubble sparking the need for advice processes to change, according to CoreData. Speaking at the Association of Financial Advisers ...