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Showing 1101 - 1110 of 4847 results for "super funds"

Maritime Super dumps ISA membership

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
... decision is an example of putting the financial interests of members ahead of anything else, which is what industry super funds are all about. "On behalf of the Industry SuperFund collective, I thank the fund for its contribution and the positive difference ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... coinciding 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. We are extremely confident we will continue to deliver ...

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... it is however the retail sector that will feel the squeeze as it has the greatest number of small and medium-sized super funds. Figure 1: Australia's largest super funds 2021-25 Prudential regulator APRA is putting the pressure on super funds with ...

Bragg renews calls for Future Fund to manage super

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
... words, a model where all superannuation is managed by a government agency, employer defaults cease to exist, and all super funds only offer choice products. "Under the proposed model, individuals will enter chosen superannuation funds by opting out of ...

Super unit boosts Equity Trustees performance

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... $11.2 billion to $33.6 billion year on year. It now provides trustee services to more than 600,000 members across 15 super funds. This was driven by new wins, signing up major clients like AMP Life and HUB24 in July and August 2020 respectively. Findex ...

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... the performance of the group, as well as KPIs. One director received $20,000 as a bonus. Earlier in the session, big super funds like Aware Super rewarded its chief investment officer with $250,000 bonuses.

Super fund reporting, auditing reform consultation opens

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
... Requirements for Registrable Superannuation Entities) Bill 2021 outlines financial reporting and auditing requirements for super funds with more than four members. The proposed reforms will require super funds to prepare, and lodge audited financial ...

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
Two industry super funds have signed an agreement to explore a merger following a short period of discussion. Hostplus and Statewide Super have signed a Heads of Agreement, with a note on the former's website dated last week confirming the "important ...

Funds valued illiquid asset correctly: ASIC

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... at direct real property, mortgage, infrastructure, private equity, private debt and hedge funds. Early last year, super funds and other asset managers copped flak for how they valued their illiquid investments. ASIC deputy chair Karen Chester said over ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
... the ASX held by superannuation funds is actually falling. In 2019, Rainmaker predicted that by 2030 Australia's super funds would hold 50% of the ASX, as their share trended upward by about four percentage points every five years. However, using ...