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Showing 1111 - 1120 of 13651 results for "Member"

Major climate group suspends operations

ROSE MARY PETRASS  |  TUESDAY, 14 JAN 2025
An alliance of financiers with over US$57.5 trillion in assets has bowed to US political pressure and hit pause after the exit of the world's largest asset manager, BlackRock. Net Zero Asset Managers (NZAM), which has over 300 members, announced it ...

How to simplify super to get better retirement outcomes: Mercer

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
... accumulated benefit into an eligible retirement income product - which would also need to be deemed suitable for the relevant member cohort - provided by their super fund. The 'soft default' products offered under this arrangement would generally ...

Vision Super to drop fees upon merger

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... Memorandum of Understanding to explore a merger in June 2022. At the time, their combined assets were pegged at $26 billion with member accounts at 169,000.

CFS delivers 16.6% returns for growth members

MATTHEW WAI  |  MONDAY, 13 JAN 2025
Colonial First State (CFS) announced impressive returns for its balanced and growth equivalent funds throughout 2024. The FirstChoice Employer Super balanced option returned 13.8% in 2024, while the FirstChoice Employer Super growth option delivered ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
Platinum Asset Management grew its assets under management (AUM) in the last month of 2024 to end up with $11.1 billion. The fund manager made a net gain of $93 million during the month of December despite experiencing outflows of $289 million. Some ...

Former Rugby World Cup champion joins Centuria Bass Credit

MATTHEW WAI  |  THURSDAY, 9 JAN 2025
... loan management is a perfect match to assist CBC continue its growth trajectory." Notably, Giffin is known as the winning member for the Wallabies in the 1999 Rugby World Cup and was also a part of the runner-up squad in the 2003 Rugby World Cup. The ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
Perpetual has appointed Equity Trustees (EQT) to oversee two of its superannuation products as the new trustee. Equity Trustees Superannuation will takeover trustee duties on 1 March 2025 from Perpetual for the Select Super Plan and Select Pension Plan. ...

AustralianSuper wins fund of the year

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
... changes to its operating model to build an organisation that will sustain this growth over time, for example, growth beyond member services and investment teams into areas such as risk, technology, data, finance, legal, and other enterprise functions. ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... 10.10%. It had net members' benefits flows of $201.3 million compared to the industry median of $9.07 million. Its total member accounts grew by 42.75% - the industry median was just 1.1%. Meantime, net rollovers into Slate Super for the period totaled ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
The government has released a new tool with the aim to streamline and coordinate regulation in the financial sector. Treasurer Jim Chalmers said the tool will help build a more competitive, dynamic and productive economy. "We want to make it simpler ...