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Showing 1131 - 1140 of 6290 results for "Superannuation Fund"

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
The Anthony Albanese-led Labor government has been congratulated on its election victory by the Insurance Council of Australia (ICA) and Association of Superannuation Funds of Australia. On the morning Albanese was sworn in as the 31 st prime minister ...

Chalmers sworn in as treasurer

JAMIE WILLIAMSON  |  MONDAY, 23 MAY 2022
Australia's new treasurer has been sworn in this morning following Labor's victory in the federal election. The weekend's result also sees the departure of Jane Hume as minister for financial services, superannuation, and the digital economy. Treasury ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... proposal, a share of the member's first principal place of residence could be considered as an asset of their superannuation fund, like any other investment." "From the super fund's perspective, the asset would be illiquid, and no income is generated ...

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
The super industry has welcomed the Prime Minister's re-election promise that a Coalition government will lift the Superannuation Guarantee to 12% as legislated. The Prime Minister has said he "stands by" the currently legislated 12% increase and ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
The Morrison government's re-election Hail Mary policy to allow early superannuation withdrawals to be used for house deposits has been widely condemned. A joint media release between Scott Morrison, Michael Sukkar and Jane Hume boldly proclaimed that ...

Future Super strengthens investments team

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
The ethical superannuation fund has appointed a chief investment officer, while also hiring an executive director of investments from MLC Asset Management. Ed Tomlinson has been appointed chief investment officer at Future Super, following its acquisition ...

IFM takes majority stake in Render Networks

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
IFM Investors' private equity growth fund has spent $40 million to acquire a majority stake in construction management platform Render Networks. The growth funds investment in Render Networks keeps with its strategy to accelerate the growth of mid-market ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... submission was limited to matters that regarded its own member funds. The organisation praised the profit-to-member superannuation fund model for its governance system. AIST said: "This model of governance removes any conflict between the fiduciary duty ...

Apex completes MMC, IFAA acquisition

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
Apex has finalised its acquisition of New Zealand's MMC Group, including local subsidiary IFAA Group, marking its entry into New Zealand. MMC provides administration services to investment managers and IFAA does the same for Australian superannuation ...

Warakirri adds winery to fund

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
Warakirri Asset Management has announced settlement of Chromy Estate, the home of Josef Chromy Wines in Tasmania, which it has added to its Diversified Agriculture Fund. The state-of-the-art winery, 61-hectare vineyard, restaurant, and cellar door assets ...