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Showing 101 - 110 of 1838 results for %22Class Super%22

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... unnecessary financial risk. Managed investment schemes are typically structured as unit trusts that either focus on a single asset class or are multi-asset schemes. They do not include listed investment companies, debentures or shares issued by a body ...

BTR may create generation of tenants: Podcast

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... long-term renting. "The key element for Australians is the economic wealth that gets generated out of property," he said. "Are super funds now just creating a generation of tenants and not enabling property in retirement? "The BTR model has got a lot ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
... unlisted property valuations, particularly in the office sub-sector." In addition to AMP's performance, several other super funds have reported their FY23 results. Brighter Super registered a return of 10.62% for its MySuper investment option. Aware ...

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
Colonial First State will pay $100 million to settle a class action over fees that were illegally charged to members to pay commissions to financial advisers. The action related to members of CFS FirstChoice and conduct carried out between July 2013 ...

Brighter Super sees double-digit returns

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... it will give us the same opportunity there for us to review the investments that we have and make sure they are best in class for all of our members," Rider said.

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
... they're starting out - it's unfair and the law needs to be modernised." "Locking thousands of teen workers out of our world class retirement savings system is not giving them the super start to work they deserve. How can we explain that young workers ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... "Streamlining our business through these partnerships will drive efficient, client-led, sustainable growth while maintaining a world-class offering and delivering the best outcomes for Australian investors. "abrdn remains committed to the Australian ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... hundreds of institutions open to financial crime. The regulator plans to have assessed more than 300 banks, insurers and super trustees' compliance with CPS 234 Information Security by the end of the year. It has so far assessed 24% of entities, finding ...

Frontier calls for better unlisted asset valuations

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... placing more emphasis on correct valuation practices. APRA has criticised the valuation processes for unlisted assets in super funds, highlighting an overreliance on external parties and inadequate governance. Previously, the regulator found that very ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
The recent surge in equities should see MySuper products return an average of about 9% for FY23, according to Rainmaker Information - a finding supported by those funds that already released figures. Modelling by Rainmaker shows superannuation returns ...