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Showing 1191 - 1200 of 11084 results for "Members"

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... stop working. They would be mandated to offer one or multiple solutions, including default investment options, to their members. "This will improve outcomes for savers and is likely to lead to more funds being invested for longer, giving the potential ...

REI Super returns 9.34% in FY24

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUL 2024
... investment option. REI Super chief executive Jarrod Coysh described the fund's performance for the year as a great outcome for members. Some 86% of the fund's members are invested in the Balanced (MySuper) investment option which achieved the 9.34% net ...

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... backdrop, rising interest rates and ongoing cost of living pressures in Australia, it was a positive year for Equip Super members. "In the face of concerns over a potential US recession and rising interest rates earlier in the year, the majority of our ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... and equivalency rights, the merger would see Qantas Super's $9 billion in funds under management (FUM) and 26,000 members transfer to ART. Qantas Super explained that a trustee's role is not only to assess current performance but also anticipate ...

Data concerns land Fiducian with additional licence conditions

JAMIE WILLIAMSON  |  TUESDAY, 16 JUL 2024
... Service master trust, Fiducian Portfolio Services oversees $2.57 billion in funds under management on behalf of nearly 9000 members. This comprises the Fiducian Balanced Fund, Fiducian Capital Stable Fund, Fiducian Growth Fund, and Fiducian Ultra Growth ...

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
... merger this year, has replaced its custodian, NAB Asset Servicing. The $30 billion industry fund, which has over 350,000 members, will now receive global custody and fund administration services from its new custodian, J.P. Morgan. J.P. Morgan, which ...

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
... and given demand for the Fixed Interest Fund, recent performance, and future performance forecasts, it felt it was in members best interests to wind up the offering. "To ensure that investors received a fair and equitable distribution of proceeds, the ...

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024
... throughout the globe," he said. He added that such investments are expected to drive attractive, long-term returns for members, both financially and socially. "We recognise that there are financial risks and opportunities associated with climate change ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... from Rainmaker Information shows. The latest Rainmaker Benchmarking report finds that cost savings for group insurance members ranged from $92 for a 40-year-old to up to $450 for a 60-year-old. Insurance premiums for standard death and TPD cover rose ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... ethically conscious growth options returned 10.6% and 12.23%, respectively. The new entrant super fund, which has 12,850 members and $1.1 billion in funds under management (FUM), also reported that its balanced and conservative options returned 8.11% ...