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| | | The government's proposed tax on superannuation balances exceeding $3 million could adversely impact up to 50,000 self-managed super fund members (SMSF), including posing liquidity challenges. According to a recent report conducted by the International ... |
| | | | Future Super will soon transition to both a new administrator and custodian, with new contracts taking effect next month. The new mandates follow Future Super transitioning away from Diversa, appointing Equity Trustees as its trustee in July. "Future ... |
| | | | Justine Marquet will join Allianz Retire+ as its new head of technical services. Marquet brings over 20 years' experience in financial services, having worked in a variety of roles across product development, regulatory change, operations, and sales ... |
| | | | ... equities marked a slight decline, shifting from $4.7 billion to $4.6 billion. Notably, Magellan's FUM was $50.9 billion at the close of September in 2022, and $113 billion in the same month of 2021. According to its annual report, Magellan's chief focus ... |
| | | | Following an extensive national recruitment process, Margo Powell has been appointed as La Trobe University's chief advancement officer to drive fundraising. Joining from Queensland University of Technology, Powell brings over 20 years' experience in ... |
| | | | A lack of affordable housing for essential workers in capital cities is draining the nation of $64 billion, with Aware Super saying that's how much the scarcity is costing workers, employers and the community. Aware Super has reviewed the socioeconomic ... |
| | | | The National Farmer's Federation (NFF) has voiced strong opposition to the government's draft reforms on tax concessions for superannuation balances over $3 million, signalling potential ramifications for rural communities. The NFF said that ... |
| | | | UniSuper and a consortium of European pension funds have acquired a Tasmanian forestry estate from a New Forests managed fund. UniSuper, the UK's Pension Protection Fund (PPF), and APG Asset Management N.V (APG) on behalf of its Dutch pension fund client ... |
| | | | An unnamed institutional investor has injected an additional $530 million into a Qualitas strategy, bringing it closer to its total $1 billion commitment. Qualitas' Private Income Credit Fund (QPICF) now has $750 million in total. Qualitas said that ... |
| | | | ... group purchased the two new marinas from Marprop Real Estate Investors founder and managing director James Marshall. The close-ended fund offers exposure to Australia's largest marina networks across the eastern seaboard, MA Financial said. This includes ... |
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