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Showing 1211 - 1220 of 21890 results for "Fund."

Industry funds feast, retail funds snack, corporate funds freefall

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
APRA's quarterly superannuation statistics have lifted the lid on the ongoing battle for Australia's retirement assets; industry funds charged forward, retail funds made gains without breaking into a sprint, while corporate funds retreated further. ...

Large penalties against super funds are appropriate: ASIC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
ASIC commissioner Simone Constant told Financial Standard that many super fund trustees have taken accountability for not meeting their requirements to members, know they need to improve and accept the penalties that are brought against them. However ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
QSuper, which merged with Sunsuper to create Australian Retirement Trust (ART), Australia's second-largest super fund, has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums. The settlement ...

ASIC tells super: 'You have everything you need to not fail'

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
ASIC commissioner Simone Constant has told Financial Standard the regulator has super funds in its sights for more than just claims handling delays. "The main focus is on member services more generally, this is a multi-year phased project" Constant ...

SS&C extends super fund partnership

MATTHEW WAI  |  WEDNESDAY, 28 MAY 2025
Fire and Emergency Services Superannuation Fund (FES Super) has renewed its partnership with SS&C Technologies for administration services, as the software solutions provider aims to expand its involvement across the Australian super sector. FES Super ...

La Trobe debuts first ASX-listed investment product

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
... thoughtful ways for them to grow their wealth. Today is another step on that journey," Andrews said. The La Trobe Private Credit Fund (ASX: LF1) is a diversified private credit strategy benchmarked to the Reserve Bank of Australia Official Cash Rate ...

CFS awards global equities mandate

KARREN VERGARA  |  TUESDAY, 27 MAY 2025
... global equities strategy available on FirstChoice, debuting on May 24. The option - Ironbark Brown Advisory Global Share Fund - is brought to investors in collaboration with Ironbark Asset Management, marking the Baltimore-headquartered fund manager's ...

BUSSQ lowers administration fees

ELIZA BAVIN  |  TUESDAY, 27 MAY 2025
BUSSQ MySuper and Premium Choice account holders will see lower administration fees, however their insurance costs will rise from July 1. The $7 billion super fund will no longer charge members a weekly administration fee of $1.75 ($91 per year) and ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... AMP Flexible Lifetime (Super and Retirement) AMP Flexible Super - Super AMP Flexible Super - Retirement Eligible Rollover Fund (ERF) Simple Super Simple Super Rollover Plan Super Directions for Business Super Directions for Business Rollover Section ...

Franklin Templeton, Pendal funds shutter

KARREN VERGARA  |  MONDAY, 26 MAY 2025
Franklin Templeton has shuttered two of its funds this month, while Pendal will terminate one of its funds in August. Responsible entity Franklin Templeton Australia Limited (FTAL) has closed both the ClearBridge RARE Emerging Markets Fund and Martin ...