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Showing 1221 - 1230 of 7410 results for "Retirement"

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... voluntary liquidation. GigSuper launched in 2017 in the hope of helping those working in the gig economy save better for retirement. It partnered with the likes of Deliveroo, whose Australian operations collapsed in 2022. In late 2021, GigSuper went ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
Australian Retirement Trust (ART) returned 11.3% p.a. for its High Growth option for the 2024 financial year. ART head of investment strategy Andrew Fisher told Financial Standard that equities over the last two years have been "surprisingly resilient ...

FSC releases new standard on scam mitigation

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... criminals," FSC chief executive Blake Briggs said. "The superannuation industry is responsible for over $3.5 trillion in retirement savings for Australians and FSC members take their duty to protect their customers very seriously." Briggs said although ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... the sale of the Aspect South Industrial precinct in Sydney to the Mirvac Industrial Venture (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion. Last June, Mirvac and ART launched the ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... said licensees have a significant responsibility to manage and maintain the safety of the $2.69 trillion in Australian retirement savings that they oversee. "Ensuring the safety of this money is imperative to members and the Australian financial system. ...

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... Australian economy," First Super chief executive Bill Watson said. "Our size means we can continue to invest our members' retirement savings in Australia, rather than in offshore private equity". Stafford said it has worked closely with First Super for ...

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... at 4% of premiums. From July 1, Equip Super is reducing administration fees across accumulation, defined benefit and retirement products. For accumulation and defined benefit members, the asset-based fee will be reduced from 0.22% to 0.19% per annum. ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... shares. That's important because it is income-yielding assets that will support Australians in everyday living and in retirement." Keith said private credit, or non-bank loans, could offer investors a relatively attractive income stream and capital ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... re-balances an integrity measure to reflect the associated risks," she said. "The amendments remove a potential risk to the retirement savings of millions of Australians; and follow ASFA's advocacy based on extensive consultation with industry over ...

SSGA appoints new chief operating officer

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... Management. Hung joined State Street as chief executive back in 2022, replacing Cyrus Taraporevala who announced his retirement that same year.