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Showing 1281 - 1290 of 18107 results for "superannuation"

Hostplus ups fees, makes $125m investment

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
Hostplus has made changes to its investment fees and costs for FY23/24, increasing them between 0.06% to 0.16%. Members invested in the Conservative Balanced option and the Capital Stable option saw fees rise 10bps from 0.69% and 0.59%, respectively ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... The latest statistics from the Australian Taxation Office (ATO) show the total assets held within self-managed superannuation funds (SMSFs) hit $1.02 trillion at September end. The total SMSF members grew to 1,173,867 in over 630,000 SMSFs, with over ...

Inconsistencies abound in Future Fund mandate change: Deloitte

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... words, if it changes nothing - then why was it published?" Deloitte questioned. The consultant said the size of the superannuation system and global capital markets broadly coupled with a demonstrated track record of success show there is already sufficient ...

Insignia completes MLC, NAB separation

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... large-scale transformation projects," he said. "It also marks the second successful execution of a major exit of a superannuation business from a bank, the first being Insignia Financial's separation of the Pensions and Investments business from ANZ ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
The SMSF Association (SMSFA) has welcomed reports the government's $3 million superannuation tax, which was expected to come into effect 1 July 2025, could be shelved until after the next federal election. SMSFA chief executive Peter Burgess said the ...

Bravura flags growth plans with leadership appointments

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
... Bravura Solutions has named two senior appointments to deliver growth opportunities across the global pensions, superannuation, wealth, and transfer agency markets. Aaron Knowles has been appointed the global head of product management and marketing. ...

Adviser suspended over wrongful use of ROAs

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
... changed significantly in the relevant period. All three clients had the same investment risk profile and the same superannuation platform and investments, which all three were advised to retain. The FSCP was satisfied that s961B and s961G obligations ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
A $34 billion superannuation fund has topped up its mandate with Payden & Rygel to manage a total of $700 million in assets. Payden & Rygel did not disclose which super fund awarded the mandate but said the money was invested in the Payden Multi Asset ...

Super funds set renewables targets

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
The Association of Superannuation Funds of Australia (ASFA) has welcomed the decision at a recent Treasury investor roundtable to progress work towards encouraging greater investment in Australia's renewables transition. The roundtable was for the Net ...

Swan tells Bragg he won't front parliament

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
Cbus chair Wayne Swan has declined an invitation to front the Senate Economics Committee over issues with the fund's recent board appointments and claims handling delays. In a letter to committee chair Senator Andrew Bragg, Swan thanked Bragg for the ...