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Showing 111 - 120 of 2025 results for "Industry Super"

AIST, ISA detail advocacy body to come of merger

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... October, to create a cohesive voice for the sector. The Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) have confirmed the new body will be jointly driven by their shared member base. The board will comprise ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... member accounts. The 20 products that failed house $1.7 billion on behalf of 36,000 members. Here, there were two industry super fund options that failed - Australian Meat Industry Superannuation Trust's High Growth Super Option and Australian Retirement ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
Rest is closing its bonds and shares investment options to new members as of September 30. The $75 billion industry super fund said any request by existing members to switch funds into the bonds or shares options must be received by September 27. However ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... primarily used up as income for retirement and supporting the sustainability of the federal budget." Meanwhile, Industry Super Australia (ISA) commissioned analysis by Rice Warner, which revealed that replacing superannuation with an enhanced pension ...

ISA, AIST announce merger to form new organisation

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST) are merging, announcing a new unified organisation to represent profit-to-member superannuation funds. In a joint statement, ISA and AIST said the merged entity ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Twelve industry super funds have called on the federal government to urgently reform a superannuation tax offset to prevent low-income workers from being penalised. The group of funds, which include Aware Super, Cbus, HESTA, and AustralianSuper, together ...

ISPT to use SS&C performance measurement tool

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
Industry Super Property Trust (ISPT) has implemented global software provider SS&C Sylvan (SS&C) for performance measurement and attribution. SS&C will now automate ISPT's data ingestion while simultaneously calculating capital and income returns ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
An industry super fund has announced a reduction in weekly insurance premiums for death, terminal illness, TPD, and income protection cover. First Super reduced the weekly cost of its default insurance cover, prompted by fewer than expected claims in ...

Industry fund chief named Fund Executive of the Year

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
The chief executive of Australia's second largest industry superannuation fund has taken out the FEAL Fund Executive of the Year award. Australian Retirement Trust (ART) chief executive Bernard Reilly has received the accolade, recognised for his role ...

NGS Super expands leadership

ELIZABETH FRY  |  FRIDAY, 21 JUL 2023
... NGS Super brand is predicting a 20%-plus jump in membership within four years - no easy task for the $13 billion industry super fund that covers workers in the independent education and community sectors. According to Alex Dunnin, executive director ...