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Showing 111 - 120 of 4308 results for "Super funds"

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
Generation X and Millennials are leading the charge in establishing self-managed super funds (SMSFs), according to new analysis from Class. The 2023 Annual Benchmark Report reveals that Generation X aged 42 to 56 (52.7%) and Millennials aged 27 to 41 ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
The top 300 pension funds in the world, including 16 local super funds, have seen their assets drop for the first time since 2018. According to the Global Top 300 Pensions Funds report, conducted by Willis Towers Watson (WTW) and the Thinking Ahead ...

AIST, ISA detail advocacy body to come of merger

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... will be jointly driven by their shared member base. The board will comprise 11 representatives from profit-to-member super funds, as well as an employer and employee representative, who will be non-voting members. Building on both legacies, AIST and ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... Default, it's not the end of the journey, it's the beginning," she said. In July, ASIC and APRA lambasted laggard super funds for not taking their Retirement Income Covenant obligations seriously. The joint examination of 15 trustees by the regulators ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... for access to its global strategies. Natixis has built a distribution platform that can partner with not just the super funds but also the rapidly growing advice businesses and the consultants who support them. Watson is also responding to the growth ...

Causeway PM, H&G form joint venture

CASSANDRA BALDINI  |  MONDAY, 11 SEP 2023
... growth to servicing a small, select group of private, wholesale, and institutional investors. These investors include, super funds, foundations, family offices, wealth managers, platforms and high-net-worths. Causeway confirmed it's currently seeking ...

Funds SA selects new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... our clients." Funds SA oversees about $40 billion in funds under management on behalf of the state's public sector super funds and other public authorities.

Financial advice firms profits jumps: Research

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... the Quality of Advice Review (QAR) on financial advisers and their businesses, overwhelming the concern was around super funds providing advice. Of those surveyed, a whopping 53% saw the change as a negative, while only 15% felt it was a positive. A ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... the FAR's first iteration, was recommended by Commissioner Kenneth Hayne in a bid to regulate senior leaders of super funds, banks, insurers, and other APRA-regulated entities at the culmination of the Banking Royal Commission. BEAR was first proposed ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... heights of US$40 billion. Aware Super is currently invested in Canva via Blackbird Ventures. APRA did not mention which super funds are invested in Canva but said that it observed "better practices" by trustees and their appointed fund managers that ...