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Showing 1391 - 1400 of 6290 results for "Superannuation Fund"

Cbus expecting 19% returns for year

KANIKA SOOD  |  THURSDAY, 1 JUL 2021
The industry fund is expecting to cap off the financial year with 19% returns, on the back of strong markets and a 1.5% to 2% alpha contribution. Cbus chief investment officer Kristian Fok yesterday said the 19% expected return was a "remarkable turnaround" ...

Super funds back space travel

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
Several industry superannuation funds are helping fuel the mission of a spacecraft technology start-up that is due to orbit into space in 2022. HESTA, Hostplus and NGS Super are part of a consortium backing Queensland-based Gilmour Space Technologies. ...

Hostplus announces board shakeup

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
Three board members of the industry superannuation fund have been replaced after one director faced mounting pressure to step down due to his links to the coal industry. Independent director Peter Collins, employer directors Mark Robertson and Mark ...

Qantas Super introduces passive option, drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
The $9 billion corporate superannuation fund is launching a passive investment option to members tomorrow, while also reducing administration fees and the amount it contributes to its defined benefit pool. From tomorrow, Qantas Super members will be ...

ASIC disqualifies SMSF auditor

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
The corporate regulator has disqualified a self-managed superannuation fund (SMSF) auditor for breaching independence and auditing standards. ASIC found that Gordon Victor Shrubsole from Miranda, New South Wales lacked independence during the process ...

GBST improves compliance checks

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
... the ID verification of a user prior to utilising SuperMatch, an ATO service that obtains details for active superannuation fund accounts. In the new process, the user's name, address, and date of birth must be verified against two reliable documents ...

Industry funds flag $77bn merger

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
Two industry superannuation funds announced they are exploring a potential merger to create a $77 billion fund with 1.4 million members. Hostplus and Statewide Super said formal discussions are in the works and that they intend to shortly sign an exclusive ...

Super tax concessions to outstrip Age Pension by 2040: Report

KANIKA SOOD  |  MONDAY, 28 JUN 2021
By 2040, the government will be spending more on superannuation tax concessions than on the Age Pension, according to the fifth Intergenerational Report released today. The government currently spends about 2% of the GDP on superannuation tax concessions. ...

Charter Hall exec to chair NHFIC board

KANIKA SOOD  |  MONDAY, 28 JUN 2021
The National Housing Finance and Investment Corporation has appointed Charter Hall's Adrian Harrington as its chair, and two other members in a board renewal. The government agency, which lets private companies lend to social and affordable housing ...

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... With the SFT set to finalise on June 30 and all Catholic Super members to transfer from the MyLifeMyMoney Superannuation Fund to Equip, their fees will decrease. According to Rainmaker data, Catholic Super's default lifecycle strategy investment ...