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Showing 1401 - 1410 of 11096 results for "Members"

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... choice, this creates competitive tension in the market and likely results in longer term fee savings for funds and their members," Dunn said. "We believe the Australian superannuation market is at risk of not achieving this given the limited number of ...

MFS Investment Management appoints chief investment officer

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
... platform," Maloney said. "During her nearly 20 years with the firm, she has been involved in hiring and mentoring many members of the investment team and has collaborated with leadership across the department to help enhance our investment platform." ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... range of changes to its investment strategy and options. ART chief of retirement, Kathy Vincent, said the fund engaged its members, advisers and employers to co-design the new investment menu. "When we asked our members what they wanted most in a new ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... the Alcoa of Australia Retirement Plan, one year on from discussions kicking off. In December 2022, Alcoa Super informed members it was on the hunt for potential merger partners after an independent review by KPMG found it would struggle to satisfy members' ...

FAAA calls on ATO to provide clarity over advice fees

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... existing income, liabilities, financial assets and the new investments acquired in accordance with the advice." Abood said members of the FAAA, and the wider financial advice and accounting professions were hoping for more clarity on the issue. "The ...

HESTA names head of investment execution

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... Debby Blakey said: "Sophie's extensive experience in investment operations will undoubtedly bring value to HESTA's members." "Her appointment signals our commitment to further strengthening HESTA's investment capabilities and delivering the ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... benefit from less choice and less competition". "Hostplus don't want this to happen because they're afraid their members might choose another fund. They benefit from inertia and apathy so they want to maximise it," Thompson wrote on LinkedIn. ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
The Super Members Council (SMC) has slammed a proposal by Shadow Minister for Housing Michael Sukkar to allow Australians to access their superannuation to buy their first home. The Shadow Minister said the Coalition was determined to help younger Australians ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... outcomes through an enduring test that supports and incentivises trustees to achieve the best retirement outcomes for their members. The first option, maintaining the status quo, suggests refining the current test's methodology to improve its long-term ...

Retirement saving, investing daunting for women: Surveys

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... compared to men, new surveys reveal. Only 30% of women are happy with the amount in their super fund, a survey of 1000 super members led by the Australian Retirement Trust (ART) shows. A similar number of women members said they feel secure about their ...