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Showing 1451 - 1460 of 18098 results for "Superannuation"

Aware Super completes first UK deal

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
Aware Super has completed its first infrastructure engagement in the UK, investing in London-based euNetworks. euNetworks builds and invests in city and long-haul fibre networks to connect European data hubs and centres. It operates across 18 cities ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks, insurers and superannuation trustees over the next four years". APRA's top priorities will include working with ASIC to ensure superannuation trustees ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
... Administration Conference in the 1990s. For several years he served as chair of IE Group, a provider of IT solutions to superannuation funds, which was acquired by La Trobe Financial in 2011. Bright would go on to join the La Trobe board and, while there ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which led and managed the deal. Pluralsight's ...

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
NGS Super will adjust its insurance costs, resulting in lower premiums for more than 97% of its members, from October 1. The super fund noted, however, that a "small group of members" will experience an increase in costs. On average, its members will ...

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... while ISPT has $20.3 billion. IFM was created in the 1980s following a trade union campaign pushing for compulsory superannuation and industry super funds wanting to establish an institutional investment manager. Garry Weaven was inaugural chair of IFM ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... HESTA study reveals. These actions include salary sacrificing and using online calculators to keep track of their superannuation. The study surveyed 1000 Australians on what the crisis had caused them to do over the past 12 months. It stated that 41% ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
BUSSQ will challenge what it calls "unnecessary and potentially impractical" licence conditions imposed by APRA, which were sparked by allegations of serious misconduct within the CFMEU and concerns about its potential impact on the super fund. The ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... an unregistered managed investment scheme. Many of the investors contributed to ADSIF through their self-managed superannuation funds. He advised his clients that it was a diversified fund, investing in cash, property equities, aquaculture, and agriculture ...