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Showing 1471 - 1480 of 4815 results for "super funds"

Trust in advisers lifts as pandemic fear ensues

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... news, online, government information and radio were the main ways to access information on the impacts of COVID-19. Super funds made the top four of their most trusted sources. To collate this information, MLC Wealth conducted two sentiment surveys ...

Super funds raise scam concerns

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
Fraudsters have wasted no time in using the government's new early release of super initiative as an opportunity to swipe the retirement savings of unsuspecting Australians. Intrust Super has warned its members of the risk they will be targeted ...

Time for financials to step up: Study

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... skyrocketed with 67% of Australians believing ethical or responsible banks perform better in the long term and 62% for super funds. This is a very significant 33% rise since our 2017 research was conducted." Gen Z (73%) and millennials (71%) are leading ...

Super fund merger delayed

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
Two industry super funds have pushed back the date for their merger due to the COVID-19 global crisis. Tasplan and MTAA Super were initially scheduled to merge on 1 October 2020, but have now extended the timeline to finalise the deal until 31 March ...

COVID-19 shaves $290bn off super

KANIKA SOOD  |  WEDNESDAY, 25 MAR 2020
... coronavirus rescue package, even though it remains to be seen if the gains can be sustained. During the trough of the GFC super funds averaged -8% in 2008-09 and -13% in 2009-10. "Since then super funds have had a 10-year run of positive returns, six ...

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
Some of the nation's largest superannuation funds have revalued their unlisted assets to give members an up-to-date understanding of how COVID-19 is hitting their retirement savings. AustralianSuper has cut the value of its unlisted assets to the tune ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... execute a fund marriage than 12 months ago. Explaining how it anticipates the pandemic will impact Australia's super funds, the research firm said funds would be forced to cut costs as the asset-based fees or indirect costs charged to their investment ...

Early release to bite retirement hard

KANIKA SOOD  |  TUESDAY, 24 MAR 2020
... $63,000, respectively. "Some members will have lost their jobs or had their hours dramatically reduced and industry super funds will do all they can to help them," ISA chief executive Bernie Dean said. "But members should tread carefully and only think ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... superannuation release" proposal will only make matters worse. "Allowing that could make the economic situation even worse. If super funds were to provide cash to their members, they have to get that cash," he said. "If they sell the assets they hold ...

Industry fund boss exits

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... disappointing that government and the regulators don't understand the important contribution that industry-specific super funds make to their industries, beyond superannuation. "We're about to see that clearly, as funds like Media Super step-up ...