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Showing 1561 - 1570 of 18104 results for "Superannuation"

Fiji National Provident Fund hunts active fund managers

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... The Fiji National Provident Fund (FNPF) is seeking active fund managers to oversee two strategies. The country's superannuation fund is on the hunt for fund managers to invest on behalf of its Global Listed Developed Market Equity Strategy 1 and Global ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... Protect insures against death, trauma, disability, illness, or injury, while MetLife Protect Super is a risk-only superannuation product. MetLife Protect Super is issued by Equity Trustees via the Smart Future Trust. Changes that affect both products ...

Invartis enters Australian market

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
Strategic consulting firm Invartis is expanding into Australia with plans to provide services to support superannuation funds and wealth managers. The new office will be set up in Melbourne and Nigel Jansz has been named as country head - Invartis Australia ...

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... Cbus. Then came JP Morgan which won a $2.31 billion international fixed interest mandate from HESTA. Meanwhile, the superannuation fund with the most mandates is HOSTPLUS, with 314 total mandates, with an average size of $343 million. State Super ranks ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
Spaceship's superannuation offerings have delivered some of the best results seen so far, with its flagship product returning almost 20% while the other achieved close to 17%. The GrowthX investment option, first launched in January 2017, returned 19.41% ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... enforcement activity, while supervision and surveillance have been allocated $6.5 million. Investment managers, superannuation funds, and related services will have to fork out $65.65 million, while market infrastructure and intermediaries will pay $64.1 ...

Rest increases private credit investment

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
Rest is strengthening its position in Australian private credit by increasing its investment in Metrics Credit Partners' Real Estate Debt Fund (REDF). Rest said the move further diversifies its private markets and whole of fund exposures. Rest chief ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2024
Future Group's flagship super offering has returned 10.1%, while Verve Super achieved 9.9% last financial year. The results are for the Future Super Balanced Index option and Verve Super's standalone strategy. Future Group said the results are proof ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
The MLC MySuper growth portfolio has generated a 9.8% investment return for the financial year. The three and five-year returns for that option were 5.4% and 6.7% per annum, respectively. MLC Asset Management head of diversified portfolios Steve Gamerov ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... products. Before passing the bill, lawmakers amended it for highly contentious sections 99FA(1)(a) and (b) of the Superannuation Industry Act, which relates to how super funds charge for financial product advice to members. "Division 1 of this Part repeals ...