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Showing 1581 - 1590 of 22869 results for "Super"

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... however, is 40% lower compared to the end of 2023, which was $15.4 billion. Platinum lost a mandate with Perpetual's Super Plan on December 16, when the Platinum International Investment option was closed to new members. The option will terminate ...

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
Insignia Financial has denied that it has received a takeover offer from global investment giant Brookfield Asset Management, in response to media speculation. Making an announcement on the ASX, Insignia noted the speculation that Brookfield was actively ...

MetLife snaps up three investment teams from Mesirow

ANDREW MCKEAN  |  THURSDAY, 9 JAN 2025
MetLife Investment Management will acquire three investment teams and assets managed by Mesirow, shortly after it announced its acquisition of PineBridge Investments. MetLife Investment Management will take on Mesirow's high yield and bank loan strategic ...

Bull market buoys super funds' 2024 returns

MATTHEW WAI  |  WEDNESDAY, 8 JAN 2025
Superannuation funds turned in double-digit returns for the 2024 calendar year thanks to the bull market, according to the Association of Superannuation Funds of Australia (ASFA), with some achieving nearly 12% for their balanced options. Rest's ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
... the new trustee. Equity Trustees Superannuation will takeover trustee duties on 1 March 2025 from Perpetual for the Select Super Plan and Select Pension Plan. This is still subject to the parties finalising legal agreements. Perpetual said its decision ...

AustralianSuper wins fund of the year

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
... Year award for its leadership, growing investment activity, and significant expansion overseas. Global SWF noted that the super fund has grown from managing $21 billion for 1.2 million members since its inception in 2006 to $355 billion for 3.4 million ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
Sanlam Private Wealth, the Australian arm of the South African Sanlam Group, has admitted to breaching licensee obligations by "failing to adequately supervise" its authorised representatives and corporate authorised representatives (CARs), following ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
Superhero Super's assets are about to double, as it prepares to merge with MYOB's Slate Super and Simple Choice Super. Members have now been informed that Slate Super and Simple Choice Super - both sub-plans of the Grosvenor Pirie Master Superannuation ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... welcomed the announcement saying the superannuation sector was pleased to see the RIG being delivered before year-end. "Super is a fast-changing and highly regulated sector. Ensuring regulatory changes are well coordinated and sequenced helps keep implementation ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... were the top stories for 2024: Highest paid industry executives revealed (February 9) Australia's highest paid industry super executives were revealed by analysis obtained by Financial Standard. AustralianSuper chief investment officer Mark Delaney was ...