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Showing 1601 - 1610 of 6290 results for "Superannuation Fund"

Vanguard fund hits US$1trn

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... an ETF. It is priced at 14bps a year in expense ratio. To put things into perspective, Australia's largest superannuation fund AustralianSuper which invests in many asset classes outside of equities, only just hit $200 billion and is estimated to not ...

Industry fund sees 252% increase in digital advice use

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
An industry superannuation fund has seen interactions with its online financial advice tool more than double year-on-year. Rest Online Advice interactions increased by 252% in the 2019/2020 financial year compared to the previous year. In total Rest ...

Cbus, Media Super merger progresses

JAMIE WILLIAMSON  |  TUESDAY, 15 DEC 2020
The two industry superannuation funds will move on to the next phase of merger preparations, as the smaller of the two confirms the closure of numerous investment options. Cbus and Media Super have announced they are commencing work on a merger plan ...

Retail fund ups premiums

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
A retail superannuation fund will increase premiums on income protection policies from 2021. Living Super, ING's super offering, will up income protection premiums by 23% from 8 January 2021. "Our focus is to provide a great value product with competitive ...

Rest develops ethical option

JAMIE WILLIAMSON  |  MONDAY, 14 DEC 2020
The $55 billion industry superannuation fund is surveying its members as it looks to launch an ethical investment option, following its recent legal stoush with a member over climate change. In the wake of its settlement with member Mark McVeigh, Rest ...

Industry fund names chief executive

JAMIE WILLIAMSON  |  MONDAY, 14 DEC 2020
The Meat Industry Employees' Superannuation Fund has appointed a former Link Group general manager and industry fund chief executive to its top job. MIESF has named Katherine Kaspar as its incoming chief executive, following the announcement that Bill ...

How far are we from a trillion-dollar super fund?

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
AustralianSuper's total assets ticked up to $200 billion, after a record-new 400,000 signups in FY20 and strong performance. As at November-end, it had over 2.3 million members from around 330,000 businesses, implying about 10% of Australia's ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
Self-managed superannuation funds have not been spared by the market impact of COVID-19, with members dumping their allocation to listed shares over the past year, new data shows. The Australian Taxation Office quarterly statistical report for September ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
... in February this year. In February, CPSU-nominated Neville Kitchin resigned from UniSuper's board. The superannuation fund then added a replacement director from National Tertiary Education Union (NTEU). UniSuper members currently come from about ...

Super satisfaction bounces back

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Member satisfaction with superannuation funds has increased across all sectors for the first time since the pandemic, new research shows. Roy Morgan's latest Superannuation Satisfaction Report reveals overall superannuation satisfaction increased 0.6% ...