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Showing 1641 - 1650 of 4851 results for "Super funds"

Industry funds confirm merger

HARRISON WORLEY  |  MONDAY, 23 SEP 2019
... will merge later this year. Hostplus and Club Super are set to merge in just over a month, after the two industry super funds signed a Successor Fund Transfer Deed (SFT), marking a significant milestone in the union originally proposed in the beginning ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
Rainmaker research has shown the difference between the best and worst performing super funds can equate to a difference of up to $880,000 in balances for retirees. The research shows the worst performing funds are paying 5.3% return, a big difference ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... to utilise a range of information to establish if a member is in a risky job." ISA recommended the government allow super funds to obtain occupation data from the ATO, and make use of contributing employers' business type. Welcoming the legislation ...

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... recent years," he said. While the APRA chair noted the approach was not necessarily new - pointing out the number of super funds reduced from 278 to 114 as standards increased over the last decade - the difference now came down to the level of pressure ...

IFM Investors boss to retire

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... millions more workers through their pension funds." "Brett has been a champion of the member-first ethos of industry super funds, and firmly aligned IFM Investors with the interests of its superannuation and pension fund investors. "IFM now has 90% of ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... share-trading and superannuation accounts. According to reports, AustralianSuper, Rest, Hostplus and HESTA have been named as super funds that were targeted by the syndicate, along with LUCRF Super and Club Plus. The brokers involved have been reported ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... savers, Rainmaker executive director of research and compliance Alex Dunnin said. "Young people get a bad deal from many super funds," Dunnin said. "It's high time this was fixed." Government MP Tim Wilson defended the Bill, and said the "cosy relationship ...

Industry super satisfaction continues

HARRISON WORLEY  |  MONDAY, 16 SEP 2019
... Commission fallout. Latest Roy Morgan research shows the 12 months to July served to stretch the domination of industry super funds, with more than 62.8% of industry fund members reporting satisfaction with their fund's financial performance, up 1.1% ...

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
... a Risk Management Association Australia event yesterday, Hughes said ASIC's role in regulating the conduct of super funds was one of the most significant changes for ASIC to be recommended by the Royal Commission. While ASIC awaits legislative reform ...

Super funds recognised in UNPRI awards

KRISTI CHENG  |  WEDNESDAY, 11 SEP 2019
A number of Australian superannuation funds have been recognised for their responsible investing efforts by the UNPRI. The inaugural PRI Awards have been presented, highlighting individually excellent projects across the United Nations-backed Principles ...