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Showing 151 - 160 of 16430 results for "superannuation"

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
The Association of Superannuation Funds of Australia (ASFA) has reported a sharp decline in group insurance coverage, pointing the finger at recent reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting ...

GBST upgrades WealthConnect platform

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
GBST has enhanced its WealthConnect platform, introducing the capability to model interactive superannuation, pension, and self-managed super fund (SMSF) strategies. In May 2023, GBST acquired WealthConnect from Creativemass, a financial software provider ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... Speaking with Financial Standard, Vanguard Australia managing director Daniel Shrimski confirmed the indexer's superannuation arm has crossed into the billions, hitting the milestone in recent weeks. It comes about 14 months on from the fund's ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... approve the $16 million to settle the class action against E&P Financial Group as some victims of Dixon Advisory and Superannuation Services (DASS) are running out of time to make a claim. On 3 April 2024, the federal court will decide if the conditional ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
Australians' nest egg jumped 10% to $3.7 trillion in the year to 2023 thanks to strong contributions and share market performance. The latest statistics from the prudential regulator show that APRA-regulated assets dominate the pool, growing 12% to ...

TelstraSuper sweetens parental leave policy

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
The superannuation fund is working to close the gender super gap among its employees, now paying the full-time Superannuation Guarantee to staff who return from parental leave on a part-time basis. As it stands, TelstraSuper offers 16 weeks' paid parental ...

Rest awards impact mandate

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
Rest is $150 million closer to reaching its impact investment target after allocating to a listed equity fund. Rest has invested in an international listed equities strategy run by Ninety-One, which "aims to achieve long-term total returns by investing ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... median pay of women and men across organisations, industries, and the workforce as a whole." Looking at the top five superannuation funds in Australia by membership, AustralianSuper has the lowest median gender pay gaps: 7.1% for base salaries and 8% ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
Superannuation funds have been heavily reliant on equities for the last decade compared to their global peers, a new study reveals. The latest study by Willis Towers Watson's Thinking Ahead Institute finds that Australia's superannuation funds continue ...

MLC Life Insurance hires from Cbus

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... technology needed for the life insurance group to offer a positive experience for its advisers and customers, as well as superannuation funds, trustees, and their members. MLC Life Insurance chief executive Kent Griffin said he is pleased to have someone ...