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Showing 1731 - 1740 of 22782 results for "Funds"

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... benefit claims efficiently, saying it has seen "consistently weak" practices and "operational failures." ASIC has put super funds on notice, writing to chief executives to express its concerns over death benefit claims processing times across the industry. ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... government will be rolling out for Australia's superannuation system. Speaking at the annual Association of Superannuation Funds of Australia (ASFA) conference, Chalmers gave an address laying out the reforms, which focus on improving retirement ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... are likely to be published before the end of the year. Under Commonwealth law, directors on the boards of superannuation funds such as Cbus have an ongoing obligation to satisfy a 'fit and proper persons test' to evaluate whether they have appropriate ...

Fiducian names general manager, superannuation

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... Fiducian's superannuation business has been steadily growing in recent years. This year, it converted all its diversified funds to separately managed accounts to give investors greater flexibility and control. It also allowed the group to reduce its ...

Low-cost funds outperform in most asset classes: Morningstar

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
A new report from Morningstar demonstrates low-cost funds have typically outperformed their more expensive peers in the past, with the cheapest options always achieving a higher success ratio in most categories. Most prominently, in the multisector ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... accompanying market correction temporarily wiped out nearly $290 billion from Australia's superannuation sector. Many super funds lost between 10% and 14% as equity markets plunged. In response, some of the nation's biggest super funds revalued ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... CareSuper and the Meat Industry Employees' Superannuation Fund (MIESF) are exploring the viability of a merger. The two funds have entered a Heads of Agreement and commenced a due diligence process. It comes hot on the heels of CareSuper completing ...

Blockchain platform MezFi launches

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... mezzanine finance investments." MezFi charges investors an upfront establishment fee of 0.605% and on-going fee of 2.2% p.a. on funds under management. Investing in the fund entitles access to digital art. "Further separating MezFi from traditional investment ...

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... to Australian bonds. Active managers performed best over 10 years at 2% versus 1.9% as at the end of June 2024. "Active funds in the fixed-income domain have more than made up for their lag in performance prior to mid-2020. The numbers are quite favourable ...

Morningstar names director, manager research

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
... Morningstar's regional and wider global manager research teams, Eva will continue to support investors, advisers and superannuation funds in providing them with independent research and investment insights," Olsen said. "We are very excited to have Eva ...