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Showing 1741 - 1750 of 6290 results for "Superannuation Fund"

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
The superannuation industry and its investments in unlisted assets will be significant in supporting the growth of the Australian economy, according to the Association of Superannuation Funds of Australia (ASFA). ASFA's new report, The role of the superannuation ...

EQT swells revenue by 3.2%

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
EQT's mandate wins in last financial year swelled its total revenue by 3.2% to $95.4 million, while net profit before tax was down 3.3% to $31.3 million. Equity Trustees' total funds under management, administration, advice and supervision crossed ...

CareSuper awards custody mandate

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... NAB Asset Servicing has lost its custody mandate for CareSuper after more than 20 years with the industry superannuation fund. CareSuper has appointed J.P. Morgan as custodian of the $16 billion fund, having proven itself to be "the most suitable custodian ...

ACSRF, NGS Super explore merger

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... memorandum of understanding and will begin due diligence to explore a merger that could create a $21.5 billion superannuation fund. The $9.5 billion Australian Catholic Superannuation and Retirement Fund and the $12 billion NGS Super have had on and ...

Future Super ramps up direct equities

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Ethical superannuation fund Future Super has increased its exposure to direct equities while staying true to its investment strategy. The fund has traditionally had almost all of its Australian equities exposure through the BetaShares Australian Sustainability ...

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... advice more accessible for members and centralising data reporting. It will also address issues related to superannuation fund mergers, make it easier for members to make a contribution and to claim a tax deduction and ensure greater stability in policy ...

Future Super hires governance lead

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
Fossil fuel-free superannuation fund Future Super has appointed a head of governance and regulatory affairs who has had a long career at the prudential regulator. Fahmi Hosain has taken on the role, after almost 17 years at APRA. He served as the head ...

AFP charges early release scammers

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
... (ERS) claims. Police will allege the group submitted several fraudulent applications, claiming to be other superannuation fund account-holders, to attempt to access early release of superannuation payments totalling $113,500. As part of the investigation ...

MySuper returns negative

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... and cash delivered 0.7%. The best performing MySuper product last year was the Fire and Emergency Services Superannuation Fund which delivered 2.5%. Australian Ethical's and BUSSQ's MySuper options weren't far behind on 2.2% each. Future Super's balanced ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
AMP, Colonial First State, Equity Trustees, IOOF, Intrust, Netwealth and Suncorp have been caught out by the corporate watchdog for wrongfully assigning 'smoker' statuses to new members, with only four of the aforementioned businesses set to ...