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Showing 1771 - 1780 of 33578 results for "Over"

ASFA, EY release guidance on CPS 230

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
The Association of Superannuation Funds of Australia (ASFA) and EY have released guidance to help superannuation trustees navigate key aspects of APRA's new prudential standard, CPS 230. CPS 230 will come into effect on July 1, making super trustees ...

Rest lands new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... executive of Qantas Super, has been appointed to the role and is set to commence in August 2025. He led Qantas Super for over nine years, until it merged with Australian Retirement Trust. The decision to merge followed a board review of Qantas Super's ...

Future Fund bags a piece of Transgrid

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... infrastructure head Michael Hill said Australia, in which the fund is now in its second decade of investment having deployed over $4 billion, is a "core part of our investment strategy." "... essential community assets such as Transgrid remain an important ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications. Resimac ...

Nest drops $930m into new IFM Investors fund

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... owner, now sitting alongside the existing 15 industry super fund owners. Now, in its first move as an owner, Nest is handing over $930 million (€530m) to IFM Investors for an infrastructure debt fund that will invest in opportunities in the European ...

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... which were active. The median account balance was $152,000 and the median member age was 53; close to 60% of members are aged over 50. "TelstraSuper remains committed to helping members achieve the best retirement outcome possible and would like to thank ...

Managed funds should be 'prepared to take less'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... listed investment companies (LICs) and exchange-traded funds (ETFs) took aim at managed fund fee structures. During a "debate" over ETFs versus LICs, Australian Foundation Investment Company (AFIC) managing director Mark Freeman and VanEck deputy head ...

Stockbroking faces 'perception problem'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... guys for their potential and women for their administrative skills? These are things that I think we can see have happened over time," she said. "Rather than hiring your client's son, we could be recruiting with more inclusive language, having panels ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... 38.2% to 40%. Industry fund growth came at the expense of self-managed super funds (SMSFs), which shrank from 24.5% to 22.7%. Over the past five years, industry funds have "gained significant momentum," KPMG said, increasing their market share by 10.4% ...

UniSuper lifts fund manager investment to $100m

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... early-stage research startups, supporting the commercialisation of technologies developed by local research institutions. Over time, its partnerships have grown to include seven additional universities, along with the Commonwealth Scientific and Industrial ...