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Showing 1831 - 1840 of 6290 results for "Superannuation Fund"

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19. The IAG & NRMA Superannuation Plan in February 2019 announced plans ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
Rice Warner founder Michael Rice has warned the superannuation industry to prepare for the government using the system as a means of repaying its stimulus debt, saying super won't be as sacred as it has been in the past. Rice has warned the superannuation ...

Balanced funds fundamentally flawed

ALLY SELBY  |  MONDAY, 25 MAY 2020
A Melbourne-based investment manager has blasted balanced options in superannuation funds, arguing that despite their "diversification" they fail to perform in market downturns. Many traditionally balanced funds hold anywhere between 60% to 80% exposure ...

IFM Investors ready to ramp up corporate lending

KANIKA SOOD  |  FRIDAY, 22 MAY 2020
The industry-super-owned fund manager's credit team has about $500 million to deploy in the year ahead, eyeing opportunities in lending to mid-sized companies that will be forced to refinance after the COVID-19 crisis. IFM's credit team manages about ...

Switching prompts fund to alter allocations

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... to COVID-19, market volatility and a high number of members switching options. The $8.5 billion corporate superannuation fund said that the changes would improve its ability to meet return objectives. "Since the start of the COVID-19 health crisis, we ...

Rest pays out $1bn, calls for policy certainty

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... warning uncertainty constrains funds' ability to invest for the long-term. As of this morning, the $53 billion superannuation fund has paid out $1.08 billion to 153,694 members as part of the early release of super scheme. In light of this, Rest chief ...

Super fund awards global equities mandate

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
A $43 billion superannuation fund has awarded a concentrated global equities mandate to Neuberger Berman. State Super has handed Neuberger Berman an undisclosed sum, following a tender process to identify managers that could play a differentiated role ...

SISFA relaunches membership to SMSF trustees

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
Self-managed Independent Superannuation Funds Association (SISFA) has redesigned and is relaunching its membership offering for SMSF trustees. SISFA said through existing communication channels and those of new associated partners and sponsors, up to ...

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... down, fulfilling just 51.5% of requests within five business days and 45.6% within 10 days. Similarly, ING Superannuation Fund met 58.8% of requests within five days, while 39.2% took longer. The 10 funds with the highest number of applications received ...

Performance analyst jobs hold steady in COVID-19

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
Performance analysts and more broadly, investment data professionals have been in strong demand throughout the COVID-19 pandemic, according to Kaizen Recruitment. The role -- with responsibilities including calculating, attributing and benchmarking ...