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Showing 1861 - 1870 of 10361 results for "Trust"

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... poor stress testing and inappropriate governance frameworks. An authorised fund can be structured as an authorised unit trust, open-ended investment company, or authorised contractual scheme. The regulator did not detail the asset class the funds invest ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... retirement age and invests in high growth for members up to the age of 56. The result comes in ahead of Australian Retirement Trust (10%), HESTA (9.59%), Cbus (8.95%) and AustralianSuper (8.22%). With 1.1 million members and $160 billion in funds under ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
Having overhauled the global investment manager's local business, Brett Jollie has finally confirmed his departure calling it a planned exit. "It is something I've been working towards since last December when we announced the restructure of ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... states. Funds that displayed transparency around fees, investment options and communications were also rated well in terms of trust. CSBA surveyed 4667 members from 66 super funds in February and March this year.

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
Insights from APRA expose a lack of compliance with cybersecurity obligations is leaving hundreds of institutions open to financial crime. The regulator plans to have assessed more than 300 banks, insurers and super trustees' compliance with CPS 234 ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... top tier when ranked against our peers." Of the industry funds that have reported results thus far, Australian Retirement Trust takes the lead with a 10% return, while Cbus and AustralianSuper trail with 8.95% and 8.22% respectively. To put the investments ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
... result. AustralianSuper's default option achieved 8.22%, while Cbus did 8.5%. Ahead of them is Australian Retirement Trust, returning 10% to MySuper members. According to Rainmaker, in terms of full-year returns, TelstraSuper and AvSuper are ones ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... for a chief executive, members of the leadership teams of PwC's Government Health Infrastructure and Defence (GHID) and Trust and Risk (T&R) practices will lead Scyne Advisory in the short term. Allegro said its own partners will also support the interim ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
Despite the lull in the property and private equity sectors, Australian Retirement Trust (ART) handed in a 10% return for its balanced option following a bumper share market revival. The Super Savings Balanced, which most of the ART's 2.2 million ...

More assets held in Choice over MySuper: APRA figures

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
More member assets are held in Choice products than in MySuper options, according to quarterly superannuation industry statistics by APRA. As of March 31, Choice products held $1.09 trillion of the total member assets held in APRA-regulated funds ($2.1 ...