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Showing 1961 - 1970 of 4848 results for "super funds"

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... those who need cover, particularly young people working in high risk occupations, get it." "This is an opportunity for super funds to start a conversation with their younger members about all aspects of their superannuation savings. Greater engagement ...

Insto investment committees step away from status quo

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... still managed to be a top quartile performer and puts it down to the total portfolio approach. He cites a year where super funds struggled to make positive returns and QSuper posted about 6%. The next year many funds reported 14% returns and QSuper did ...

Three AMP directors step down

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... Superannuation Investors (ACSI) had previously recommended its members, which include some of Australia's largest super funds, to vote against the re-election of AMP's board. When former chair Catherine Brenner resigned, ACSI said there is more to be ...

Super fund launches renewable energy investment option

KARREN VERGARA  |  THURSDAY, 3 MAY 2018
... trillion by that stage, amounting to more than 160% of Australia's GDP. But compared to global pension funds, Australia's super funds ability to invest in the renewable energy sector has been limited, the researchers said. This is not the case for overseas-based ...

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
... which was created when NAB merged its MLC MasterKey and Plum superannuation offerings - is one of the largest retail super funds, with more than $78 billion in total assets - it's MySuper fund has about $23.7 billion in AUM. MLC employs about 3300 staff ...

ASIC deregisters 117 SMSF auditors

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... notifications to file their annual report on the date of their anniversary. Australia has about 600,000 self-managed super funds managing about $700 billion of people's retirement savings. The regulator also disqualified a Western Australian SMSF auditor ...

SMSFs ramp up LRBA and property allocations

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
Latest ATO figures show self-managed super funds' interest in limited recourse borrowing arrangements (LRBA) and residential property assets have skyrocketed in the last five years. December 2017 quarterly data shows the sector held $31.4 billion in ...

Retirement income expert joins SMSFA

KARREN VERGARA  |  TUESDAY, 1 MAY 2018
... review of the superannuation system nearly a decade ago, I came to appreciate both the importance of self-managed super funds and the critical role the SMSF Association plays in advocating for this sector and the broader superannuation industry." He ...

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
... SuperStream will also be beneficial as SMSFs currently experience lengthy delays in receiving rollovers from large super funds. "We have been lobbying for these changes for more than five years, arguing they will prove extremely beneficial to the SMSF ...

Smaller super funds lead Roy Morgan rankings

HARRISON WORLEY  |  MONDAY, 30 APR 2018
... According to Roy Morgan, the average satisfaction score for all funds in the six months to March is 61.1%, with industry super funds meeting the average and retail fund narrowly falling short at 60.1%. Public sector and self-managed super funds(SMSFs) ...