Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 3865 results for "Pension"

Future Group reveals super fund returns, fee changes

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... financial year. Preliminary numbers show the MySuper Growth option returned 12.6%, Super High Growth delivered 13.3% and Pension High Growth 14.6%. "Future Group is committed to growing and evolving the smartMonday product to deliver the best results ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... 2025 financial year. Retirees invested in Aware's Conservative Balanced option also enjoyed strong performance with the pension option achieving a 9.8% return. Aware Super chief investment officer Damian Graham said the performance was testament to the ...

Local assets help deliver 12% for ART

KARREN VERGARA  |  WEDNESDAY, 2 JUL 2025
... $300 million investment in late 2020. Last September, Macquarie Asset Management (MAM) and Canada's Public Sector Pension Investment Board (PSP Investments) sold all their stakes in AirTrunk to Blackstone and Canada Pension Plan Investment Board ...

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
... largest savings of $54.3 billion managed on behalf of 123,830 members. Colonial First State's FirstChoice Wholesale Pension is the second largest in asset size with $40.7 billion and 154,850 members. The Aware Super Retirement Income product with ...

Australian Ethical drops fees

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
... relation to all types of insurance cover will change and there will be a reduction to the Administration Fee for Super and Pension customers. "We've worked with our insurer (MetLife) to minimise the cost and complexity of delivering insurance benefits ...

Pension leaders urge US 401(k) plans to embrace private markets

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
Pension trustees and investment strategists see an opportunity to expand US DC savings into private market assets, particularly real estate. According to discussions at the Pension Real Estate Association (PREA) Spring Conference, experts including ...

Pinnacle founder Ian Macoun unloads $77m of shares

ANDREW MCKEAN  |  WEDNESDAY, 25 JUN 2025
... an attractive yield." Notably, Pinnacle holds a 35% equity interest in Metrics Credit Holdings, in which the National Pension Service of Korea - the world's third largest pension fund - snapped up a 4.17% stake for $50 million in March. Macoun confirmed ...

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
More than 200 actors have signed an open letter to the trustees of the SAG-Producers Pension Plan asking it to divest from fossil fuels and redirect the assets into responsible investments. Members of the Screen Actors Guild and the American Federation ...

Perpetual IM switches member admin provider

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Perpetual Investment Management has awarded MUFG Pension & Market Services (MPMS) a mandate to oversee its investor and member administration services. MUFG Corporate Markets will provide services across unlisted registry, listed registry, corporate ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... CREATE-Research chief executive Amin Rajan said the "profit dynamic is worsening with the rise of passive funds." "Defined benefit pension plans are now derisking with ageing demographics. The investor base is shifting towards a new generation of digitally ...