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Showing 191 - 200 of 1193 results for "Switch"

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... said. The new test will split the calculation of the benchmark into separate categories of superannuation products and switch to test platforms on a gross of tax basis. "The potential for adverse consumer outcomes is recognised through the government ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
Santos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Methane gas - a greenhouse gas 25 times more powerful than carbon dioxide - has ...

AMP rolls out new North features

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... allocations. It also allows advisers to include their clients' proposed target risk profile while performing an investment switch, while proposed asset allocation can be reviewed against the client's risk profile. The simplified ROA process also ...

Super fund members eye change

ANDREW MCKEAN  |  FRIDAY, 12 MAY 2023
The superannuation industry is witnessing a 13-year peak in members' intention to switch funds, according to the latest Super member engagement report by Investment Trends. The report revealed that this surge in switching intention aligns with a substantial ...

Industry funds' illiquid assets scrutinised

ANDREW MCKEAN  |  THURSDAY, 11 MAY 2023
... a significant portion of its member base is nearing retirement and will either start drawing down its super balance or switch funds, liquidity levels should shift in response," she said. Albeit the complexity of measuring liquidity, Bradley explained ...

UK's Nest switches investment chief

CHLOE WALKER  |  FRIDAY, 21 APR 2023
Liz Fernando has been promoted to chief investment officer of the pension fund, taking up the mantle from Mark Fawcett. Having joined Nest in 2020 and made deputy chief investment officer in 2021, Fernando brings with her 25 years' worth of investment ...

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
HUB24 has entered into a Heads of Agreement with Equity Trustees to provide custodial platform administration and technology solutions. The agreement between Equity Trustees and HUB24 covers large transitions totalling around $4 billion funds under ...

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
Australians prioritise fees and charges when choosing a new superannuation fund, according to Super Consumers Australia (SCA) research. SCA's pilot nationwide survey on Australian superannuation trends revealed that 67% of consumers consider fees ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... O'Donoghue explained that the impact of excessive engagement depends on how members use the information. If they frequently switch their balance based on daily market fluctuations, it can negatively affect long-term performance. However, being more ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... compare their fund with others, which is particularly relevant if they have received advice from unscrupulous providers to switch from a MySuper product to a high fee, underperforming Choice product." She added that more needs to be done to ensure members ...