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Showing 2111 - 2120 of 18113 results for "superannuation"

HESTA pumps $100m into BTR project

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... transport and major hospitals. HESTA chief executive Debby Blakey said the project demonstrates the potential for the superannuation industry to explore how they build partnerships to help address Australia's housing crisis. "Breaking ground on our inaugural ...

Australians retiring later than global peers: Research

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... respondents saying it will take a miracle to retire securely. Natixis IM country head Louise Watson said that while the superannuation system is world-class, she said it's concerning that Aussies are retiring later than other countries. "This really ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... SMSFs, up 4.2% year on year, according to APRA data. SMSFs comprise $876.4 billion or 25% of the $3.54 trillion superannuation pool. On average, non-concessional contributions for Class members in FY22 rose by 28.1%, resulting from several factors including ...

Ring-fencing super for aged care adds complexity, cost: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
... which is currently evaluating the fairness and sustainability of aged care funding in Australia, the Association of Superannuation Funds of Australia (ASFA) has voiced strong opposition to ring-fencing superannuation for aged care costs. ASFA argued ...

NZ Super Fund delivers 11.9%

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
NZ Super Fund has achieved a pre-tax return of 11.9% for the full year to 30 June 2023 and increased its value by $9.7 billion to $64.5 billion. Despite the positive results, the global recovery in share prices over the year meant that its total return ...

AustralianSuper invests $2.5bn in Vantage Data Centers EMEA

ANDREW MCKEAN  |  TUESDAY, 12 SEP 2023
AustralianSuper has partnered with digital infrastructure investment firm DigitalBridge Group to invest $2.5 billion for a "significant minority stake" in Vantage Data Centers' EMEA division. The deal is hoped to bolster Vantage EMEA's growth ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
The top 300 pension funds in the world, including 16 local super funds, have seen their assets drop for the first time since 2018. According to the Global Top 300 Pensions Funds report, conducted by Willis Towers Watson (WTW) and the Thinking Ahead ...

AIST, ISA detail advocacy body to come of merger

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
A newly formed policy and advocacy body for profit-to-member superannuation funds will be launched by October, to create a cohesive voice for the sector. The Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) have ...

NowInfinity bolsters estate planning capabilities

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
NowInfinity, part of Class, has added new features to its SMSF trust deed. The new product features enhance its current SMSF deed and consolidate its position as the industry benchmark for SMSF documentation. Further, the deed will act as the cornerstone ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... marks one of Natixis' biggest expansions locally and happens just as the asset manager renews its push outside superannuation to include retail investors. This was underlined last week when the $1.2 trillion asset manager expanded its AFSL to target ...