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Showing 2141 - 2150 of 6134 results for "Australians"

MySuper performance recovers, hits record high

KARREN VERGARA  |  MONDAY, 11 JAN 2021
Default superannuation funds have fully recovered from COVID-induced losses, yet underperformance within the asset classes remains rife, according to new Rainmaker data. Rainmaker's November 2020 MySuper index has reached a record high, bouncing ...

Super funds back COVID-19 preventative drug

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
Four major superannuation funds are backing a biotech company that is developing a nasal spray that claims to prevent COVID-19 and the common cold. AustralianSuper, HESTA, Hostplus and Statewide Super have joined forces with CSL, a venture capital fund ...

Super funds boost stake in US toll roads

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
AustralianSuper and UniSuper have bolstered their investments in a major road development based on the east coast of the US. Together with the Canada Pension Plan Investment Board (CPP Investments), the superannuation funds will acquire a 50% stake ...

Future Super cuts fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... well-below the industry median," Future Super chief executive Kirstin Hunter said. "These lower barriers mean that more Australians will be investing in a future that they want to live in." Hunter added: "2020 has been a year where many people have taken ...

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
... investment approval. Treasurer Josh Frydenberg said that while the majority of foreign investors comply with the law, Australians expect the government to maintain a high level of enforcement. "Australia welcomes foreign investment for the significant ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... wealth firm Crescent Group have entered a partnership to offer a new home finance product aimed at 700,000 Muslim Australians. DomaCom and Crescent Group have entered exclusive heads of agreement with a target launch period set for the third quarter ...

Hume promoted to cabinet

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... Hume and the government on how we can continue to improve access to affordable and professional financial advice for Australians," De Gori added. In a LinkedIn post, Hume said she was honoured to be asked to take on the expanded role to focus not only ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... said: "We've adapted and responded to the immediate challenges by providing some relief to financial advisers so Australians can get access for some of the critical questions that are now before them." 3. Sargon runs out of steam (January 30) Sargon ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... forward, truth in advertising will be paramount. Aussie ETF investors got oil bets wrong During COVID-19 volatility, Australians poured $35 million into the country's only ETF tracking crude oil futures, and were stung hard when WTI May contracts ...

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
The industry superannuation fund with the highest percentage of women membership has been called out for not prioritising board diversity initiatives in the companies it invests in. Rest, with 1.8 million members of which 60% are women, was grilled ...