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Showing 2161 - 2170 of 6134 results for "Australians"

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
... cents in claims for each dollar of insurance premiums they were charged over the six-year period to FY 2018-19. "Many Australians hold life insurance through their super fund. Almost 10 million superannuation accounts have insurance attached, and a majority ...

How far are we from a trillion-dollar super fund?

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
AustralianSuper's total assets ticked up to $200 billion, after a record-new 400,000 signups in FY20 and strong performance. As at November-end, it had over 2.3 million members from around 330,000 businesses, implying about 10% of Australia's ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
... unions, of CPSU and NETU are two of these 11, representing 0.35% and 5.9% of UniSuper's total membership of 472,785 Australians. CPSU represents "non-teaching and non-academic staff" while NTEU represents "academic staff and general/professional ...

Super satisfaction bounces back

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Member satisfaction with superannuation funds has increased across all sectors for the first time since the pandemic, new research shows. Roy Morgan's latest Superannuation Satisfaction Report reveals overall superannuation satisfaction increased 0.6% ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
"The circulation of confidence is better than the circulation of money." - James Madison We, Australians all, are in a good place for not only do we have more money thanks to the Reserve Bank of Australia (RBA) and the Morrison government's largesse ...

University debt weighs on personal investing

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... debt was standing in their way to start investing outside of superannuation. Futurity Investment Group surveyed 1000 Australians who went to university and found university debt impacted many facets of life including buying a house, changing careers ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AustralianSuper's attempt to takeover a New Zealand infrastructure and renewable energy company for $5.1 billion has been rejected. The New Zealand stock exchange-listed Infratil (IFT) this morning rejected the bid, saying that the proposals are ...

Retail default fund tops performance table

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
A retail MySuper fund delivered the best returns in the three years to October, the latest Rainmaker league table shows, but on an aggregate industry superannuation funds outranked peers. Australian Ethical Super's balanced accumulation fund (6.7% ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
The best superannuation and pension funds have been named in the annual Money magazine Best of the Best Awards. In determining the awards, Rainmaker Information reviewed MySuper products, and asset classes that include growth, balanced, moderate (capital ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... support measures - JobKeeper, JobSeeker, HomeBuilder; the RBA for its quick response in providing liquidity; and us, Australians all, for generally following social distancing and lockdown guidelines. We're not quite there yet. The economy remains ...