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Showing 201 - 210 of 2278 results for "Industry fund"

Industry funds' illiquid assets scrutinised

ANDREW MCKEAN  |  THURSDAY, 11 MAY 2023
... relatively scarce. Morningstar Australasia director Annika Bradley has examined the "unlisted assets" allocation of industry fund behemoths Australian Retirement Trust, AustralianSuper, Aware Super, Cbus, and UniSuper. Bradley investigated the Portfolio ...

Mine Super to close Choice option

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
The industry fund is shuttering one of its Choice investment options that was recently highlighted by APRA as an underperformer. Following a review of its Super investment menu, Mine Super is closing its Conservative Balanced Choice option later this ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
Industry funds are gaining ground in the battle for retirement assets, with their market share increasing 2% between 2021 and 2022, challenging the retail sector's long-standing dominance in pension accounts. According to a KPMG report, although ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... three industry funds, one public sector funds, and three retail funds. Comparatively, in 2021, there was only one industry fund, AustralianSuper, that held a position among the mega-funds. The report further highlighted the increasingly competitive landscape ...

Hostplus, IFS adopt 'mass-personalised' advice tool

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
Iress is rolling out a new tool providing simple, digital financial advice, with Hostplus and Industry Fund Services the first to take it up. The SuperSmart tool combines digital advice with member education, personalised via registry data, including ...

Industry fund merger advances

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
Two industry superannuation funds have reached a key milestone, signing a Heads of Agreement to form a combined fund that will manage $20 billion. Mine Super and TWUSUPER have progressed in their merger process, which began in December 2022 with the ...

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
... all members and will set the fund up very well for the future. I think this transaction will demonstrate that the industry fund model can deliver improved outcomes for retail fund members." Thirteen Suncorp Super investment options will remove the name ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Rainmaker Information's assessment of superannuation products shows that 56 super funds boast at least one AAA-rated product, down from 66 last year. Rainmaker's AAA Quality Rating evaluates superannuation products on performance, costs, insurance ...

Industry fund tops performance tables

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
Active Super has topped the list for best performing workplace MySuper option in the three years to February end, with a 7.1% per annum return. Mine Super High Growth and TelstraSuper Corporate Plus came in second, tying with returns of 6.9% p.a. followed ...

Cbus chief executive steps down

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
Justin Arter is stepping down as chief executive of the $73 billion industry fund in May. Cbus said Arter is retiring from the fund following mergers with Media Super and EISS Super, with the fund now switching its attention to organic growth and member ...