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Showing 2211 - 2220 of 18113 results for "superannuation"

Prime Super snaps up wind farms

CASSANDRA BALDINI  |  TUESDAY, 1 AUG 2023
The super fund expanded its wind-energy portfolio through the acquisition of two Victorian wind farms. The acquisition was carried out in collaboration with PATRIZIA Infrastructure, Prime Super's investment manager. The addition of the Chepstowe ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
... well for further growth in demand down the line. Transact1 operates a cloud-based platform which hosts numerous superannuation funds, international banks, and Australia's big four. It offers investors an aggregated selection of cash investment products ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
Aware Super members with at least $15,000 in their account can now invest their super directly in term deposits, locking in rates currently as high as 5.25%. In April, Financial Standard flagged Aware Super was introducing a term deposit investment ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
... retirement, the emphasis shifts to more defensive assets, balancing risk. Russell Investments head of master trust and superannuation Tim Furlan said: "With a focus on growth assets for our younger members, in years when growth assets like global equities ...

New product lead at Equip Super

ELIZABETH FRY  |  FRIDAY, 28 JUL 2023
... six years at AXA running platform operations. The addition of the former Mercer heavy hitter with deep roots in superannuation comes amid mounting concerns that super funds aren't doing enough to help their members move into retirement. The prudential ...

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
NGS Super is making faster-than-expected progress towards its goal of achieving a carbon neutral portfolio by 2030. Measurement of carbon intensity in the NGS Diversified MySuper portfolio fell by nearly 20% between 30 June 2021 and 30 June 2022, around ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... models has also helped. Scams, financial difficulty claims on the rise The number of complaints that arose from the superannuation sector soared 31% to 6957. A large chunk of the complaints stemmed from super funds and insurers delaying the payment of ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
... for that licence," he said. Elsewhere, Insignia Financial will look to expand the scope of advice offered through superannuation, including developing a new technology-enabled advice service. Mota said that with the Quality of Advice Review providing ...

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
... base. This is also consistent with recent statements made by APRA as to the benefits of consolidation within the superannuation industry." Of note, according to APRA fund-level superannuation statistics, encircle Super held 7612 member accounts and assets ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... be alleviated." Meantime, Challenger said the mandate is a demonstration of the increasing number of pension and superannuation plans looking to de-risk their defined benefit liabilities, with managing director and chief executive Nick Hamilton saying ...