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Showing 2221 - 2230 of 18113 results for "superannuation"

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
UniSuper signed an exclusive institutional mandate with a boutique impact investor, while also purchasing an industrial portfolio from a major global pension fund worth more than $1 billion. The $120 billion super fund has mandated NorthStar Impact ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... total funding under the facility to $13.5 million, following a raise of $7.5 million in 2022. It also comes as its superannuation offering reports outstanding returns for FY23, with the GrowthX option returning 19.86% and the Global Index option returning ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... WA Super, and State Plus, has positioned the $160 billion fund at the forefront of digital engagement within the superannuation sector. Stewart said: "Superannuation and pension funds are long overdue for digital transformation. To stay competitive and ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
EY cybersecurity leader for financial services Rohit Rao says the superannuation sector is lagging when it comes to cybersecurity processes, adding that increased consolidation has created more risk. In the latest episode of the Financial Standard podcast ...

Insignia offloads investment bonds unit

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... forward to working with Insignia to ensure a smooth transition for IOOF policyholders," Kerr said. The life and superannuation unit offers investment bonds, funeral bonds, and education savings plans. It had $2.3 billion in FUM as at 30 June 2022.

Treasury to 'modernise' individual tax residency rules

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... intend to take up residence in Australia. An individual may also be a resident of Australia if they contribute to a superannuation fund for certain government officers, Baker McKenzie said. Treasury concludes consultation on September 22.

Mercer appoints first Wealth Pacific chief

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... wealth portfolio across Australia and New Zealand, comprising the Mercer Super Trust - one of Australia's largest superannuation funds with around $63 billion in assets under management. The super fund also boasts a robust membership, approximately 850,000. ...

ASIC continues to reprimand SMSF auditors

CHLOE WALKER  |  MONDAY, 24 JUL 2023
ASIC has cracked down on eight self-managed superannuation fund (SMSF) auditors for breaches of their obligations. Specifically, the regulator has disqualified five SMSF auditors and imposed additional conditions on three SMSF auditors for failing to ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
The prudential regulator is reinforcing the importance of superannuation funds to conduct more rigorous and frequent stress testing amid the fracas over valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance ...

NGS Super expands leadership

ELIZABETH FRY  |  FRIDAY, 21 JUL 2023
... this grouping," he says. Dunnin notes that funds in this range have huge challenges when competing with the big superannuation powerhouses. "And let's not forget that today's big funds were boutiques once themselves, too. But what took these ...