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Showing 2231 - 2240 of 18113 results for "superannuation"

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
Colonial First State (CFS) has recorded double-digit returns across several of its default superannuation products for FY23. The CFS FirstChoice Employer Super growth fund (Lifestage 1975-1979) delivered a 12.2% return. The CFS FirstChoice Employer ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
... FAR will become effective for ADIs six months after the legislation received Royal Assent, while insurance and superannuation entities will have 18 months to prepare. The documents released by APRA and ASIC include the proposed regulator rules that prescribe ...

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... third senior role, group executive super and investments. The role will include combined responsibility for the superannuation-master trust and investments businesses. While the search is conducted, AMP director of transformation and investments, Australian ...

Iress appoints former Pendal veteran

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... background is well suited to deliver on Iress' strategic goals." The appointment follows the expansion of Iress' superannuation team. Last week, the group announced James Sinclair was appointed as its new head of growth and partnerships, superannuation. ...

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
Westpac has decided to fold the Specialist Businesses Division that once housed its platforms, superannuation and insurance businesses, redeploying its lead Jason Yetton. The bank has restructured in support of its next strategic phase, chief executive ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
AMP has delivered a return of 9.1% for members of its biggest superannuation product. The AMP MySuper 1970s investment option returned 9.1% for the financial year ending 30 June 2023. The lifecycle superannuation option, which uses a balanced growth ...

Equip Super sets sights on being different

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2023
The $30 billion superannuation fund is firmly in its growth era, consolidating its multiple brands and products and unveiling a new look that it hopes will help achieve its ambitious plan of being "a different type of fund." Two years on from its official ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
UniSuper achieved double-digit returns for FY23, revealing the shares that helped get it there and those that held it back. With more than $120 billion in assets under management, the fund returned 10.3% to members invested in the default Balanced option ...

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... Prudential Standard CPS 230 Operational Risk Management, which aims to enhance the ability of banks, insurers, and superannuation trustees to manage operational risks and respond to business disruptions. According to QMV legal, the key changes in CPS ...

Hostplus tops up mandate, returns 8% to members

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
Hostplus invested an additional $100 million in venture capital projects, while also confirming it returned 8% to members in its MySuper Balanced option. The fund invested a further $100 million with IP Group Australia, via its joint fund. To date ...