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Showing 2341 - 2350 of 10366 results for "Trust"

Australian Retirement Trust records -0.96% return

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
Australian Retirement Trust's default option returned -0.96% last financial year, which it says is a good outcome given the current environment. The $200 billion fund said it is happy with the result, as market commentators were predicting an average ...

Bendigo Bank agrees to buy ANZ margin lending book

CHLOE WALKER  |  THURSDAY, 7 JUL 2022
Bendigo and Adelaide Bank has inked a deal to buy the ANZ investment lending portfolio, allowing it to further grow its margin lending business, Leveraged Equities. The portfolio is valued at approximately $715 million and has 11,900 customer facilities. ...

TWUSUPER adds fee to combat cross subsidisation

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
The super fund will begin charging insured members an administration fee to make costs fairer for those without insurance. From August 1, TWUSUPER members with insurance cover will be charged 3% of their gross insurance premiums each month as a separate ...

ASIC releases guidance on super, retirement calculators

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
ASIC has released guidance for superannuation calculators and retirement estimates, while also updating relief around how super funds can provide retirement estimates to members. RG 276 outlines what super funds need to do to rely on the existing relief ...

Foord Asset Management enters Australia, mandates EQT

CASSANDRA BALDINI  |  TUESDAY, 5 JUL 2022
Foord Asset Management has expanded into the Australian market, announcing Equity Trustees as responsible entity (RE) for its local offering. The new Foord Global Equity Australian Feeder Fund invests exclusively in the Foord SICAV- Foord Global Equity ...

Frontier appoints new chair

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
After eight years in the role, Gabriel Szondy has retired as chair of the asset consultant, replaced by a superannuation industry veteran. Szondy joined the board of Frontier in 2008 and has served as chair since 2014. Effective today, he no longer ...

Australian Retirement Trust, Morrison & Co acquire FiberLight

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
Australian Retirement Trust and H.R.L. Morrison & Co are key members of a consortium that will acquire the US fiber infrastructure provider. The consortium, which is led by Morrison & Co, also comprises a managed client of UBS Asset Management. It marks ...

Top super funds for ESG revealed

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
... ($billion) Active Super 14.2 AMP Super 64.9 Australian Catholic Super 10.9 Australian Ethical Super 4.0 Australian Retirement Trust 117.2 AustralianSuper 264.2 Aware Super 158.3 BT Super 86.0 CareSuper 19.7 Cbus 92.9 Christian Super 2.1 Commonwealth ...

July 1 super changes: Are you ready?

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
As we celebrate the 30th birthday of the Superannuation Guarantee, the new financial year brings with it plenty of changes to super. Here's what you need to know. From tomorrow, significant changes to superannuation and its surrounding legislation ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
The long-awaited Retirement Income Covenant comes into effect tomorrow and, with super funds unable to consider members' personal circumstances, there's a view that its introduction could significantly impact the financial advice sector - but ...