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Showing 241 - 250 of 1388 results for aware super

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... 0.25% of funds under management in reserve, to draw on in the event of an operational risk event. However, APRA said it is aware of funds not drawing on their operation risk reserves in instances such as these, despite the reserves being fully funded ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... most mandates overall, however, are Hostplus (311), by a wide margin, followed by HESTA (147), State Super (143), Aware Super (128), and Cbus (127). Other funds with a significant number of mandates include Telstra Super, Australian Retirement Trust ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... investment fees, transaction fees, insurance premiums, activity fees and performance fees. However, only 1% of Australians are aware that there are up to six fee types that most funds charge, including a performance fee charged by some. In 2021, Australians ...

AustralianSuper pumps $2.2bn into US data centre

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... enterprise data warehouses amid demand for cloud-based solutions, advanced analytics, and generative AI heats up. Aware Super recently finalised its investment in Europe's euNetworks, which provides hyperscale computing, cloud service, and data centre ...

Insignia Financial to trial four-day work week

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
... setting a standard for others in the finance sector. AI and flexibility are important to our members and employers should be aware as they prepare offers that these clauses will become industry standards."

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... of five to 20 years due to the addition of longer maturity fixed interest securities, AustralianSuper said. The Socially Aware option is now aiming to beat CPI by more than 3.5% p.a. over the medium to longer term, as well as the median balanced fund ...

Australian Food Super picks TAL for group insurance

JAMIE WILLIAMSON  |  TUESDAY, 1 OCT 2024
... Income Protection, part of Lloyd's of London. TAL is also the group insurer for the likes of AMP, AustralianSuper, Aware Super and Rest. Australian Food Super rebranded from Australian Meat Industry Superannuation Trust in October 2023. The rebrand was ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... yet most failed to ask whether a person had an outstanding mortgage at retirement and assumed outright ownership. Aware Super was the only calculator that asked users to input their mortgage balance at retirement; but it assumed the balance would be ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
... Australian Securities Exchange (ASX). The "big eight" industry funds - AustralianSuper, Australian Retirement Trust (ART), Aware Super, UniSuper, Hostplus, Cbus, Rest, and HESTA, which command over half of all APRA-regulated superannuation assets, account ...

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2024
... Several employers in Australia already offer leave entitlements of this nature, including Cbus, Future Group, and Aware Super. The committee has also recommended the government consider amending the Fair Work Act to provide access to flexible working ...