Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2921 - 2930 of 18113 results for "superannuation"

Young Australians more 'super savvy': Equip

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
Young Australians are thinking much more about their financial plans than previously, according to an Equipsuper survey. Almost half of the surveyed young Australians (18-34 years old) saw super as being more important now than since the start of the ...

Ministers told to divest shareholdings

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
... Prime Minister Anthony Albanese, federal ministers must divest any direct investments held outside of a public superannuation fund, listed managed funds and some trust arrangements. The code of conduct for ministers states that ministers must divest ...

Aware Super invests in $100bn energy opportunity

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
Aware Super has made a cornerstone investment into North Harbour Clean Energy. North Harbour Clean Energy has priced the investment opportunity at $30 billion and $100 billion over 2030 and 2050 horizons respectively. This determination is based on ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
... test extension beyond MySuper products for 12 months has been introduced. Favouring the review, the Association of Superannuation Funds of Australia (ASFA) welcomed the government's announcement. ASFA chief executive Martin Fahy said: "The review ...

Performance test expansion paused as government announces review

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2022
... impact of YFYS on ESG investing is a topic of concern for the super fund sector, as integrating ESG investing into a superannuation portfolio can increase tracking error, raising concerns that ESG could lead super funds to negative outcome against the ...

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 ...

First app for FirstWrap

JAMIE WILLIAMSON  |  THURSDAY, 7 JUL 2022
The Colonial First State FirstWrap mobile app will give members access to their superannuation, pension, and investment accounts via their phone. The app is available on both Apple and Android devices and can be used to view total portfolio balances ...

Natalie Cameron named AFCA lead ombudsman

ANDREW MCKEAN  |  THURSDAY, 7 JUL 2022
... firstly as chief claims officer and then later as chief operating officer working with advisers, corporate, and superannuation clients and regulators. Before her appointment at MLC Life, Cameron was at AIA Australia, initially as a lawyer, then as general ...

Median MySuper returns of -2.8% expected

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... options is 6.3%. AustralianSuper chief investment officer Mark Delaney reinforced the importance of thinking about superannuation as a long-term investment. "As a long-term investor, we know from experience that while periods of market volatility can ...

Australian Catholic Super, UniSuper sign SFT deed

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
Australian Catholic Superannuation and Retirement Fund and UniSuper will merge before the end of the year. The two funds have now signed a Successor Fund Transfer deed. This follows the Heads of Agreement they signed in May, formally confirming the ...