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Showing 11 - 20 of 2137 results for "Industry fund"

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... flexibility with respect to how they invest their money, the risk profile undertaken and whether they opt for an industry fund or establish an SMSF. "Retirement is an individual experience. There's no one-size-fits-all product for retirement. We ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
... out strategies for using a combination of wealth building vehicles, which might incorporate not only an SMSF or an industry fund, it might also incorporate trusts and other vehicles as well." Hurley added that all advisers should be thinking about how ...

Fund manager awards custody mandate

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... 2020. Last December, Prime Super also appointed Citi Securities Services, breaking ties with NAS. The $6.7 billion industry fund wrapped up a 16-year custodial partnership with NAS. Parent company NAB decided to close its asset servicing business by ...

MA Financial splurges on 13th marina

CHLOE WALKER  |  THURSDAY, 15 FEB 2024
MA Financial has purchased Queensland's East Coast Marina for $33 million, expanding its Marina Fund. The East Coast Marina, located in Brisbane's Manly harbour, consists of 330 berths, dry storage for 240 vessels, 595 square metres of commercial buildings ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
Senator Andrew Bragg has slammed industry super funds, accusing them of channelling $40 million to unions and Industry Super Australia (ISA). Scrutinising mandatory disclosures, Bragg pointed out that AustralianSuper, Cbus, HESTA, Hostplus, TWUSUPER ...

Super fund satisfaction improves: Roy Morgan

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
Members' satisfaction with their superannuation fund is improving, Roy Morgan data shows. Fresh findings from the research house saw super fund awarded a rating of 69.5% in November 2023, an increase of 0.9% from the last reported results in July 2023. ...

NGS Super finds new administrator

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... ​(GROW)​​, hoping the new partnership will deliver efficiencies and reduce costs. It joins the likes of $72 billion industry fund HESTA, which left Link to join GROW. In 2021, Mercy Super also moved to GROW after using Mercer for several years. ...

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
Prime Super has appointed Citi Securities Services as its new custodian after a seven-month search, breaking ties with NAB Asset Servicing (NAS) as it plans its exit. The $6.7 billion industry fund's decision to award the new mandate to Citi Securities ...

Industry funds gear up for brand transformation post-merger

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... and mining workers - but also signifies a continued commitment to serving these sectors. "The new profit-to-member industry fund will focus on growth across the industry sectors, while improving the best outcomes possible for members," Langby and Sherry ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... June 2022. Meanwhile, Centric Super has just shy of 1000 accounts and $9 billion funds under administration. 4) Industry fund merger advances (April 21) In April, Mine Super and TWUSUPER signed a Heads of Agreement to merge, about five months on from ...