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Showing 11 - 20 of 225 results for "Saver"

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
Aware Super has delivered a return of 11.9% for its Future Saver High Growth option - its default MySuper option for under 55s - for the 2025 financial year. Retirees invested in Aware's Conservative Balanced option also enjoyed strong performance with ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... "Also, not a lot of this money looks like it's actually being spent in retirement. The typical super fund member is a net saver in retirement," he said. "Their balances continue to grow for decades after they retire. And by 2060, the federal Treasury ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
In the UK, there are 86 local government pension schemes (LGPS) and more than a dozen multi-employer defined contribution pension funds that collectively manage $822 billion (£392bn) in assets. The ruling Labour Party's Treasury wants to consolidate ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
Cybercriminals attempted to breach the systems of several superannuation funds over the weekend, although most attacks were repelled, thousands have been affected. Rest said fewer than 1% of its members have been affected by unauthorised activity on ...

Pearler Super launches, new FHSSS product imminent

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... sector in launching Pearler Super and will shortly release HomeSoon to help young Australians maximise the First Home Super Saver Scheme (FHSSS). Pearler Super is strictly targeting young members. It is not available to those born before 1 January 1970 ...

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
A breakdown of government revenue revealed the superannuation sector will contribute $25.6 billion to the government's bottom line in 2025-26 - an uplift of $9.7 billion since the MYEFO from taxes on the sector. "The upgrade to superannuation fund ...

Dania Zinurova exits Wilson AM

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
Wilson Asset Management's alternative assets specialist has popped up at Dexus as its head of infrastructure funds. Dania Zinurova - the portfolio manager for WAM Alternative Assets and now fund manager of Dexus Diversified Infrastructure Trust ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
The UK National Employment Savings Trust (Nest) will take a 10% stake in Industry Super Holdings, the parent company of IFM Investors. Nest said it would primarily invest in IFM's alternate asset investments. An IFM spokesperson told Financial Standard ...

Vanguard fined US$106m for investors' massive tax bill

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
The Securities and Exchange Commission (SEC) charged Vanguard US$106.4 million for "materially misleading" investors in the Investor Target Retirement Funds (Investor TRFs) about their future tax liabilities. The failings relate to Vanguard dropping ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... good habits by making voluntary salary sacrifice contributions," he said. "When we first introduced the First Home Super Saver Scheme, Labor voted against it, and many of the super funds opposed it as well. While the scheme needs some improvements and ...