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Showing 11 - 20 of 16551 results for "superannuation"

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... Cbus. Then came JP Morgan which won a $2.31 billion international fixed interest mandate from HESTA. Meanwhile, the superannuation fund with the most mandates is HOSTPLUS, with 314 total mandates, with an average size of $343 million. State Super ranks ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
Spaceship's superannuation offerings have delivered some of the best results seen so far, with its flagship product returning almost 20% while the other achieved close to 17%. The GrowthX investment option, first launched in January 2017, returned 19.41% ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... enforcement activity, while supervision and surveillance have been allocated $6.5 million. Investment managers, superannuation funds, and related services will have to fork out $65.65 million, while market infrastructure and intermediaries will pay $64.1 ...

Rest increases private credit investment

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
Rest is strengthening its position in Australian private credit by increasing its investment in Metrics Credit Partners' Real Estate Debt Fund (REDF). Rest said the move further diversifies its private markets and whole of fund exposures. Rest chief ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2024
Future Group's flagship super offering has returned 10.1%, while Verve Super achieved 9.9% last financial year. The results are for the Future Super Balanced Index option and Verve Super's standalone strategy. Future Group said the results are proof ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
The MLC MySuper growth portfolio has generated a 9.8% investment return for the financial year. The three and five-year returns for that option were 5.4% and 6.7% per annum, respectively. MLC Asset Management head of diversified portfolios Steve Gamerov ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... products. Before passing the bill, lawmakers amended it for highly contentious sections 99FA(1)(a) and (b) of the Superannuation Industry Act, which relates to how super funds charge for financial product advice to members. "Division 1 of this Part repeals ...

Cbus MySuper investment option returns 8.35%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
Cbus has reported an 8.35% return for its growth MySuper investment option for the last financial year. The $94 billion industry fund said that the option has averaged an annual return of 7.73% over the past 10 years. It has achieved an average annual ...

AMP snares retirement expert

ELIZABETH FRY  |  FRIDAY, 5 JUL 2024
... as head of retirement solutions. Estelle Liu has worked at Aware Super since August 2020. Previously, she was a superannuation consultant at Rice Warner and a quantitative analyst at Mine Super where she worked on retirement solutions design including ...

IFS launches two courses with Kaplan

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
Industry Fund Services (IFS) has partnered with Kaplan Professional to offer superannuation fund staff further education and training as the sector gears up to offer more financial advice. The courses target super fund staff predominately working in ...