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Showing 301 - 310 of 1319 results for "AustralianSuper"

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
... Consumers Australia (SCA) is urging all superannuation funds to review their account handling processes in the wake of AustralianSuper refunding $70 million to approximately 100,000 members who held multiple accounts with the fund. Last week, AustralianSuper ...

AustralianSuper to refund 100k members

CHLOE WALKER  |  FRIDAY, 12 MAY 2023
AustralianSuper will refund $70 million it overcharged 100,000 members after it failed to detect that they had multiple accounts. The country's largest superfund has self-reported itself to regulators after realising it overcharged current and former ...

Industry funds' illiquid assets scrutinised

ANDREW MCKEAN  |  THURSDAY, 11 MAY 2023
... Bradley has examined the "unlisted assets" allocation of industry fund behemoths Australian Retirement Trust, AustralianSuper, Aware Super, Cbus, and UniSuper. Bradley investigated the Portfolio Holdings Disclosures of super funds, which detail the allocation ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
AustralianSuper's head of allocation and research is the latest executive to relocate to the asset owner's burgeoning London office. After eight years working at the $250 billion super fund, Carl Astorri has been appointed head of investments ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... First State (CFS), and AMP lead the pension market by total accounts, industry funds Australian Retirement Trust, AustralianSuper, and UniSuper are steadily closing the gap, experiencing rapid growth in pension accounts and assets under management. Over ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... funds, one public sector funds, and three retail funds. Comparatively, in 2021, there was only one industry fund, AustralianSuper, that held a position among the mega-funds. The report further highlighted the increasingly competitive landscape for member ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... Gomeroi/Gamilaraay Traditional Owners sent human rights complaints to Australia's largest superannuation funds, including AustralianSuper, Rest, and Hostplus. The complaints highlighted the projects "serious" human rights on Indigenous communities ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
The decision by Treasury to appoint former Fair Work Commission president Iain Ross and former AustralianSuper chair Elana Rubin as part-time members of the RBA board has sparked debate. Following the release of the review of the Reserve Bank of Australia ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... Commonwealth Superannuation Corporation and UniSuper each have five top-rated offerings. Australian Retirement Trust, AustralianSuper, Cbus, Mercer Super Trust, Rest Super, Super SA, and VicSuper, each had four AAA-rated products. Also notable, MyNorth ...

AustralianSuper to decrease premiums

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... the nation's largest superannuation fund will soon see the cost of their death and TPD cover drop. About 97% of AustralianSuper's insured members will receive a premium reduction across death, total and permanent disability, and some income protection ...