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Showing 3261 - 3270 of 18113 results for "superannuation"

AMP Capital snaps up malls in $760m deal

CHLOE WALKER  |  MONDAY, 20 DEC 2021
... one of Australia's leading property investors and developers, and UniSuper, one of Australia's leading superannuation funds, via a $2.2 billion investment in Pacific Fair and Macquarie Centre. It was the largest retail transaction in Australian ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
Cbus has come to EISS Super's rescue, after the latter was directed by APRA to merge as soon as possible. Cbus and EISS Super have signed a Memorandum of Understanding to complete a merger next year, with Cbus chief executive Justin Arter saying ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... Industry groups have labelled the APRA heatmaps a wake-up call to consumers about the importance of having their superannuation invested in a well performing fund, though there's still doubts as to the accuracy of the regulator's process. The release ...

ISPT takes stake in property fund manager

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... increasing its interest to 75% from the current 50%. Unlisted property fund manager ISPT invests on behalf of industry superannuation funds, with $19.6 billion spread across commercial, retail, logistics, warehousing, and residential property in Australia. ...

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... fee consent regulations that took effect on 1 July 2021. The standard provides a template for product providers, superannuation funds and financial advisers when setting up ongoing or non-ongoing fee arrangements. Separately, the FSC unveiled Standard ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... get degrees, the Liberal party has now backflipped on education standards to match Labor's policy. Minister for superannuation, financial services and the digital economy Jane Hume confirmed the government proposes to recognise the value of on-the-job ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... MySuper option, LUCRF Super's MySuper Balanced, Maritime Super MySuper, ANZ Smart Choice Super, Australian Catholic Superannuation and Retirement Fund's LifetimeOne and the Incitec Pivot Employees Superannuation Fund's Active Balanced all received a ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal. The prudential regulator slapped retail and industry superannuation funds alike with the lowest grade ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... lockdowns and uncertainty, Financial Standard 's most read stories show all eyes were on the changing nature of the superannuation sector. Industry consolidation and the Your Future, Your Super performance test underscore the majority of this year's ...

HESTA leads trustee board diversity

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
Superannuation fund HESTA has the highest number of women on its trustee board with nine females versus five males. An analysis of APRA's fund-level superannuation data as at June 2021 shows the $67 billion fund has tipped the gender imbalance as ...