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Showing 321 - 330 of 2369 results for "Aware"

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... Superannuation Fund ($32.9m). Three not-for-profit super funds - AustralianSuper ($17.5m), Australian Retirement Trust ($2.4m), and Aware Super ($1.1m) - lagged the big spenders but cracked the top 20. APRA said payments to advisers can include those ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... million (0.05% expense ratio). ART spent a massive $77.3 million on member services, AustralianSuper spent $55.3 million, Aware Super spent $47.7 million, while Cbus spent $45.6 million. Rest's member services expenses came in at $41 million and ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... diagnosis had not been made. ASIC also alleged the term suggested that HCF Life could deny coverage even if the customer was not aware of the pre-existing condition. Additionally, ASIC said section 47 of the Insurance Contracts Act (ICA) prevents insurers ...

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... 0.25% of funds under management in reserve, to draw on in the event of an operational risk event. However, APRA said it is aware of funds not drawing on their operation risk reserves in instances such as these, despite the reserves being fully funded ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... with the most mandates overall, however, are Hostplus (311), by a wide margin, followed by HESTA (147), State Super (143), Aware Super (128), and Cbus (127). Other funds with a significant number of mandates include Telstra Super, Australian Retirement ...

JANA awarded mandate for $2bn construction leave scheme

MATTHEW WAI  |  THURSDAY, 17 OCT 2024
... partnership can help LeavePlus to navigate through the complex landscape. "In today's volatile market environment, liability-aware investors benefit from being equipped with carefully considered, well-diversified investment portfolios and an in-depth ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... investment fees, transaction fees, insurance premiums, activity fees and performance fees. However, only 1% of Australians are aware that there are up to six fee types that most funds charge, including a performance fee charged by some. In 2021, Australians ...

AustralianSuper pumps $2.2bn into US data centre

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... that run enterprise data warehouses amid demand for cloud-based solutions, advanced analytics, and generative AI heats up. Aware Super recently finalised its investment in Europe's euNetworks, which provides hyperscale computing, cloud service, and data ...

Insignia Financial to trial four-day work week

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
... setting a standard for others in the finance sector. AI and flexibility are important to our members and employers should be aware as they prepare offers that these clauses will become industry standards."

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... of five to 20 years due to the addition of longer maturity fixed interest securities, AustralianSuper said. The Socially Aware option is now aiming to beat CPI by more than 3.5% p.a. over the medium to longer term, as well as the median balanced fund ...