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Showing 321 - 330 of 2277 results for "Industry fund"

AustralianSuper to shutter property option

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... in its property option for up to two years, the fund has decided to shut the option altogether. The $225 billion industry fund will close the property option on September 10, with new member investments into it suspended from today. After September 10 ...

Wayne Swan to chair Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Former treasurer and deputy prime minister Wayne Swan will chair $65 billion industry fund Cbus. The fund announced today that Swan would succeed long-serving chair Steve Bracks next year. Commenting on his appointment, Swan said: "I'm humbled to ...

HESTA defines perfect merger partner

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
For any super funds eyeing the $64 billion industry fund as a potential merger partner, its chief investment officer has outlined the criteria they'd have to meet. Sonia Sawtell-Rickson appeared in a session at the Australian Institute of Superannuation ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
The federal government has announced the ASIC levy paid by financial advisers will revert back to 2018/19 levels for the next two years, saving the sector at least $46 million. The levy will be restored to $1142 per adviser, as was charged in 2018/19 ...

Maritime Super dumps ISA membership

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
... statement on its website the group said it was advised on Thursday of the super fund's decision to withdraw from the industry fund collective. Effective August 27, the $6 billion fund can no longer use the associated logo or be involved in any marketing ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
Retail superannuation funds from AMP, Australian Ethical and Russell Investments will be among the biggest beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia. The new performance ...

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds. Rainmaker's latest Benchmarking Report shows AustralianSuper, QSuper/Sunsuper, Aware Super, UniSuper and Hostplus will become ...

Industry Fund Services executive departs

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
Industry Fund Services' deputy general manager of unpaid super business unit has left the organisation. Pauline Olson has left IFS after 20 years, Financial Standard's sister publication Industry Moves first reported. "Her role has been absorbed into ...

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
... time, Hostplus and Statewide said there is a "fundamentally strong alignment between the two funds that similar industry fund ethos and beliefs, and dedication and passion for members". In the same month, Hostplus made its merger with Intrust official. ...

Sunsuper, Iress launch adviser data feed

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... information that we can translate into the interactive documents for our clients. I'm really pleased that, as an industry fund, Sunsuper has acknowledged the importance of it and put it into play," Ryan said. In March 2021, Sunsuper and QSuper agreed ...