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Showing 321 - 330 of 4772 results for "Super funds"

Australian super assets set to become second largest globally: WTW

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... benchmark-relative returns, the allocation to alternatives has marginally increased since 2019, from 23% to 24% for super funds. "The bigger shift has been an increase to equities, which has risen from 47% of portfolios to 52% over the past five years ...

Almost half of HESTA members retire involuntarily

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... providing the flexibility for funds to shape their advice services to the needs of their members," Blakey said. "If super funds can consider a member's personal and household circumstances, such as any partner's income and super as well as any entitlements ...

AMP launching 'market first' digital advice solution for super members

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... Bravura solutions chief executive for APAC Paul Dunn said AMP's Retirement Health Check reflects how "leading super funds" are stepping up to better support their members achieve their retirement outcomes using digital advice solutions. "Using Bravura's ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... claims targets vary between funds, with an inconsistent and ad hoc approach across the superannuation sector. "If they [super funds] have claims timeframes, many of them aren't mandatory or enforceable, and even if they are, they have just huge carve ...

Mercer appoints chief investment officer from TelstraSuper

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... to the investment outcomes of our members' portfolios will help further our position among Australia's best super funds," she said. Given Mercer Super's size, Mercer Pacific chief investment officer Kylie Willment, who has responsibility ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... clear and easy-to-understand financial advice to our members," Doyle said. "These reforms can provide a pathway for super funds to cost-effectively increase the scope and reach of financial advice, while also maintaining strong consumer protection for ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... Hostplus splashed a staggering $13.7 million on sponsorships in the 2024 financial year - which made up 43% of what all super funds collectively spent ($31.7 million). Hostplus leaves other sponsorship budgets in the dust as Cbus, which spent $5 million ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... 1994. In late 2022, the Australian Taxation Office (ATO) selected three audits compiled by Islam for three different super funds and had expressed concerns. The ATO referred the matter to ASIC in June on the basis that Islam "failed to carry out or perform ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... increasing means that the scammers are winning - instead of the other more reasonable conclusion, that the work of super funds and their services providers is effective. We hope that ASIC can recommit to constructively working with ASFA members to tackle ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... between $100,000 and $400,000. Just 17% of Australians, including 26% of current retirees, have sought advice from their super funds. Meantime, 80% of Australians aged between 45-54 need advice but can't afford it, the SMC said.