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Showing 331 - 340 of 2279 results for "Industry fund"

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 ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
In final YFYS regulations released last week, the government now wants super fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test. The last minute changes to the Your Future ...

Rest closes basic cash option

KANIKA SOOD  |  WEDNESDAY, 4 AUG 2021
The industry fund will close its basic cash option on August 13, as it sees returns dry up. The option invested in cash securities that have a maximum maturity of three months. It aimed to match the return of the one-month Australian Bank Bill rate ...

Lifecycle MySuper outperforms single strategy

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
... Hostplus didn't even make the top five for any age cohort except the 60-year-olds. Retail MySuper products outperformed industry fund equivalents by 3.8% points during the period. ESG options fell behind non-ESG equivalents by 1.4% points in the 12-month ...

Future Fund appoints portfolio strategy lead

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... hedge funds and other skills-based absolute return strategies. He joined Future Fund in 2013 after four years as industry fund LUCRF Super's head of investment strategy and 10 years working at hedge funds. In his new role, Samild will lead work on ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak ...

Industry fund tops superannuation satisfaction survey

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
An industry fund took the top spot in Roy Morgan's latest superannuation satisfaction report. HESTA was named the winner for the six months ending June 2021, toppling Catholic Super which won the last round to January 2021. "Our focus on putting members ...

Super fund chair outlines future strategy

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
... know that Togethr Trustees is "certainly open for business". While the funds would welcome a merger with another industry fund, Casey said that doesn't mean they're averse to conversations with corporate and retail funds. "We're always in ...

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
Financial advisers will need to fork out an extra 27% to pay the regulator's industry funding levy for the 2021 financial year. Advisers will pay $71.354 million in aggregate or $3138 on a per adviser basis plus a fixed amount of $1500 per licence ...