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Showing 3941 - 3950 of 18115 results for "superannuation"

Super fund ups stake in renewable company

KARREN VERGARA  |  FRIDAY, 26 MAR 2021
A $55 billion super fund has upped its stake into renewable energy company Powering Australian Renewables (PowAR) for an undisclosed figure. Hostplus has increased its investments in PowAR, which operates wind and solar generation. The super fund said ...

QSuper pokes holes in YFYS legislation

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
QSuper says the Your Future, Your Super bill's proposals may result in higher operational costs at superannuation funds and delays in decision-making, alongside less talent for their boards. In its submission to the YFYS consultation, the industry ...

APRA gains traction on superannuation data project

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... Australian Prudential Regulation Authority has released its final reporting standards for the first phase of the Superannuation Data Transformation (SDT) as it looks to clear out underperformers. Phase one addresses the most urgent gaps in APRA's data ...

APSS explores merger with Sunsuper

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
The Australia Post Superannuation Scheme (APSS) has signed a non-binding heads of agreement to explore a merger with Sunsuper. The $8 billion APSS has been closed to new Australia Post employees since 2012 and has around 30,000 members. APSS Trustee's ...

TelstraSuper expands membership

JAMIE WILLIAMSON  |  THURSDAY, 25 MAR 2021
TelstraSuper is expanding its membership, opening its doors to friends of members. Effective this month, existing TelstraSuper members may refer their friends to join the $22 billion corporate fund. The process is simple, the corporate fund told Financial ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... that the instruments were designed to strike a balance between minimizing regulatory burden for the advice and superannuation industries and ensuring customers receive the information that is relevant to them," the regulator said. "ASIC does not have ...

Cboe acquires Chi-X

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... the radar, as a smart exchange business in an environment that's a particularly great one with our massive superannuation funds," Jokovic said at the time. "Australia is a growing market with a good regulator that works with the operators. We've ...

Aware to restructure advice offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
One of Australia's largest superannuation funds, Aware Super, is restructuring its financial advice team in a move which will result in redundancies. The $130 billion fund said it has observed a trend away from ongoing advice contracts and towards on-demand ...

AustralianSuper adds gold ETF to menu

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
AustralianSuper, Australia's largest super fund with over $200 billion in assets under management, has added ETF Securities Physical Gold ETF (ASX: GOLD) to its direct investment menu. The fund's direct investment offering allows some members a choice ...

Rainmaker reveals 2021 AAA super products

JAMIE WILLIAMSON  |  TUESDAY, 23 MAR 2021
Of the 692 superannuation products reviewed by Rainmaker, 29% have received a AAA Rating for 2021, with 11 offerings added to the list. Rainmaker looked at 692 products from 178 superannuation funds for its annual assessment. In analysing the offerings ...