Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4091 - 4100 of 22787 results for "Funds"

LGIAsuper reduces fees, adds indexed option

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
... $50,000 balance, a member would pay $140. Rainmaker Information's most recent fee study found passive options offered by super funds charge an average of 0.12%. LGIAsuper said the ability to broaden the menu is the result of its merger with Energy Super. ...

Hostplus, Statewide Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
... Statewide Super now complete, Hostplus says it is on track to hit $100 billion next year. Hostplus now has $81 billion in funds under management and is home to 1.5 million members after merging with Statewide. This places them in the top five funds by ...

The transforming role of the trustee

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... Conference, HESTA chair Nicola Roxon shared her strong conviction about the role representative trustees have at industry funds. "I think you get incredible insight from these people who are very close to our 400,000 members," she said. "They're nurses ...

Super's defense against economic volatility

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... spiral, a pandemic and now a war in Ukraine have gut-punched already struggling economies. However, in Australia, super funds have provided what Swan called "an invaluable economic cushion in an uncertain world." Previously super funds had helped recapitalise ...

Super funds back Say on Climate

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2022
New analysis from the Australasian Centre for Corporate Responsibility (ACCR) shows seven superannuation funds and many of the world's largest investment firms backed most 'Say on Climate' votes in 2021. There were 19 'Say on Climate' ...

New board directors at FEAL

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... Stewart was named FEAL's Fund Executive of the Year in 2021 and also sits on the board of the Association of Superannuation Funds of Australia. Meanwhile, Samuels has served on the FEAL Program Committee since 2018 and completed its Masters of Organisational ...

AMP offloads remainder of Collimate Capital

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... assets under management of $9 billion and the management platform including the Global Infrastructure Fund series and other funds and most of the unrecognised future performance fees and carried interest. It also encompasses all of AMP's seed and sponsor ...

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
Superannuation funds must do a better job of communicating the value of group insurance, with research revealing just 25% of Australians understand what they're covered for, and many may not be adequately covered following recent reforms. MLC Life Insurance ...

Macquarie responds to term deposit scam

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... past, she said. After going ahead with bank transfers to a fake Macquarie Bank account, Du Preez lost a total of $760,000 in funds. In response to the scam, Macquarie issued a statement: " We're aware of an increase in scammers attempting to use ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... listed investment companies (LICs), listed investment trusts (LITs), real estate investment trusts (REITs) and infrastructure funds (Ifs), as well as exchange traded funds (ETFs), managed funds and structured products. Products on the ASX are currently ...