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| | | ... offering increased by nearly 17%. For the 12 months to end of June, FUM for its managed funds lifted 14.7%, while its superannuation offering saw a 20.4% boost. The wealth manager also gained 14,000 new clients across its super and managed funds offerings ... |
| | | | A $19 million investment from an industry super fund has helped an innovative dementia care village open its doors in Tasmania. In development with HESTA, not-for-profit aged care provider Glenview and Social Ventures Australia (SVA), the Korongee Village ... |
| | | | ASIC has been questioned over whether it should have intervened when AustralianSuper introduced a new fee named after the Protecting Your Super legislation. In January AustralianSuper increased its admin fee, saying that from April 1 members would start ... |
| | | | Statewide Super has hit the refresh button on its approach to risk, prompted by COVID-19 and the Royal Commission. The funds recently appointed chief risk officer, Jason Muir said his goal is to refresh the industry fund's approach to risk in a post-COVID-19 ... |
| | | | Around 300,000 Australians lodged their second application to access their super early at the start of the new financial year. APRA had previously warned it was expecting a high volume of applications as the second tranche opened. In total, over $19 ... |
| | | | ... Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund. Spaceship, which started out as a superannuation fund in 2017, added a managed funds business called Spaceship Voyager ... |
| | | | Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions. The working group, which was put together late last year, is expected to present its ... |
| | | | At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views. That's according to the latest insights from Roy Morgan ... |
| | | | New research from Super Consumers Australia, the superannuation advocacy arm of CHOICE, has highlighted how difficult it is for people to claim total and permanent disability (TPD) insurance under the activities of daily living (ADL) definition. The ... |
| | | | ... traditional energy assets fall out of favour, so it's important that we are a part of this shift. "As a boutique superannuation fund, we can react swiftly to opportunities in new and emerging sectors. Larger funds may struggle to match our agility. It ... |
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