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Showing 4721 - 4730 of 21914 results for "Fund."

AustralianSuper to shutter property option

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
Nearly three years after AustralianSuper added the ability to freeze redemptions in its property option for up to two years, the fund has decided to shut the option altogether. The $225 billion industry fund will close the property option on September ...

ERS re-contributions won't be taxed

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
Those who took advantage of the government's early release of superannuation (ERS) program, due to loss of income during the pandemic, can put the money back in their account without incurring a tax penalty. The Australian Taxation Office confirmed ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
ASIC says it will be watching that super funds don't force members of failing MySuper or Choice options to their other products that don't face a performance test. The first round of the Your Future, Your Super performance only test applied to 80 MySuper ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Only half of superannuation funds will be prompted to change their investment profile as a result of the new Your Future, Your Super performance test, an Australian Institute of Superannuation Trustees survey shows. The poll, conducted at AIST's ...

Time to weed out dud funds: Delaney

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
AustralianSuper chief investment officer Mark Delaney told the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference while Your Future, Your Super is imperfect, poor performing super funds need to be weeded out. AustralianSuper ...

New investment model for affordable housing proposed

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
Super funds may be able to access an income stream from the federal government for investments in affordable housing under a new scheme, the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference has heard. Appearing at the conference ...

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
At the AIST's annual investment conference, APRA general manager superannuation Katrina Ellis was asked if the regulator is keen on transparency, why it didn't publish the quantum by which MySuper products passed or failed the inaugural YFYS ...

Aware Super to offload farm assets

JAMIE WILLIAMSON  |  THURSDAY, 2 SEP 2021
The $140 billion super fund is readying to sell a significant agriculture portfolio, comprising cropping assets and water entitlements in Victoria. Aware Super will commence the sale process of its Lake Boga agribusiness portfolio, including one of ...

How YFYS test will change currency investments

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
A panel at the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference has discussed how the Your Future, Your Super test and ESG will change funds' approaches to currency. QIC head of currency Stuart Simmons said super funds could ...

Should super funds consider crypto assets?

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Superannuation funds that dismiss crypto assets are at risk of underperforming, the AIST ASI Conference has heard. This is according to Genesis Block managing director Chloe White, who spoke at an Australian Institute of Superannuation Trustees 2021 ...