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Showing 461 - 470 of 4334 results for "SLI"

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
A $1.5 billion corporate superannuation fund has reduced death, total and permanent disability (TPD) premiums and administration fees - but income protection premiums will rise. Mercy Super reduced admin fees for super accounts from $1.10 a week plus ...

La Trobe completes half billion issuance

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Blackstone owned La Trobe Financial has completed a $500 million residential mortgage backed security (RMBS) issuance. "We are pleased with the pricing this transaction achieved in a market that continues to carry significant uncertainty," La Trobe ...

Finance job ads perk up

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
Hiring activity in the banking and finance sectors is starting to pick up, after dropping 48% in April and May, latest job advertisements data show. A SEEK analysis between July and August shows demand in financial planning, compliance and risk, and ...

Ethical super fund overhauls fees

ELIZABETH MCARTHUR  |  TUESDAY, 22 SEP 2020
An ethical superannuation fund which targets young, socially aware people has overhauled its investment and administration fees. Cruelty Free Super will change its fees from 1 October 2020, in a move that the fund says should lower the cost over all ...

ERS tab hits $33.3bn

ALLY SELBY  |  MONDAY, 21 SEP 2020
The government's early release of superannuation scheme has paid out $33.3 billion since its inception, with an additional $340 million disbursed over the week to September 13 alone. During the week to September 13, super funds received 42,199 applications ...

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
After underperforming its peers and receiving a red rating from the regulator, an $11 billion superannuation fund is turning its performance around. Mine Super initiated several strategic investment changes to its MySuper products, which are now delivering ...

Brace for 5% returns from global stocks

KANIKA SOOD  |  MONDAY, 14 SEP 2020
Investors in global equities should expect 4.9% in annualised returns over the next five years, which is lower than historic averages, according to Northern Trust's annual asset class return predictions. Northern Trust every year publishes its expectations ...

Aussie super funds climb ranks

JAMIE WILLIAMSON  |  TUESDAY, 8 SEP 2020
Total assets held by Australia's super funds rose almost 20% in 2019, with 16 now sitting within the top 300 pension funds worldwide, new analysis shows. In stark contrast to this year, Aussie super funds enjoyed an extremely positive 2019, according ...

Female fund managers outperform men

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2020
Funds managed by female portfolio managers are outperforming those managed by men amid the pandemic-induced market turbulence, according to Goldman Sachs research. Some 43% of female-managed funds have outperformed their benchmark year to date, compared ...

ERS withdrawals surpass $32bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Retirement savings withdrawals have surpasses $32 billion since the introduction of the government's Early Release of Super (ERS) scheme. Over the week to August 23, 59,000 applications were received by funds of which 35,000 were initial applications ...