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Showing 4891 - 4900 of 18119 results for "superannuation"

Top asset consultants named

ELIZA BAVIN  |  MONDAY, 27 APR 2020
... company's client base has evolved enormously in recent years. "Almost half of our clients now come from outside the superannuation arena and two thirds have portfolios that are sub $5 billion," he said. "Frontier has re-calibrated our approach to ...

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
... about $6 billion in the March quarter, and is in no hurry to revalue its unlisted assets out of cycle unlike some superannuation funds. The Future Fund stood at $162 billion at March end, after returning -3.4% in March quarter, which takes this financial ...

LGIAsuper revises down unlisted assets

KANIKA SOOD  |  FRIDAY, 24 APR 2020
The $12 billion superannuation fund has revised down the value of its property and infrastructure in response to COVID-19, joining AustralianSuper, UniSuper and Hostplus. LGIAsuper reduced the valuation of its property portfolio by 5% and infrastructure ...

Billions withdrawn from super

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... withdrawal was $8000 and the super funds will now begin to release the money. "Those applications are now with the superannuation funds for their payment over the next five days," he said. The Australian Taxation Office said it had received 975,300 registrations ...

IOOF, CountPlus, Iress want better path to fee consent

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... proposed legislation, which is part of the government's Royal Commission reforms, requires platform operators and superannuation trustees to be satisfied that consent for ongoing service has been given to the adviser before deducting advice fees via ...

COVID-19 clogs custody mandate pipeline

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... processes may be interrupted as a result of the pandemic and efforts to slow its spread. The $35 billion public sector superannuation fund Funds SA is also delaying its custody switch. The super fund had planned to end its 19 year relationship with J.P. ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... Wednesday took advantage of the low oil prices to establish Australia's first sovereign energy reserve, and superannuation funds can help, according to an expert. Energy minister Angus Taylor said the government will buy $94 million of crude oil ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... massive blow, but why they were all invested in such a similar way is an issue that still needs addressing. The superannuation industry had been under increasing pressure to perform, at the very least, in line with their peers so risk-taking or alternative ...

Industry fund redeploys executives

JAMIE WILLIAMSON  |  THURSDAY, 23 APR 2020
An industry superannuation fund has shuffled the roles of two of its senior management, elevating one to its executive line-up. Christian Super has moved its chief member officer Nathan Buttigieg into the role of chief - operations and product. As of ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
New customer satisfaction data shows members' opinions of industry superannuation funds are starting to turn, after weeks of scrutiny over their performance during the COVID-19 crisis. According to Roy Morgan's latest superannuation customer satisfaction ...