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Showing 481 - 490 of 2025 results for "Industry super"

Asset devaluation continues

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen. Hostplus has devalued assets within its property and infrastructure portfolios by a range of 7.5%-10% depending on the individual ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives. Statewide Super has revised its long term investment objectives for high growth ...

CareSuper leads super satisfaction

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
The $16 billion industry superannuation fund has shrugged off its recent administration struggles to become the super fund with the most satisfied members. Latest Roy Morgan research shows CareSuper has the highest current satisfaction rating among ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... those whose income is reduced by 20% or more due to the crisis. The announcement received a mixed reception, with Industry Super Australia noting the decision was taken without industry consultation. The overall sentiment appears to be that it marks ...

Super fund merger delayed

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
Two industry super funds have pushed back the date for their merger due to the COVID-19 global crisis. Tasplan and MTAA Super were initially scheduled to merge on 1 October 2020, but have now extended the timeline to finalise the deal until 31 March ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
The industry superannuation funds for those who work in clubs, hospitality and retail are facing a tough year and have moved to reassure impacted members. With close to or more than half of their members sitting in the millennial age range, the likes ...

Early release to bite retirement hard

KANIKA SOOD  |  TUESDAY, 24 MAR 2020
... such as Grattan Institute and the Financial Services Council. However, it has also been panned by others including Industry Super Australia and Labor who have argued dipping into superannuation should not be the first solution but the last resort. ISA's ...

Industry fund boss exits

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... Graeme Russell will walk away from the top job at Media Super on April 6, after more than seven years with the industry super fund. Russell will transition away from the fund over the next few months, staying on as a strategic adviser until July 1, to ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... their retirement". The superannuation sector's response to the government's decision has varied, with the industry super movement quick to point out the government's decision to allow early access to super came without the consultation of ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
A $16.5 billion industry superannuation fund is set to take over Perpetual's MySuper offering in a successor fund transfer. On or around May 1 members of Perpetual MySuper will transfer to CareSuper. According to Rainmaker data, the transfer will ...