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Showing 481 - 490 of 4776 results for "Super funds"

Advised investors spurring SMSF rebound

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
Uncertain market conditions in 2023 spurred a rebound in the number of self-managed super funds (SMSFs) seeking financial advice. According to new research from AUSIEX, new SMSF account openings were driven by advised clients as the number of self-directed ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... will halve over the next decade, says Mercer. In its inaugural Shaping Super report, Mercer predicts the number of super funds in Australia will decline by another 30% over the next five years and that the number of smaller funds - being those with less ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... around your day of birth. "Following your 50th birthday any future contributions, including any rollovers from other super funds, will be allocated across the investment Pools, with an increased proportion going to the Balanced and Cash Pools as you ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... fees Hostplus also highlighted in its submission that WMPs often have undisclosed commercial arrangements with the super funds they present to employees. To promote transparency and ensure that employees can make informed decisions based on proper facts ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... statement, treasurer Jim Chalmers said this isn't about government directing super investment - it's about making sure super funds are able to invest in ways that deliver the best possible returns. "The performance test is driving good outcomes, but ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... tougher economic conditions." The gender pay gap on base salaries in financial services is currently 23.6%. White said super funds and asset managers can do more to help women now with the effect of easing the financial worries at the time of retirement. ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
Superannuation research shows that retail funds dominated in the 12 months to January end. League tables show Vanguard Super's default lifecycle investment option bested competitors for the year ending 31 January 2024. According to Rainmaker Information ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... Rainmaker said. This, despite APRA data showing that only 3.3% of retirement age members in not-for-profit and retail super funds have more than $1 million in their super account. Almost half of the total have less than $100,000 in retirement savings. ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... under management (AUM) of $1.3 trillion is where most Australians park their money, growing 15% year on year. Retail super funds' AUM grew at a slower pace of 8% to reach $713 billion. There are now 108 APRA-regulated entities with more than six members ...

Rest awards impact mandate

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
... growth leveraged to decarbonisation solutions." Singh called investing in listed impact opportunities "exciting" for super funds. "While impact investments are more commonly found in private markets, the opportunities in public markets are rapidly evolving ...