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Showing 31 - 40 of 171 results for "Australian Retirement Trust"

SSGA loses $2.4bn in two months

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
... mandate with a major client. Despite the losses, Rainmaker Information found SSGA won two mandates with Australian Retirement Trust (ART) during 2023. ART invested in SSGA's global equities and alternatives strategies worth $41.6 billion and $40 billion ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... months of 2023 totalling 936, which was nearly three times more than other major super funds like Cbus, Australian Retirement Trust (ART), and Aware Super. New data from the Australian Financial Complaints Authority (AFCA) put Australia's largest ...

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... $13 billion respectively. SSGA is a big winner in the leagues tables with two major mandates with Australian Retirement Trust (ART) - global equities and alternatives - worth $41.6 billion and $40 billion respectively. Aware Super self-manages its cash ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Expensive retail superannuation funds have finally become competitive with industry funds after bringing down their administration fees, a new analysis by KPMG shows. KPMG found that admin fees for MySuper products have come down from 0.33% to 0.26% ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... the review, the 10 trustees that ASIC looked at ranged in size, with giants like AustralianSuper and Australian Retirement Trust included alongside smaller players like AMG Super, Netwealth and Praemium. Despite her comments on scale, Constant said there ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... retirement. This is compared to only $319,000 had it remained in superannuation. However, according to Australian Retirement Trust, the average 35-year-old woman has around $76,900 in super, and the average man has around $107,700 in super. A 20% deposit ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
Australian Retirement Trust (ART) has completed its merger with AvSuper after the two super funds formalised negotiations in February 2023. The $280 billion industry superannuation giant has gained 4800 new members and added $2.43 billion in funds under ...

ART names advice and education leads

ELIZABETH FRY  |  FRIDAY, 3 MAY 2024
Australian Retirement Trust (ART) has revamped its advice, guidance and education team and created two new leadership roles. ART executive general manager for advice, guidance and education Anne Fuchs said the new team structure will best position the ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
From July 1, Australian Retirement Trust (ART) will add thermal coal to its list of exclusions. ART currently applies three exclusions when directly investing in Australian and international share asset classes across all its investment options, being ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
Australian Retirement Trust (ART) will be reducing the maximum account balance for the percentage administration fee from $800,000 to $500,000. Currently, the percentage fee applies to the first $800,000 of member account balances in each Super Savings ...