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Showing 31 - 40 of 154 results for "FIRST Super"

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... announced a reduction in weekly insurance premiums for death, terminal illness, TPD, and income protection cover. First Super reduced the weekly cost of its default insurance cover, prompted by fewer than expected claims in previous years. For death ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... products at May end. ASIC placed interim stop orders on both its superannuation and Voyager offering, becoming the first super trustee to receive them. In doing so, ASIC cited inconsistencies in the offerings' respective target market determinations. ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
Two industry super funds have frozen future contracts with PwC, while others with contracts for audit or other services with the embattled management consultancy are keeping a watchful eye on developments. As reported by Financial Standard, Treasury ...

Spaceship told to cease super, funds distribution

JAMIE WILLIAMSON  |  FRIDAY, 2 JUN 2023
Spaceship is the first superannuation fund to be slapped with stop orders, which have also been applied to its Voyager Funds series. The orders apply to the Spaceship Earth Portfolio, Spaceship Origin Portfolio, Spaceship Universe Portfolio, and Spaceship ...

First Super awards ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2023
First Super has appointed IFM Investors to manage a new indexed international equities strategy with a focus on governance and labour rights. The new strategy is designed to provide exposure to a diversified portfolio of global (ex-Australia) publicly ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
The number of Millennial-targeted super funds continue to fall by the wayside, halving to just 14 nearly a decade after attempting to disrupt the superannuation sector. Touted as pioneers in the super industry, the likes of Future Super and Virgin Super ...

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
... data said the median return was 4.3%. On a year-on-year basis, industry funds also tended to outperform retail funds. First Super Personal - Balanced (1.9% p.a.) and CareSuper Personal - Balanced (0.8% p.a.) were the only options to record positive returns. ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... in assets. These include Alcoa of Australia Retirement Plan, Australian Meat Industry Superannuation Trust, BUSSQ, First Super, Meat Industry Employees Superannuation Fund, Perpetual WealthFocus, Qantas Super, REI Super and TWUSUPER. Several other funds ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... in April 2021. In the 12 months to September end, the top performing single strategy or default products came from First Super, Christian Super, Lutheran Super, State Super and CareSuper. The best performing lifecycle products were Australian Retirement ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... consolidate that gripped the $3.4 trillion superannuation sector in recent times may be finally over, according to First Super chief executive Bill Watson. Instead of seeing big funds gobbling up smaller rivals, Watson expects more considered mergers ...