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Showing 31 - 40 of 464 results for "Master Trust"

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... a hit, down to $117 million from $155 million year on year. The biggest factor impacting the result was North and Master Trust strategic repricing in 2021 as well as the release of AMP Bank credit loss provision which was partially offset by cost reductions. ...

MLC Life Insurance joins forces with Insignia Financial

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... integrated online platform that's removed the need for paper forms and documents. Insignia Financial general manager of master trust and insurance products Sam Wall said the digital experience is a leap forward for how members can make a claim. "We know ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... year. The division saw $5.2 billion in net cash outflows, an improvement from the $7.8 billion lost in FY20. The master trust business had $62.9 billion in assets under management, which was $2 billion higher than FY20. All in all, total AUM increased ...

CFS awards platform technology mandate

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
... WealthFocus, and AMP's North. CFS Super chief executive Kelly Power said: "While we already have a strong position in the master trust platform segment, this will greatly strengthen our competitiveness in the wrap platform sector, deliver substantial ...

New adviser, intermediary solutions lead at Russell

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
... three separate clients. Clayton Utz, Byrnecut Group and an unnamed reinsurer have tasked the Russell Investments Master Trust to oversee their employees' superannuation plans. Some 2500 new employees have joined the master trust.

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... AMP Capital Multi-Asset and SS Select - AMP Capital Multi-Asset options. Equity Trustees Superannuation, with AON Master Trust and Zurich Master Superannuation Fund as trustees for different products, saw a sea of amber and red for options such as Zurich ...

Link enters UK pension market

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... experience. Link Group Retirement Solutions will first launch a digital-first solution to the defined contribution (DC) and Master trust administration market with the aim of reducing costs and increasing member engagement. The front-to-back office solution ...

Largest asset owners grow: WTW

JAMIE WILLIAMSON  |  WEDNESDAY, 24 NOV 2021
The world's largest asset owners grew by almost 16% last year, but Australia's largest superannuation fund has slipped in the rankings. The latest research from Willis Towers Watson's Thinking Ahead Institute shows the world's largest 100 asset owners ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... MySuper No. 3 (20bps) and Australian Ethical's $1.9 billion balanced fund (17bps). These are followed by Russell Master Trust general division and Asgard employee MySuper ((15bps improvement each), Prime Super and Colonial First State FirstChoice Superannuation ...

Industry Fund Services executive departs

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... Insurance Services Harumi Hancox joined AIA as its head of strategic partnerships, with responsibility for AIA's master trust clients. Effective May 21, IFS closed AUSfund, which was set up 33 years ago as a fund for unclaimed or dormant superannuation ...