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| | | ... through trade unions, and Australian industry, through employer groups, on profit to member ('industry') superannuation fund boards." Meanwhile, Super Members Council chief executive Misha Schubert also spoke out against the Senate report saying ... |
| | | | ... financial future so they can look forward to retirement. "Australian Retirement Trust is a profit-for-members superannuation fund, and this foundation motivates its member centric culture and approach. Throughout the merger process, ART has demonstrated ... |
| | | | ... the social determinants of health, and his emphasis on the significance of early childhood investment. The superannuation fund thanked outgoing director Deborah Cole for her contribution over the past 10 years, serving as deputy chair and recently chair ... |
| | | | Rest is the latest fund to botch its handling of insurance - this time for incorrectly charging uninsured members for coverage - adding to a growing pile of industry failures. Rest's mishandling comes as other major superannuation funds have been caught ... |
| | | | New research shows that self-managed superannuation funds (SMSFs) outperformed APRA-regulated funds by 1.2 percentage points per annum in the five years to June 2023. According to research from the University of Adelaide's International Centre for ... |
| | | | Cbus is under investigation by APRA for possible breaches of superannuation legislation, with the regulator announcing the probe alongside a court-enforceable undertaking to address the super fund's risk management and oversight of key fund services. ... |
| | | | AMP is rolling out a new digital advice solution, in partnership with Bravura, providing its super fund members with retirement guidance. AMP Super's digital Retirement Health Check will allow its 700,000 members to find out when they can access ... |
| | | | The UK National Employment Savings Trust (Nest) will take a 10% stake in Industry Super Holdings, the parent company of IFM Investors. Nest said it would primarily invest in IFM's alternate asset investments. An IFM spokesperson told Financial Standard ... |
| | | | Industry superannuation fund BUSSQ has lost its legal challenge against APRA, with the Federal Court dismissing its bid to overturn additional licence conditions. Last August, APRA imposed additional licence conditions on BUSSQ's trustee over concerns ... |
| | | | ... AustralianSuper, meanwhile, spent the most on union-related board and committees with $709,000, followed by TWU Superannuation Fund with $499,000 and Mine Super with $408,000. Overall, super funds' expenditure grew 15% in the year to $12.7 billion. ... |
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