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Showing 501 - 510 of 4846 results for "Super funds"

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... carrying high, single digit returns," he said. Preliminary Chant West estimates show the median growth fund return for super funds in FY24 is at about 9%. As of today, ART introduced changes to its lifecycle strategy, which affects how members' money ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... the portal is expected to enhance APRA time to decision, and improve operational efficiencies for both itself and super funds.

FSC releases new standard on scam mitigation

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... property scam detection and prevention, and being aware of high-risk transactions. The new Standard also sets out that super funds should ensure their customers are aware of existing policies that relate to the resolution of customer complaints as they ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... Morgan said. "By scrapping its coal exclusion policy, Vision Super is out of step with member expectations as many super funds are dumping all investments in thermal coal. "It's alarming that Vision Super has withdrawn its thermal coal exclusion policy ...

Citi Australia appoints debt capital markets lead

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... sales and solutions (FISS). Her new responsibilities include overseeing engagement with institutional partners such as super funds, asset managers, insurers, and wealth platforms. Ashton returned to Citi in 2022 serving as director of equities. Prior ...

Early contributions boost retirement balances

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... make these informed financial decisions. And when individuals are better off, the wider community is better off too. "Super funds are perfectly placed to help Australians by offering advice at scale, using a hybrid approach that combines cutting-edge ...

Smaller super funds eye AustralianSuper, ART dominance

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... with $892,461 and $568,184 respectively. The Public Sector Superannuation Scheme came in third spot with $487,058. Super funds with a relatively smaller membership base reported substantial assets under management. A report by KPMG found that size of ...

HESTA awards global private equity mandate

ANDREW MCKEAN  |  WEDNESDAY, 19 JUN 2024
... 2003 across multiple strategies, including a responsible investment focused mandate. Despite the broader trend of super funds cutting external mandates, HESTA awarded the second most external mandates in 2023 (21) - the largest being a $1.5 billion global ...

Ageing Australians rapidly shifting retirement planning

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... advisers refining their advice offering to meet these changing needs. "After conversations with countless advisers and super funds, we have identified a huge demand for education and clarification around new-era lifetime income solutions emerging in ...

Average super balances fall

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... individual income tax ($266.7 billion), 24.2% from companies ($128.1 billion), 14.3% from GST ($76 billion), 5.5% from super funds (29.1 billion), 4.3% from excise ($22.6 billion) and 1.5% from other taxes ($7.5 billion). The average superannuation account ...