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Showing 521 - 530 of 1307 results for "AustralianSuper"

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... funds at odds with ratings agencies which score "team stability" very highly. In May this year, Lonsec downgraded AustralianSuper from recommended to investment grade due to high staff turnover. "There is definitely a challenge for fund managers when ...

Adviser charged with stealing super

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... Australia's largest licensees, Synchron (2016-2018) and AMP (2013-2016). Goel's behaviour was uncovered when AustralianSuper handed ASIC a report in 2019 containing concerns the fund held. Goel had submitted numerous applications to AustralianSuper ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... billion in Australian-sourced assets. In superannuation, Vanguard manages money for at least three funds, including AustralianSuper (until this December) and State Super (until 2023). The AustralianSuper and State Super mandates totaled about $1 billion ...

Super-backed company develops COVID treatment

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
A biotech company backed by AustralianSuper, HESTA, Hostplus and Statewide Super has developed a new preventative treatment shown to reduce COVID-19 levels by up to 96%. The product, INNA-051, is being developed by Ena Respiratory, and works by stimulating ...

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... premiums for a small portion of its members (about 3%) by 73%. In April this year Australia's largest super fund, AustralianSuper, put income protection premiums up by an average of 19.3%.

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
... found UniSuper has the highest customer satisfaction rating out of the industry funds, followed by CareSuper, AustralianSuper, Hostplus, HESTA, Cbus, Sunsuper, First State Super and Rest. The highest placed retail fund was Colonial First State followed ...

AMP tops worst-performing super funds list

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
... products named respectively. In the "Fit Cat" category or the best-performing funds, UniSuper (7), IOOF (5) and AustralianSuper (4) rated highly in terms of the best value for money and performance. Among the balanced funds, AMP Capital's Dynamic ...

ERS tab hits $33.3bn

ALLY SELBY  |  MONDAY, 21 SEP 2020
... than 2% of payments were made to members within nine business days. Since the scheme's inception on April 20, AustralianSuper has coughed up the most in payments ($4.5 billion), followed by Sunsuper ($3.2 billion), REST ($3 billion) and Hostplus ($2.8 ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... obligations by continuing to offer direct debits. QuickSuper is used by a number of super fund providers like AustralianSuper, BT, CareSuper, Hostplus and Statewide Super. Without the ease of SG automatic deductions from their accounts, some employers ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
... super funds the report looked at were not aligned with the net zero by 2050 target. About 55% of funds (including AustralianSuper, BT, CareSuper, CBA Super, Hostplus, Macquarie, Mercer, QSuper, Rest, Sunsuper and TelstraSuper) were undertaking activities ...