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Showing 5721 - 5730 of 18124 results for "superannuation"

Super fund awards Aussie equity mandate

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
A $43 billion superannuation scheme awarded a mandate worth more than $200 million to Omega Global Investors. State Super allocated the funds to Omega's smart beta-plus strategy, complementing its existing Australian equity portfolio. Omega joins ...

Netwealth distribution lead exits

JAMIE WILLIAMSON  |  MONDAY, 1 JUL 2019
The head of distribution at Netwealth has left the company. The ASX-listed superannuation and investment solution provider has confirmed the departure of Nick Mitchell. A Netwealth spokesperson confirmed Mitchell's resignation, citing personal reasons. ...

Super smashes best-performing salaries list

KARREN VERGARA  |  MONDAY, 1 JUL 2019
The superannuation industry recorded the highest salary boost of nearly 50% over the last eight years, job search engine website SEEK shows. Superannuation industry employees earned $98,796 on an annual, full-time basis on average, according to SEEK's ...

Super fund introduces further group insurance changes

KARREN VERGARA  |  MONDAY, 1 JUL 2019
A $15 billion superannuation fund is making several changes to its group insurance offering in addition to the July 1 changes, which will see some members pay more for cover. CareSuper is moving from a unit-based cover for standard death and TPD insurance ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
... Tidswell, despite no less than four "millennial" funds doing so. One fund existing as a sub-plan of the Tidswell Master Superannuation Plan, Student Super, confirmed its readiness for the legislation to Financial Standard. Student Super chief executive ...

Industry funds consider $22bn merger

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
Two industry superannuation funds are considering merging to create a $22 billion superannuation fund. MTAA Super and Tasplan have entered into a binding Memorandum of Understanding to investigate a possible merger that would see the creation of a $22 ...

Industry fund secures stake in asset manager

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
A $1.5 billion industry superannuation fund acquired a minority stake in an international asset manager. Christian Super has taken a minority shareholding in responsibility Investments AG, a leading impact asset manager headquartered in Zurich. According ...

Sunsuper slashes fees

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
The $67 billion superannuation fund is reducing some of its fees as part of the Protecting Your Super changes. From July 1, Sunsuper is slashing weekly fees for pension members from $3.00 to $1.50. It will also reduce investment fees for its default ...

Bristol Street adviser banned

ELIZABETH MCARTHUR  |  FRIDAY, 28 JUN 2019
... recommendations were at complete odds with his clients' current objectives and needs. Muscat also switched clients' superannuation accounts without due investigation into their existing arrangements. In other cases, he recommended switching to more expensive ...

Industry funds up premiums

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
Members of two industry superannuation funds will be paying higher group insurance premiums from next week as the Protecting Your Super changes kick into gear. GuildSuper and Childcare Super, which are part of the $1.7 billion Guild Retirement Fund ...