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Showing 561 - 570 of 17105 results for "Billion"

Unclaimed super pot hits $19bn: ATO

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
The Australian Taxation Office (ATO) released new data revealing there is almost $19 billion in lost and unclaimed superannuation waiting to be claimed by over seven million people. ATO deputy commissioner Ben Kelly said there could be several reasons ...

Rest launches new retirement tools to increase advice appetite

MATTHEW WAI  |  THURSDAY, 30 OCT 2025
The $100 billion super fund has announced a new digital experience designed to simplify members' access to its resources for retirement needs, especially for its advice business. The Rest Retire Ready is designed to connect pre-retiree members to ...

Retirees could be out up to $136k: SMC

ANGELIQUE MINAS  |  THURSDAY, 30 OCT 2025
... each year from 150,000 to 300,000. Alongside this influx, the amount of super held by age 65 will also double, from $750 billion to nearly $1.5 trillion in the next decade. SMC provides its recommendations in the Retirement revolution: Simpler smarter ...

Uniseed appoints chief executive

RIDDHIMA TALWANI  |  WEDNESDAY, 29 OCT 2025
... impact." Miles thanked Devine for his contributions over the past two decades, which led Uniseed to raise more than $1.6 billion for 74 startups. "I would like to acknowledge the outstanding leadership of Peter Devine, whose vision and dedication over ...

Super fees continue to fall: Rainmaker

ANGELIQUE MINAS  |  WEDNESDAY, 29 OCT 2025
... consecutive year. Super fund members, including self-managed super fund (SMSF) members, paid an industry aggregate of $34 billion in fees in FY25. While this is a 5% increase in total fees paid, it is outpaced by 7% growth across superannuation funds ...

Government's rush to implement Payday Super is 'reckless': Coalition

MATTHEW WAI  |  WEDNESDAY, 29 OCT 2025
Although Payday Super addresses critical issues, including the $5 billion in unpaid super, the Coalition believes the government's "rushed implementation" of the bill could hurt the economy. Payday Super, which is slated to come into effect on 1 July ...

PacSuper extends mandate with Perpetual

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
... Aon Master Trust. Perpetual, which was first appointed in May to manage the Australian Dollar sub-fund, manages $22.5 billion across equities, fixed income, multi-asset and ESG strategies. "This is about strengthening PacSuper's investment platform ...

Housing Australia Future Fund under audit

ELIZA BAVIN  |  WEDNESDAY, 29 OCT 2025
... scrutiny since it was announced by Treasury in November 2023. It was established with an initial capital contribution of $10 billion and aimed to support the delivery 20,000 new social and 20,000 new affordable homes over the scope of five years from ...

Canadian pension giant sued over alleged climate failures

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
... associated financial risks" for its own funds, particularly in the long term. In 2024, CPP Investments said it had about $24 billion invested in fossil fuels, however the filing states this is likely an underestimation as the fund does not disclose fossil ...

MLC sets sights on top super funds

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
... According to APRA statistics, at June end across MLC Super Fund and IOOF Portfolio Service Superannuation there was about $165 billion in funds under management.