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Showing 581 - 590 of 4874 results for "FAR"

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... Super For Life Advance Higher Growth - were among the worst performers. APRA deputy chair Margaret Cole said there are "still far too many products delivering sub-standard investment returns to fund members". "As a result, APRA's supervision of poorly ...

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
Brighter Super has provided an update about its pending merger with Suncorp's superannuation business, which will officially occur on June 1. Suncorp Super or the SPSL Master Trust members will be transferred to Brighter Super and see their account ...

ETF industry continues growth: Betashares

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
... $0.7 billion, or 25% of the monthly growth, he added. He said over the last 12 months the industry has grown, "albeit at a far slower pace than previous years - with an increase of 5.3% year on year, or $7.2 billion." Fixed income exposures led the way ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... also believes the pause will remain. "For the RBA, the key is what the jobs market means for wages growth. Importantly, so far, despite the unemployment rate being at a multi-decade low of 3.5% for almost a year, it has not yet been enough to generate ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... Australian Institute of Superannuation Trustees (AIST) says the proposed changes to the Your Future, Your Super regime don't go far enough. AIST chief executive Eva Scheerlinck said that while some measures align with AIST's views, others fall short. ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
The government has opened consultation on its proposal to increase the concessional tax rate for superannuation balances over $3 million. Under the proposal, individuals with super balances over $3 million would see their tax rates on earnings double ...

Canadian pension fund buys Aussie spud farm

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
The Ontario Teachers' Pension Plan Board (OTPP) and its Australian agriculture subsidiary, AustOn Corporation acquired a majority interest in potato growing giant Mitolo Family Farms. With more than 50 years of operations, Mitolo Family Farms is the ...

Super funds back new renewables platform

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2023
Aware Super and HESTA are among those to back Palisade Investment Partners' newly established renewable energy platform, combining five of its operational renewable energy assets. Palisade has launched Intera Renewables, which will focus on a combination ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... to consider the human impact of the proposed super reform. "I don't begrudge the fact there are some people who do have far too much in super and who arguably could afford to pay the additional tax. But many small businesspeople and farmers are asset-rich ...

NGS Super suffers cyber-attack

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... to the super industry from cyber breaches and fraud. "Luckily there hasn't been a material cyber incident in super so far; but our work highlights the need for a broad uplift in cyber risk management," Ellis said. She also noted that all APRA-regulated ...