The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 41 - 50 of 100+ results for "AustralianSuper"|
|... whether the bank has ever paid dividends to the 26 industry superannuation funds that own the bank (including AustralianSuper, Hostplus and UniSuper). "If you've got a sole purpose test that money is supposed to be invested on behalf of members to ...|
|... Meanwhile, 24 funds paid 99% of requests within the necessary timeframe and 18 funds did so for 98% of requests. AustralianSuper paid out 99,350 members to the tune of close to $764 million. About 98.9% of these were processed within five days. Hostplus ...|
|... resulted in the closure of those member accounts. Link is administrator for a number of super funds, including AustralianSuper, AMIST Super, BUSSQ, Cbus, HESTA and Hostplus. Link said it has seen increased member activity, with contact centre volumes ...|
|... funds for the industries hardest hit by COVID-19 not far behind. Australia's largest fund, the $185 billion AustralianSuper, has already paid out over $1 billion in early release to more than 140,000 members. AustralianSuper said 93% of the applications ...|
|... Hostplus starting February 28. In June last year, AMP lost its mandate as default fund for Australia Post to AustralianSuper. AMP Australia chief executive Alex Wade said he was delighted to be continuing AMP's long-term partnership with the AFL Players' ...|
|At a virtual round table hosted by QIC the chief investment officers of AustralianSuper, LGIAsuper and more defended allocations to illiquid assets. Following weeks of scrutiny over potential liquidity issues facing super funds, the chief investments ...|
|... decades was already coming to a peak before COVID-19 hit. "If Sunsuper and QSuper merge they'll be bigger than AustralianSuper. It almost starts to get to the point where you say, do we have enough competition? We're a fair way from really having ...|
|... as at December end. For MySuper products with a single investment strategy (as opposed to lifecycle products) AustralianSuper was on top. The largest super fund in Australia has over $100 billion in its MySuper strategy and returned 16.8% over one year ...|
|AustralianSuper has already paid out close to $320 million to members under the early release scheme as it readies to release a further $330 million. The super fund said it has received requests from about 85,000 members so far, representing about $650 ...|
|... superannuation fund has revised down the value of its property and infrastructure in response to COVID-19, joining AustralianSuper, UniSuper and Hostplus. LGIAsuper reduced the valuation of its property portfolio by 5% and infrastructure portfolio by ...|
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|