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Showing 41 - 50 of 2275 results for "Industry fund"

Super funds break records, inactive accounts balloon

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
As superannuation fund assets continue to hit record highs, with AustralianSuper leading the pack at $387.6 billion, the number of inactive accounts is also ballooning, APRA's latest statistics reveal. APRA superannuation fund data for June 2025 ...

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Equity Trustees saw funds under administration and supervision (FUMAS) rise 28% to $254 billion in FY25. In addition, revenue rose 7% to $182.5 million, statutory net profit after tax rose 60.4% to $33.2 million, and underlying net profit before tax ...

Legalsuper appoints chief risk officer

JAMIE WILLIAMSON  |  TUESDAY, 12 AUG 2025
... alongside investment performance, the fund said. "Christine joins us having previously worked with another Australian industry fund and brings with her specialist risk management expertise combined with pertinent certifications and qualifications making ...

CALI launches review of Life Code

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
... strengthening accountability across the financial sector. He is currently the chair of the Financial Counselling Industry Fund. CALI chief executive Christine Cupitt said the review is intended to be thorough, inclusive, and credible. "Peter Kell is ...

IFS recovers $226m in unpaid super

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
Industry Fund Services (IFS) has collected more than $226 million of unpaid superannuation in the previous financial year, bringing its total recoveries to over $2 billion to date. Despite the effort, the ability to easily recover super is still a fair ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal ...

Cbus Super makes key ESG hire

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
... become the head of ESG at BGH Capital. With over 10 years of experience in sustainable finance, Wynter joins the industry fund serving building and construction workers after a nine-month break. Previously, she was the head of ESG research for Australia ...

First Super deputy CEO jumps ship

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
... has bid farewell to its deputy chief executive and is now on the hunt for a successor. After four years with the industry fund that serves people in the furniture and joinery, pulp and paper and timber industries, Michelle Boucher has taken a role at ...

ESSSuper, UniSuper spearhead member satisfaction

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... Australian Ethical. Overall, member satisfaction rose from 66% to 68%, with retail funds closing the gap, though industry fund members remained more satisfied on average, the analysis found. "These results confirm that service-led strategies are paying ...

Small industry super funds beat giants on trust, service, value

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
... command much higher trust levels than larger funds, where members sometimes feel like they're just a number. Small industry fund members, nevertheless, reported some of the highest levels of switching intent, with 29% considering a move to another super ...