Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 767 results for %22ESS Super%22

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
Russell Investments GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5%. The GoalTracker investment option delivered a 13.5% return for members aged 50 and under, attributed ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... of complaints that arose from the superannuation sector soared 31% to 6957. A large chunk of the complaints stemmed from super funds and insurers delaying the payment of death benefits. This rose a whopping 136% annually. Singh said that many super funds ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... are falling behind. In recent months, several major institutions have fallen victim to cyber breaches, most notably NGS Super. According to MinterEllison's 2023 Cyber Risk Report, 82% of survey respondents from the financial services sector ranked cyber ...

BTR may create generation of tenants: Podcast

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... long-term renting. "The key element for Australians is the economic wealth that gets generated out of property," he said. "Are super funds now just creating a generation of tenants and not enabling property in retirement? "The BTR model has got a lot ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
Two years after announcing its major digital overhaul, Aware Super has reported tangible benefits from its transition to the Bravura Sonata Alta platform. Aware Super chief executive Deanne Stewart noted the move, initially driven by the need to consolidate ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... that increased consolidation has created more risk. In the latest episode of the Financial Standard podcast, Rao said the super industry is a lucrative target for cybercriminals, due to the sheer size of the funds it manages. "If you think about the ...

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
... recorded double-digit returns across several of its default superannuation products for FY23. The CFS FirstChoice Employer Super growth fund (Lifestage 1975-1979) delivered a 12.2% return. The CFS FirstChoice Employer Super balanced fund (Lifestage 1965-1969) ...

Iress expands superannuation leadership

CHLOE WALKER  |  MONDAY, 10 JUL 2023
... Zealand at Fidelity National Information Services (FIS). His previous roles include business development manager at Media Super, sales associate for Mercer's super and investments arm, and a sales manager role at SS&C Technologies. His first role in ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
As Baby Boomers exit the workforce, all wealth industry participants need to rise to the challenges and opportunities presented by the great intergenerational wealth transfer, AUSIEX chief executive Patrick Salis says. According to AUSIEX's latest research ...