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Showing 641 - 650 of 4805 results for "super funds"

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
... unlisted property valuations, particularly in the office sub-sector." In addition to AMP's performance, several other super funds have reported their FY23 results. Brighter Super registered a return of 10.62% for its MySuper investment option. Aware ...

Hostplus tops up mandate, returns 8% to members

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... When looking at what drove returns, Hostplus chief investment officer Sam Sicilia reiterated the sentiment of most super funds. "The FY23 performances across the industry relate, in their entirety, to the proportion of equities in a portfolio," he said. ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... Retirement Income Covenant took effect, a joint examination of 15 trustees by ASIC and APRA reveals that not only are super funds dragging their feet in implementing the covenant, but there is also a lack of quality in what is on offer. From 1 July 2022 ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... he is interested in "what can be done around trusted information exchanges" between Centrelink, the tax office and super funds. "I haven't dived into any level of detail, but I've got a circle around something that would immensely improve the ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... costs for disability products, both income protection and TPD, remains the biggest challenge for the industry. As for super funds, Watson stated health and wellness strategies are also key elements of any super fund's services. "The provision of ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... Dyall added that it was perhaps former institutional partners (maybe commonly owned life companies, stat funds, retail super funds and the like) in the process of unwinding previously mutually beneficial corporate deals. Other managers that lost significant ...

Sequoia expands professional services arm

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... Corporate assists accountants, financial advisers, and lawyers with the formation of companies, trusts, and self-managed super funds. Meanwhile, Castle Legal is its boutique legal practice subsidiary. Sequoia said the acquisition of the Castle businesses ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... trillion in superannuation assets. If trends - namely that retirees own already own about half the assets held by many super funds - continue, within a decade this ratio will climb to 55%, on its way to 70% or more by 2042. The FUM ratio for APRA-regulated ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
While super funds' returns might have recovered, member satisfaction certainly hasn't. In fact, a new report shows it's fallen even further. The latest CSBA FEAL Superannuation CX Benchmarking report found 25% of members who had recently engaged with ...

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... review by WPR's auditors. Overvaluation of property assets has been scrutinised in recent times, particularly as super funds release their annual returns. Adding to the property sector's woes are supply chain problems, however higher interest ...