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Showing 681 - 690 of 12472 results for "TRU"

Mercer SmartPath returns exceed 12%

KARREN VERGARA  |  TUESDAY, 8 JUL 2025
Mercer Super Trust's default lifecycle option made more than 12% p.a. for the 2025 financial year for members aged between 18 and 52. The Mercer SmartPath returned between 12.3% p.a. and 12.6% p.a. For the same age range over a five-year horizon ...

Barings expands into local self-storage sector

MATTHEW WAI  |  MONDAY, 7 JUL 2025
The asset manager has acquired a majority stake in Swift Storage, committing $200 million in seed investment. The acquisition includes majority ownership in both the existing portfolio of assets and the operating business. Swift Storage was founded ...

AustralianSuper's MySuper option returns 9.5%

KARREN VERGARA  |  MONDAY, 7 JUL 2025
AustralianSuper's MySuper option delivered 9.5% p.a. for members in the 2025 financial year, slightly trailing behind its peers. The MySuper Balanced option, in which the majority of its nearly 3.7 million members are invested, has about 25% invested ...

Insignia finalises 1300 staff transfer to SS&C

KARREN VERGARA  |  MONDAY, 7 JUL 2025
Insignia Financial has finalised the outsourcing of about 1300 staff who worked in the master trust business to SS&C Technologies after striking a deal in February. Last week, staff working in administration, technology and digital teams that support ...

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
Shine Lawyers filed a class action against AMP this week alleging AMP Superannuation has slugged investors with excessive insurance fees. Shine Lawyers confirmed the class action has been filed in the Federal Court of Victoria on behalf of hundreds ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
The Compensation Scheme of Last Resort (CSLR) has released a FY26 revised levy estimate, coming down slightly from the figure estimated in January. The CSLR said the need for a revised estimate was triggered due to the initial levy estimate, issued ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
ASFA has released a new ASFA Service Standard - Claims Handling in Superannuation: Insurance and Health Related Claims, which it said is a significant step forward in improving member outcomes. ASFA said the new standard was made to guide superannuation ...

Movers and shakers: Cbus, HESTA, Rest, Minderoo and Colonial First State

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
Cbus Super has farewelled Divya Jain who has joined Rest Super as a senior portfolio manager as the $80 billion fund continues to strengthen its asset allocation team. Jain spent two years at Cbus after a seven-year stint at AustralianSuper, where she ...

Acenda hires from Hostplus

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
Acenda has appointed Lee Sammartino to the new role of general manager of superannuation partnerships, a key role in its drive for growth in group insurance. Sammartino, who began this week, brings nearly 30 years of experience in financial services ...

LGT Crestone promotes investment duo

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
LGT Crestone has announced two senior promotions within its chief investment office, strengthening its asset allocation and capital markets leadership. Firstly, the private wealth firm has promoted Matthew Tan to head of asset allocation, acknowledging ...