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Showing 691 - 700 of 4848 results for "Super funds"

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 ...

Frontier calls for better unlisted asset valuations

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... placing more emphasis on correct valuation practices. APRA has criticised the valuation processes for unlisted assets in super funds, highlighting an overreliance on external parties and inadequate governance. Previously, the regulator found that very ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... that pushed super fund performance in the red. The listed and direct property sector continues to be a bugbear for super funds. Those invested in Dexus would have copped a $1 billion loss or 6% drop in value. Chief investment officer Ian Patrick said ...

Performance test excluding retirement products is "crazy": Podcast

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... funds to reassess their underlying asset allocation," he said. By having a better diversified portfolio, Linden says super funds can achieve higher risk-adjusted returns and lower volatility. "But the way the test works at the moment, it nets out the ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
Super funds are not doing enough to address duplicate member accounts, with an ASIC review forcing some trustees to remediate members. Under the Superannuation Industry (Supervision) Act 1993, super trustees must have processes in place to tackle multiple ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
JPMorgan's ' The Future of Superannuation ' report highlights how Australia's largest super funds are leveraging their scale to invest offshore and bolster their internal investment capabilities. This strategic shift is particularly ...

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... trustees that came under ASIC's review was deliberately diverse, representing a mix of industry, retail, and corporate super funds, with internal and outsourced administration arrangements, it said.

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... "offering" the product. "It is hardly surprising that many trustees do not want to take the risk," he said. Not all super funds currently offer intra-fund advice. Trustees without a licence to provide personal advice can include lifetime pensions in ...