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Showing 741 - 750 of 4806 results for "super funds"

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... billion, while public sector funds experienced the largest drop of 24% to finish 2022 at $484.1 billion. The self-managed super funds sector was also down, declining 2.4% year on year to $880.6 billion. Meanwhile, MySuper products declined in line with ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... the whitepaper said. Nevertheless, Optimum Pensions managing director David Orford told Financial Standard that many super funds are considering uninsured products. Trustees of self-insured super funds must be aware of the risks associated with ignoring ...

SMSF sector hit the reset button: Research

CHLOE WALKER  |  TUESDAY, 28 FEB 2023
... long to bounce back, how they're used has changed. According to insights from Rainmaker Information, the self-managed super funds (SMSF) sector grew its funds under management (FUM) by 5.8% per annum over the last five years. However, this was slower ...

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... Corporations Act to allow for all financial product advice to be considered personal financial advice. This includes enabling super funds to provide personal advice to members and be subject to the proposed Good Advice Duty. However, many fear that superannuation ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... across all industries under Prudential Standard CPS 234 Information Security. "Our intention is that all APRA regulated super funds will be assessed in 2023," Ellis says. Additionally, APRA is chairing a working group on fraud risk within the super industry ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... simplification, Insignia said it is targeting a reduction in RSE licences from four to one, reducing the number of super funds it offers from nine to one or two, offering just one or two platforms as opposed to the six currently on offer, and reducing ...

Link Group secures mandate renewal

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... Solutions chief executive Dee McGrath said. "Link Group plays a critical role in facilitating this transformation for super funds, supporting the use of data, enabling funds to improve the overall experience for members and employers, resulting in better ...

The super investments driving future economic growth

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... research paper said superannuation will play a key role in funding Australia's future infrastructure. It also notes super funds have made significant progress in growing their infrastructure assets over the past decade, increasing from $30 billion ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... north - a shared goal that we can work towards together." Chalmers added that the new objective doesn't preclude super funds from investing in nation building projects that benefit the broader economy. "Those opportunities to achieve a double dividend ...

Allianz Retire+ launches new retirement income solution

CASSANDRA BALDINI  |  MONDAY, 20 FEB 2023
... pipeline of innovative products that deliver certainty and flexibility and developed the solution in consultation with super funds and the adviser community. "When we talked to advisers, retirees, and super funds, it was unanimous. Retirees need certainty ...