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Showing 751 - 760 of 18082 results for "superannuation"

Mercer Super, Virgin Money Super members caught in Australia Post burglaries

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
... it does not know the exact number of members that may have been impacted. Virgin Money Super is part of Mercer Superannuation. Mercer Super Trust has more than one million members and $74 billion in assets under management, according to APRA's latest ...

Two more Shield Master Fund advisers banned

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... banned another two former financial advisers of MWL Financial Services that were involved in investing clients' superannuation into the Shield Master Fund, as well as other breaches of obligations. Former financial advisers of MWL, Rocco D'Amelio ...

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
... Guardian Master Fund and Shield Master Fund for allegedly operating a Ponzi scheme with thousands of Australians' superannuation savings. Slater and Gordon principal lawyer in class actions Andy Wei said the firm is investigating claims that investors ...

REI Super delivers double-digit returns in FY25

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
REI Super, an industry superannuation fund primarily for real estate professionals, has returned 10.34% in its MySuper option for the year ended 30 June 2025. Over the same period its balanced pension option achieved 11.40%, while the Growth Plus and ...

Federated Hermes 'not far away' from launching Australian wholesale products

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Federated Hermes has primarily engaged with the institutional market, notably superannuation funds, in Australia, but this is set to change as the firm looks to tap into the local wholesale market. Federated Hermes international head of sales Clive ...

AustralianSuper taps NYC pension deputy CIO

MATT TOLEDO  |  THURSDAY, 24 JUL 2025
... which manages the NYCRS's investments, in June. In his new role, Kądziela will be responsible for deepening the superannuation fund's relationships with existing investment partners while identifying new ones. He will report to Aaron Witte, senior portfolio ...

Investments, advice complaints jump 18%

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... only highlights the need for the Compensation Scheme of Last Resort for victims of unlawful advice." Conversely, superannuation complaints dropped 16% year on year to 6164, while life insurance-related complains rose 5% year on year to 1518. One bright ...

Prime Super delivers double-digit returns

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
Prime Super has delivered 10.82% investment returns to members within its MySuper option marking the third consecutive year of returns above 9% for the fund. The super fund has also dropped transaction costs from 0.2% to 0.06% for those in the MySuper ...

Cbus closes corporate super plan

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
Cbus will close the AME Systems Corporate Super plan and transition members to Cbus Industry Super, effective 1 September 2025. As a result, members will see changes to their insurance cover. "As per the agreement between AME, Cbus Super and the insurer ...

Aware Super expands European footprint

MATTHEW WAI  |  WEDNESDAY, 23 JUL 2025
Aware Super has announced it has acquired APG's stake in apartment-hotel owner and operator The July. Having already acquired a stake of the business in July 2020, it is now the majority shareholder. The announcement is a part of the super fund's ...