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Search ResultsShowing 61 - 70 of 100+ results for "AustralianSuper"
COVID-19 shaves $290bn off super
KANIKA SOOD  |  WEDNESDAY, 25 MAR 2020
... Rainmaker executive director of research and compliance Alex Dunnin said. The country's largest superannuation fund AustralianSuper, for example, lost about 13.3% in the three-week period. The fund has since revised down its returns further, as it revalues ...
Super funds revalue unlisted assets
HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
... unlisted assets to give members an up-to-date understanding of how COVID-19 is hitting their retirement savings. AustralianSuper has cut the value of its unlisted assets to the tune of 7.5% on average, leading to a 2.2% reduction to the fund's $126 billion ...
Volatility hits super funds
HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... in perspective and realise that long term outcomes have been good to members." Also responding to enquiries, AustralianSuper chief investment officer Mark Delaney told Financial Standard it is important for fund members to keep in mind that superannuation ...
Latest data reveals super admin problem
ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... complaints, followed by AMP Life, OnePath Life and Westpac Life. Data also revealed the nation's largest fund AustralianSuper received the most complaints at 262. About 122 of those were resolved by agreement, 36 resolved in favour of the fund and three ...
Fidelity sweeps Morningstar Australia Awards
KANIKA SOOD  |  MONDAY, 2 MAR 2020
... One interesting category was fund manager of year: multisector, whose finalists included a superannuation fund (AustralianSuper), a multi-manager (Advance Asset Management), and an indexed manager (Vanguard). Vanguard took home the award, with Morningstar ...
SG amnesty bill finally passes
HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... tirelessly to ensure the integrity of the superannuation guarantee," Hume said. The Liberal Senator and former AustralianSuper employee noted that neither of the two committee's the bill was sent to raised the issue, leading the government to believe ...
AustralianSuper SG modelling paints dismal picture
KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... comfortable retirement even with a 12% superannuation guarantee, according to the fund's internal modelling. AustralianSuper calculated expected balances for four cameos (average male member, average female member, new starter and older member) at ...
Frontier Advisors welcomes AustralianSuper director
ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
Asset consultant Frontier Advisors has appointed a new director to its board who will represent part-owner AustralianSuper. John Dixon will replace Lucio Di Bartolomeo as the appointed representative of AustralianSuper. Di Bartolomeo was appointed to ...
Fund managers driven to alternatives: Report
ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... funds, and found that industry funds are "far more aggressive" with their allocations to non-traditional assets. "AustralianSuper, Cbus, and Sunsuper are all permitted to have the majority of their portfolios invested in alternatives," the report said. ...
Industry fund hikes admin fees
ELIZA BAVIN  |  MONDAY, 17 FEB 2020
... come into effect from 1 April 2020, making it the most recent fund to increase fees ahead of the PYS changes. AustralianSuper, HESTA, MTAA Super and VicSuper are amongst some of the other major funds to pass on an increased fee to members. The government ...
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