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Showing 61 - 70 of 784 results for super kanika sood

Plato wins $3.9bn mandate

KANIKA SOOD  |  WEDNESDAY, 14 JUL 2021
In what may be the biggest Australian equities mandate from a super fund since 2010, a retail fund recently allocated $3.9 billion to Plato Investment Management. Colonial First State FirstChoice Lifestage made the allocation to the Sydney boutique ...

Preqin expands local team

KANIKA SOOD  |  WEDNESDAY, 14 JUL 2021
The alternatives research house has hired two on its Australian team, as it looks to expand its local data coverage. Mery Apolloni has joined as a senior research associate from S&P Global Market Intelligence and Tanzila Awrna has joined as a research ...

Colonial First State reports 22.4% in super returns

KANIKA SOOD  |  TUESDAY, 13 JUL 2021
... investment horizon but we are reducing our tilt towards value to a more neutral style," he said. While CFS, like all other super funds, was a beneficiary of strong returns in equities and credit markets, Tully said the managers were able to add value ...

Active Super returns 23%

KANIKA SOOD  |  MONDAY, 12 JUL 2021
Active Super returned 23% in FY21, but its chief investment officer Craig Turnbull says the fund is watching for signs of inflation. The fund, which was previously named Local Government Super, posted its best yearly returns in its 24 year-long history ...

Hostplus deal doesn't rule out a merger: Maritime

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
Appearing before a parliamentary committee, Maritime Super provided some clarity into its partnership with Hostplus. In his appearance at the House of Representatives Standing Committee on E conomics yesterday Maritime Super chief executive Peter Robertson ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
ASIC will drop its September 4 Federal Court case against Evans & Dixon's financial advice arm for $8.2 million and declaration of 53 contraventions. Dixon Advisory and Superannuation Services (DASS) will pay $7.2 million in penalty and $1 million ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
BT Super for Life will increase the cost of its standard life insurance cover by 13.1% from August 1. The standard cover includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one ...

Superannuation complaints down 31%: AFCA

KANIKA SOOD  |  MONDAY, 5 JUL 2021
... Australian Financial Complaints Authority (AFCA) related to account administration, followed by group life insurance (30%) and super death benefit distribution (about 13%). The most complained-about super funds for FY20 were AustralianSuper (1123 complaints ...

AustralianSuper posts best year yet

KANIKA SOOD  |  MONDAY, 5 JUL 2021
The $225 billion super fund's balanced option returned 20.43% in the year ending June 30, making it its best financial year returns since its start in 2006. AustralianSuper chief investment officer Mark Delaney said the FY21 returns of 20.43% were ...

SG rise to benefit 6.7m Australians: ISA

KANIKA SOOD  |  FRIDAY, 2 JUL 2021
... will benefit 6.7 million workers, with the younger and lower-income Australians to benefit the most, according to Industry Super Australia. ISA says the average worker will contribute $233 a year extra to their retirement savings from the 0.5% increase ...