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| | | Acenda has appointed Lee Sammartino to the new role of general manager of superannuation partnerships, a key role in its drive for growth in group insurance. Sammartino, who began this week, brings nearly 30 years of experience in financial services ... |
| | | | ... Management. The class action - which has been lodged in the Federal Court of Victoria - has been filed against N.M. Superannuation Proprietary Limited (N.M. Super) and has also been commenced against AMP Superannuation and Resolution Life. "The proceedings ... |
| | | | Aware Super has delivered a return of 11.9% for its Future Saver High Growth option - its default MySuper option for under 55s - for the 2025 financial year. Retirees invested in Aware's Conservative Balanced option also enjoyed strong performance with ... |
| | | | HESTA's MySuper Balanced Growth option has delivered 10.18% for the 2024/25 financial year, with the fund crediting the performance of listed equities and prudent management of market volatility for the result. The outcome represents the third consecutive ... |
| | | | ASIC warns it will take a deeper dive into the roles that financial advisers, superannuation platforms and research houses are playing in members being pushed into high-risk investment schemes. The corporate regulator is closely looking at the entire ... |
| | | | The $57 billion super fund is making the move from VMware Cloud on AWS to Microsoft Azure as it looks to create a more modern, cost-efficient environment. CareSuper has mandated Macquarie Cloud Services to migrate and recalibrate its cloud environment ... |
| | | | ... want or need but that he forced them to take out in order to access the cash. Those policies were funded via their superannuation accounts, significantly eroding their balances. He was banned for 10 years from being involved in the running of a financial ... |
| | | | ... collection, annual compliance agreements entered with the CFMEU for the sole purpose of recovering outstanding superannuation contributions from employers -aside from recommendations to enhance board-level reporting on these expenses - were otherwise ... |
| | | | ... and 9% in international fixed income. "We realised that it is increasingly challenging for large funds, and any superannuation fund, given the pace of growth of super versus the Australian market, to maintain our domestic allocation, because we use index ... |
| | | | AMP delivered strong returns for its MySuper and Future Directions members in the year to June 30. For the period, members of AMP's MySuper 1970s, 1980s and 1990s options have achieved returns of 12.7%, 12.9% and 12.8% respectively. Meanwhile, MySuper ... |
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