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Showing 71 - 80 of 1937 results for "industry super"

Spirit Super negotiates premium drop

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
The industry super fund has negotiated a new three-year rate guarantee with its group insurer MetLife, resulting in an almost 25% decrease to some premiums. Members will save about $51 million over the life of the agreement, Spirit Super said. Fees ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
Industry super defied the odds by growing its asset pool by 14% at the end of 2022 while other sectors contracted. According to APRA's latest statistics, industry super fund assets reported double-digit growth to reach $1.1 trillion compared to the ...

Commonwealth Super Corp hires former MTAA investments lead

ELIZABETH FRY  |  FRIDAY, 17 FEB 2023
... of MTAA Super's investment function. He departed the $13 billion fund that serves the motor trades after the industry super fund merged with Tasplan to become Spirit Super on 1 April 2021. Ross Barry was subsequently named chief investment officer ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... will drastically reduce unpaid super and give four million plus workers better investment returns, according to Industry Super Australia (ISA). In its pre-budget submission, ISA said that the "outdated law" is the key reason workers have been underpaid ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
Amid a year of economic turbulence and soaring inflation, Financial Standard's most read stories reveal attention was once again focused on the evolving superannuation sector. The worst performing super products and funds underscore the majority ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... said the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds. "Mine Super and TWUSUPER share the vision of creating a sustainable fund which protects and promotes the interests of ...

Rest names new independent chair

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
Rest chair Ken Marshman will step down at the end of the year, to be replaced by a former Victorian government minister. Marshman has been on the Rest board since December 2017 when he joined as an independent director. In July 2014, he became independent ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... floodgates to supplementary performance tests to the detriment of product holders. Correspondingly, a submission by Industry Super Australia (ISA) said that the performance test should be applied consistently to all super products. "It's not clear ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... Australians of faith the opportunity to invest their super in accordance with their religious beliefs." A submission by Industry Super Australia (ISA) said that the performance test should be applied consistently to all super products covered by the ...

Cbus pledges $500m to support Housing Accord

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... supercharged." Meanwhile, as previously reported by Financial Standard, a Frontier Advisors report commissioned by Industry Super Australia said that affordable and social housing investments are more stable, and less volatile that traditional commercial ...