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Showing 921 - 930 of 4810 results for "super funds"

Spirit Super investment bought out

ELIZABETH MCARTHUR  |  FRIDAY, 8 APR 2022
... Super chief investment officer Ross Barry said. "Spirit has the ability to look to opportunities some of the larger super funds may pass over. Our direct investment in ANUConnect Ventures is a great example." He added that Spirit Super also considers ...

Labor vows to review YFYS test

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2022
... integrating ESG investing into a superannuation portfolio can increase tracking error, raising concerns that ESG could lead super funds to a negative outcome against the YFYS performance test. YFYS presents a challenge to the rapid adoption of ESG investing ...

28% of super products rated AAA

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... research and compliance at Rainmaker Information Alex Dunnin said. "There has been a great deal more scrutiny placed upon super funds in the last few years, and it's positive to see so many funds are consistently able to reach these AAA benchmarks ...

ASIC pushes super governance improvements

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... ASIC's surveillance found a lack of oversight and control measures in relation to investment switching at many super funds. The regulator said it had expected to find robust systems in place to prevent directors and senior executives from potentially ...

REI Super appoints to board

JAMIE WILLIAMSON  |  WEDNESDAY, 6 APR 2022
... Superannuation. "Having worked in the superannuation industry for over 35 years, I am a deep believer in the benefits that our super funds deliver to the Australian community," Peck said. "I am very proud to be working with REI Super to continue the ...

YFYS changed how funds invest: JPMAM

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... investment strategies. Most notably, the reforms seem to have created a more conservative approach to investing for many super funds. JPMAM surveyed 16 super fund chief investment officers, heads of investment strategy and asset consultants and asked ...

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The Financial Services Council (FSC) has released guidance to assist super funds and fund managers in divesting Russian assets. Despite superannuation funds only having a small exposure to Russian investments in the context of the $3.5 trillion superannuation ...

Super fund restructures, adds new roles

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... fund currently manages about $5 billion on behalf of 41,000 members, with Proebstl saying: "We firmly maintain that super funds should be primarily judged on the quality of the member outcomes they deliver and not simply whether they are large or small." ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... heatmaps; member accounts, cash flows and rollovers. The regulator found administration and operating expenses for super funds with less than $10 billion in funds under management sit at about 0.57% of net assets. This is compared to 0.33% for funds ...

Accountants lobby for 10 budget reforms

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... said. "These measures will have the added bonus of reducing compliance and administration costs for consumers and super funds." The group also wants to see pay-as-you-go taxation made more accurate so low-income earners aren't unfairly penalised and ...