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Showing 951 - 960 of 10100 results for "Trust"

Commonwealth Super reports strong investment performance

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
Commonwealth Super Corporation (CSC) has reported strong investment performance as its five-year transformation program takes shape. The $70 billion super fund's default MySuper investment option delivered a "healthy" 9.1% return over the past financial ...

Mutual Trust merges with CMS Private Advisory

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
Multi-family office Mutual Trust merged with CMS Private Advisory to meet an uptick in demand from South Australian clients. Based in Adelaide, CMS Private Advisory has been operating since 1997, servicing high-net-worth clients across South Australia ...

Qantas Super standardises offset account investments

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
... for members in its defined benefit (DB) divisions. The corporate fund, which is set to merge with Australian Retirement Trust (ART) in the first half of 2025, will have current and new offset accounts accrue investment returns by reference to the DB ...

FAAA moves to combat adviser shortage with new partnership

ANDREW MCKEAN  |  TUESDAY, 5 NOV 2024
The Financial Advice Association Australia (FAAA) has entered a memorandum of understanding (MoU) with the Financial Planning Standards Board (FPSB) India as it attempts to bridge the adviser gap. One of the main goals of the MoU, which was signed between ...

Australian Retirement Trust works to resolve ongoing outages

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2024
Australian Retirement Trust (ART) suffered an outage that saw many members' fortnightly pension payments delayed by several days. The nation's second-largest superannuation fund has been experiencing "intermittent technology outages" that have ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
The merger between industry funds CareSuper and Spirit Super was officially signed, sealed, and delivered today, creating a $53 billion super fund. The newly combined fund, which operates under the banner of CareSuper, will, as previously revealed ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... Plan at $213.5 million. The HUB24 Super Fund came third ($172.8m), then the Colonial First State FirstChoice Superannuation Trust ($150.4m), Netwealth's Superannuation Master Fund ($145.5m), and Avanteos' Superannuation Trust ($67.7m), as well ...

Super complaints rise in FY24: AFCA

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
AFCA's Annual Review revealed the ombudsman service received a record 104,861 complaints from consumers and small businesses in 2023-24, up 8% on the year before. Of those, AFCA received 7325 superannuation complaints, a 5% increase from the previous ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... biggest marketing spend, coming in at $60 million. However, this is an expense ratio of just 0.02%. Australian Retirement Trust (ART) followed with $41.8 million spend on marketing (0.02% expense ratio) and Cbus with $34.7 million (0.05% expense ratio). ...

EQT wins RE mandates for FIIG Securities, Nanuk AM

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
Equity Trustees (EQT) will serve as responsible entity for two recently launched vehicles. EQT has been handed RE mandates for the FIIG Monthly Income Fund and the Nanuk New World Fund (Currency Hedged) Active ETF. EQT executive general manager, corporate ...