Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 951 - 960 of 4810 results for "super funds"

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... comprised MySuper products of $950.1 billion, which recorded the highest year-on-year growth rate of 18%. Self-managed super funds hit $876.7 billion, experiencing the next biggest movement of 13% over the year. Within the sectors, industry funds inched ...

Super baby bonus could end inequality

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... the significant gap between the retirement savings of men and women. According to numbers from the Association of Super Funds of Australia (ASFA), women retire with an average of 23% less super than men. ASFA economic modelling shows that a large portion ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
Australia's largest ever merger between two super funds has seen the $130 billion QSuper and $97 billion Sunsuper merge to create Australian Retirement Trust. Australian Retirement Trust (ART) now has $230 billion in funds under management, making ...

Former Hostplus investors tapped for VC fund

JAMIE WILLIAMSON  |  THURSDAY, 24 FEB 2022
... investor Brandon Capital Partners. V-Ignite is tasked with raising at least $60 million from private investors including super funds, family offices and high-net-worth individuals to match the government's cornerstone investment managed by LaunchVic. ...

ISPT chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... warehousing and residential property in Australia and currently owns a total of 140 properties. Outside of industry super funds, ISPT's investors include Ausbil, Catholic Church Insurance, the University of Melbourne, WorkSafe Victoria, and the Melbourne ...

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... following the merger. "Media Super and Cbus share the same mission: better retirement outcomes for members. Being industry super funds, both Media Super and Cbus have a similar culture and shared values," the update reads. "The merger delivers the opportunity ...

HESTA endorses super splitting initiative

CHLOE WALKER  |  WEDNESDAY, 23 FEB 2022
HESTA is recommending super funds adopt a new process to make the splitting of assets easier following the results of a successful pilot program. HESTA is the first Australian super fund to adopt the Simpler Super Splitting initiative, which uses a ...

GigSuper folds, administrator takes over

KARREN VERGARA  |  MONDAY, 21 FEB 2022
... self-employer superannuation and grow to 60,000 members and over $2 billion in total assets by 2026. A barrage of Millennial super funds launched around the same time as GigSuper. Rainmaker Information estimated that in 2019, this sector controlled $130 ...

Private debt and YFYS: Research

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... could sit higher for the younger cohorts that have a longer investment time horizon, the analysis indicated. "Whether super funds' default option is a Balanced fund or a lifecycle strategy, introducing or increasing private debt in the strategic asset ...

Hostplus and Maritime Super explore merger

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
Hostplus and Maritime Super have signed a memorandum of understanding, entering into merger discussions. The funds have an existing partnership, Maritime Super entered into a strategic outsourcing arrangement by moving the management of its investment ...