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Showing 961 - 970 of 11074 results for "Members"

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... part of the FAAA's strategic plan for 2030, which was unveiled at the conference. The strategy has three key pillars: members first; grow the profession; and lead the profession. "The environment in which we operate is rapidly changing, and professional ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... against. "The regulators consider individual accountability to be the clearest form of accountability. Apart from board members, jointly held responsibilities should be kept to a minimum," they said. Cole and Court said banking, insurance and superannuation ...

AustralianSuper expands international equities team

MATTHEW WAI  |  THURSDAY, 28 NOV 2024
... significantly by 2030, with the aim to create "greater cost efficiency at scale and generate stronger returns to the benefit of members." The new appointments support this strategy, with London-based Steve Kelly and Anu Narula both commencing in the ...

Brighter Super makes fee, death benefit changes

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... way death benefits are dealt with. Effective January, the annual percentage-based admin fee charged to Brighter Super members will drop from 0.18% to 0.14%. The changes mean the bigger the balance, the bigger the savings. A member with a $50,000 balance ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ...

ART, ISPT to build $585m Sydney life sciences hub

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... the future, saying the sector provides strategic diversification benefits and helps deliver strong long-term returns for members. "Like many other OECD nations, Australia's population is ageing. In combination with an increase in life expectancy thanks ...

Commonwealth Super partners for admin uplift

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2024
... CSC is partnering with Novigi to modernise the way it's administered and elevate the services it delivers to its 746,000 members, as part of the $70 billion fund's broader five-year transformation project. Currently, Mercer is the administrator for CSC ...

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... devalued instantaneously; private assets, meanwhile, may not be revalued for months thereafter," it said. "This can benefit members who switch out of their super fund before a private asset revaluation, while those remaining are left to absorb the eventual ...

Hostplus ups fees, makes $125m investment

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
Hostplus has made changes to its investment fees and costs for FY23/24, increasing them between 0.06% to 0.16%. Members invested in the Conservative Balanced option and the Capital Stable option saw fees rise 10bps from 0.69% and 0.59%, respectively ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... total assets held within self-managed superannuation funds (SMSFs) hit $1.02 trillion at September end. The total SMSF members grew to 1,173,867 in over 630,000 SMSFs, with over 10,200 new entrants in the quarter and 165 exits. Sticking with tradition ...