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Showing 961 - 970 of 4848 results for "Super funds"

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 ...

UniSuper makes venture capital play

ELIZABETH MCARTHUR  |  THURSDAY, 24 MAR 2022
... growing innovation and start-up sector. "UniSuper is one of Australia's largest and most respected and innovative super funds, and the capital at its disposal will go a long way to ensuring we can seize opportunities presented by the brilliant minds ...

Popularity soars for managed accounts

CHLOE WALKER  |  TUESDAY, 22 MAR 2022
... third of managed account users say these structures are appropriate for millennials (aged under 35) and self-managed super funds (SMSFs). "When it comes to implementing responsible investing solutions, the vast majority, or 76%, of advisers prefer to ...