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Showing 961 - 970 of 4810 results for "super funds"

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... yesterday released their findings after a joint examination of the financial performance of a large sample of self-managed super funds. The examination, which took place over the period 2017-2019, comprised of over 489.000 unique observations with data ...

Rest awards responsible investment mandate

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
... and reducing frictions like transaction costs, taxes, brokerage, foreign exchange costs and unintended exposures for super funds." Parametric and Calvert are part of Morgan Stanley Investment Management, the asset management division of Morgan Stanle ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
MP Jason Falinski spent the most recent House Economics Committee hearing probing the implications of super funds creating "rainy day funds" to pay for possible fines and sanctions. At the beginning of the hearing, Falinski asked University of NSW professor ...

Mine unions pressure funds over Rio

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
Mining unions are applying pressure to super funds over alleged bullying and harassment at Rio Tinto revealed in a recent report. The Western Mine Workers' Alliance (WMWA), an agreement between the Australian Workers' Union (AWU) and the Mining and ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... consider the retirement needs of their members. The covenant codifies this existing expectation," she said. Given that super funds have had more than three years of preparation, Hume is confident the industry is well-placed to develop and publish such ...

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... reserves. Professor Scott Donald from the University of NSW appeared before the committee and explained that while retail super funds have a parent company which can fund penalties, not-for-profit funds are in a more complex position and therefore may ...

Super funds failing on animal protection

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... funds overlook the importance of preventing animal cruelty, a global welfare organisation finds. After analysing 200 super funds, World Animal Protection found that 90% do not have a policy that prevents them from investing in animal cruelty. Only 16 ...

AIST, MetLife tackle underinsurance issue

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... insurance inside superannuation. MetLife chief executive Richard Nunn said: "We do a lot of work with our partner super funds to help them help them engage their member base. We know that members that have insurance are more likely to be engaged with ...

Vanguard move a win for SSGA, BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 4 FEB 2022
... BlackRock and several other managers, analysis shows. In October 2020 Vanguard announced it would hand back mandates to super funds ahead of its return to the superannuation market. Rainmaker analysis shows that, in the 12 months following that decision ...

2021 lined homeowners' pockets: Data

JAMIE WILLIAMSON  |  THURSDAY, 3 FEB 2022
... return was 15% and property values jumped an average of 20%. It was the third best calendar year return in 17 years for super funds, with Rainmaker's super returns index climbing 142% in the last decade. "The big surprise in these results is that ...