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Showing 981 - 990 of 4847 results for "super funds"

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... women's median superannuation account balances are 20.5% less than those of men at retirement age. The Association of Super Funds of Australia (ASFA) says the gap is larger, with their numbers indicating women retire with 23% less than men. The Actuaries ...

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
... year. Members also pay $1.15 per week for membership. It also launched an Expression of Interest process for selected super funds in December last year, citing rising costs as a factor. "Keeping fees low is also important. However, the costs of running ...

Switch to value could hurt super: Research

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
The negative returns for equities in January may not have been the biggest problem for super funds, with the size of the value premium seen posing a significant risk to investors with actively managed growth style portfolios. Latest analysis from Rainmaker ...

Super fund cuts fees, appoints insurer

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
One of the 13 super funds to fail last year's performance test is going to halve its percentage-based administration fee, a move expected to cement it as one of the cheapest MySuper products on offer. AMG Super will reduce the percentage-based component ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... against Russia. Yesterday Treasurer Josh Frydenberg and Senator Jane Hume released a joint statement requesting that super funds review their Russian investments. "The Morrison government is today confirming its strong expectation that Australian superannuation ...

New initiative calculates how much Aussies need in retirement

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... couple. The Super Consumers Australia findings indicate retirees may not need to save as much as the Association of Super Funds of Australia (ASFA) Retirement Standard, which more closely resembles the high end of the Super Consumers Australia numbers ...

Australian Retirement Trust announces next merger partner

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
... beneficial merger for our members and a welcome part of the creation of one of Australia's largest and most significant super funds," Birrell said. "Three years ago, the APSS initiated a review of the best ways to serve the long-term financial interests ...

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 ...