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Showing 81 - 90 of 504 results for %22October superannuation funds%22

Australian Ethical overhauls longstanding fund

JAMIE WILLIAMSON  |  THURSDAY, 23 SEP 2021
... changes to its Advocacy investment option that will allow it to begin investing in alternatives and unlisted property. From October, the Advocacy option will essentially close and instead be known as the 'High Growth' option, and will begin investing ...

BT appoints chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 15 SEP 2021
... created role, ultimately responsible for about $170 billion in funds under administration. He will commence in the role in October. A key responsibility for Rady will be ensuring the continued performance of the business while Westpac continues with ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... were provided efficiently, honestly and fairly. CFS has agreed to the declarations, and the penalty hearing is set for October 12. "The misleading or deceptive conduct by Colonial included telling its members that recent legislative changes [MySuper ...

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... after shelving a planned merger, NGS Super informed members of plans to increase fees on some investment options from October. A spokesperson for the fund said the fee increases "has no connection" to its scrapped merger with Australian Catholic Superannuation ...

Super funds not ready for IDR

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... of putting member's interests first. It also provides insights into the maturity of a trustee's approach to risk." From October 5, key aspects of IDR obligations will be enforceable by ASIC. "We encourage all trustees to assess their preparedness for ...

Bravura appoints head of Sonata Alta

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... supporting funds to transform," a spokesperson for Bravura said. Bravura Sonata's clients include Aware Super, which in October 2020 announced it had signed a seven-year contract with Bravura as it in-housed member experience, including administration ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... They will face the music again on 1 July 2022. The new performance testing regime was floated at the annual budget in October 2020 and came into effect on July 1 this year. Final amendments, that included a more forgiving treatment of administration ...

Another departure on AMP Capital MAG team

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... manager for at least 10 funds which were put under review at Morningstar after the announcement. He is expected to leave in October. AMP Capital said it will shortly commence a recruitment process for a replacement for Beesley's role. "Darren has ...

Active Super rejigs MySuper

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... assets), Balanced (age 50 to 54, 42%-62% growth assets) and Conservative (age 55 and over, 20%- 40% growth assets). Effective October 1, this will change to three cohorts: Accelerator (up to age 49), Accumulator (age 50 to 54) and Appreciator (age 55 ...

UniSuper's O'Sullivan on what's next

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... and Superannuation Scheme for Australian Universities (SSAU) via a successor fund transfer that came into effect on 1 October 2000. In the 21 years since, it has largely stayed away from mergers barring some smaller corporate funds in the research sector ...