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Showing 1 - 10 of 42 results for "Crescent Wealth"

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
Crescent Wealth Superannuation will shut down next month; its members will be moved to the new 'Salaam' division of Russell Investments Master Trust. Following a review by Equity Trustees, the trustee for Crescent Wealth's super fund, an ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
As the likes of Crescent Wealth and Insignia Financial respond to the 2023 superannuation performance test results, the Financial Services Council (FSC) and Super Consumers Australia have said the government must still do more to ensure members in underperforming ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
Of the 97 products to fail this year's superannuation performance test, 96 are trustee-directed products - 75% of which are issued by the same four trustees. Released this morning, the 2023 performance test marks the first time trustee-directed ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... choose to align their investments with their faith and values," he said. Hejaz Islamic Super and Pension joins Crescent Wealth as one of the few faith-based funds in Australia, following Catholic Super merging with Equip Super, Australian Catholic Super ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... Retirement Plan, Australian Ethical Retail Superannuation Fund, Australian Meat Industry Superannuation Trust, Crescent Wealth Superannuation Fund, Equipsuper, Fiducian Superannuation Fund and Guild Retirement Fund. It also looks after Brighter Super ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... dominated the worst performers. Equity Trustees' Zurich Retirement Product, Umbrella Financial Plan Super, Crescent Wealth Superannuation Fund, and smartMonday were products marked with the lowest grade of dark red. A slew of OnePath products such ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
... industry, the likes of Future Super and Virgin Super burst onto the scene in 2014, followed by Grow Super, Spaceship, Crescent Wealth, Human Super and Zuper. Rainmaker Information analysis shows that at their peak, 30 challenger brands tried to take ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
Crescent Wealth has responded to a significant event notice that said the fund's estimated costs weren't calculated or disclosed correctly, calling the coverage of its errors "misrepresented." Equity Trustees, the trustee of Crescent Wealth ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
Equity Trustees, the trustee of Crescent Wealth Superannuation, has said the fund's estimated costs weren't calculated or disclosed correctly, breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's ...

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
... Energy Super and Suncorp's superannuation business. It's also custodian for Equipsuper, Guild Group and Crescent Wealth, as well as Mason Stevens, Fiducian and the University of Sydney. It previously held several other super fund mandates, but ...
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