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Showing 1 - 10 of 2302 results for "Industry fund"

Brighter Super changes up investment, insurance fees

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2026
... option's fees reduced from 0.65% p.a. to 0.55% p.a. and the Growth option went down from 0.64% p.a. to 0.58% p.a. The industry fund had almost $38 billion in assets at the end of June, managing the retirement savings of 382,390 members. "A MySuper ...

Tribeca Financial promote four new equity partners

VINNY VUCAGO  |  TUESDAY, 20 OCT 2026
... promotions follow Tribeca's earlier recruitment of Damien Foley as head of strategic partnerships. Foley joined from Industry Fund Services, where he spent nearly 20 years across financial advice, client partnerships and business development.

FEATURE | Governance | Stumping up

RIDDHIMA TALWANI  |  WEDNESDAY, 14 OCT 2026
"No one can predict a fraud in advance. We're not clairvoyants." The chair of Diversa Trustees, Vincent Plant, testified before last month's parliamentary committee inquiry into the collapse of the Shield and First Guardian master funds. The ...

SMSFs lure $14bn from retail, industry super funds

KARREN VERGARA  |  TUESDAY, 15 SEP 2026
Self-managed super funds (SMSFs) scored nearly $14 billion in retirement savings at the expense of industry and retail funds over recent years, a new report from Class shows. An analysis of Class SMSF clients in its Annual Benchmark Report revealed ...

First Super appoints new chief executive

KARREN VERGARA  |  MONDAY, 14 SEP 2026
... investments, a position that has been filled in the interim by Chris Artis, following the resignation of Watson. The industry fund has strong links to the timber, paper and pulp and furniture and joinery industries. Currently, it has nearly 80,000 members ...

FEATURE | Digital advice | Interlocking the pieces

MATTHEW WAI  |  MONDAY, 14 SEP 2026
Amid a rapidly evolving regulatory space, and the need to keep pace with innovation, financial advice has been thrown into a dynamic environment that's always changing. As a result, the sector requires constant support to remain compliant and keep ...

Shorter CSLR payout timeframe awaits major bill passage

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2026
The looming passage of a major bill will amend how levies are collected under the Compensation Scheme of Last Resort (CSLR) and, in turn, speed up compensation payments to eligible victims. The reform is part of the Regulatory Reform Omnibus Bill 2026 ...

Superannuation assets inch to nearly $4.8tn

KARREN VERGARA  |  TUESDAY, 1 SEP 2026
Total superannuation assets hit nearly $4.8 trillion in the last financial year, marking a 9% rise, namely driven by the rise of industry funds. APRA's newly released statistics for the year ending June 30 showed Australians' retirement savings ...

APRA hits 12 super options with failed grade

KARREN VERGARA  |  FRIDAY, 28 AUG 2026
... failed investment products nearly doubled in the 2026 APRA superannuation performance test, with BUSSQ being the only industry fund to make the list dominated by retail funds. One MySuper product and 11 trustee-directed products (TDPs) failed out of ...

AWAG's profit takes hit from geopolitics in FY26

MATTHEW WAI  |  TUESDAY, 25 AUG 2026
The Australian Wealth Advisors Group (AWAG) has reported a net profit after tax (NPAT) of $689,166 in the financial year ending June 30, down by some $360,000 compared to FY25. Revenue was also down 1.9% to $11.2 million, as AWAG explained the results ...
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