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Showing 1 - 10 of 100+ results for "Super"

HESTA, ISPT ink first direct healthcare property deal

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2022
HESTA and ISPT have invested $140 million to develop a medical office building in Melbourne, their first direct property acquisition in the healthcare and life sciences sector. ISPT and HESTA as mandate partner will co-develop an on-hospital-campus ...

Equity Trustees non-executive director retires

CHLOE WALKER  |  FRIDAY, 12 AUG 2022
Seasoned director Anne O'Donnell has announced her retirement from the trustee company after 12 years on the board. With over 35 years' experience in the finance sector, O'Donnell is an experienced executive and non-executive director in ...

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... external governance processes. Yet Hill - who manages around $60 billion on behalf of the state - has more freedom than super funds as QIC is not subject to the Your Super, Your Future regime. She says the QIC governance regime allows the fund to think ...

Aussies pay the price for early release of super: ASFA

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... unemployed. A new analysis by the Association of Superannuation Funds of Australia illustrates the impact of the ERS scheme on super funds and the members that took advantage of it. In total, about three million Australians applied to access their superannuation ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
Despite seeing its net half-year profit drop about 25%, AMP has commenced a $350 million buyback and plans to return a further $750 million to shareholders. Releasing its first-half results this morning, AMP said it has made significant progress towards ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
According to a survey of Australian investors, 50% are planning on investing this year's tax return in the stock market. Superhero surveyed 1300 investors who expected to receive a tax return. This figure increases to 59% of female Superhero investors ...

ASIC flags 'significant' IDR compliance issues at super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
An analysis of close to 50,000 complaints made to super funds has found some trustees are failing to adequately record and respond to member complaints. ASIC is currently undertaking surveillance of super funds' internal dispute resolution processes ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... salary sacrificing, according to new research by Finder. A Finder survey has shown 86% of Australians don't top up their super fund regularly. What's more, it found only one in five Australians have made one-off contributions in the past. After the findings ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... resilience, strategic planning and business performance review practices, insights and actions. To further strengthen the super industry, it will maintain momentum on eradicating unacceptable product performance by intensifying pressure on trustees to ...
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