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Showing 1 - 10 of 4339 results for "Super funds"

HESTA awards global private equity mandate

ANDREW MCKEAN  |  WEDNESDAY, 19 JUN 2024
... 2003 across multiple strategies, including a responsible investment focused mandate. Despite the broader trend of super funds cutting external mandates, HESTA awarded the second most external mandates in 2023 (21) - the largest being a $1.5 billion global ...

Ageing Australians rapidly shifting retirement planning

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... advisers refining their advice offering to meet these changing needs. "After conversations with countless advisers and super funds, we have identified a huge demand for education and clarification around new-era lifetime income solutions emerging in ...

Average super balances fall

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... individual income tax ($266.7 billion), 24.2% from companies ($128.1 billion), 14.3% from GST ($76 billion), 5.5% from super funds (29.1 billion), 4.3% from excise ($22.6 billion) and 1.5% from other taxes ($7.5 billion). The average superannuation account ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... for younger Australians to consider other investment options, including devoting more to superannuation and allowing super funds to use leverage to boost their returns. Innova co-chief investment officer Dan Miles said rising residential property prices ...

Advisers call for apology from Super Members Council

JAMIE WILLIAMSON  |  FRIDAY, 14 JUN 2024
... their reports." He said the SMC's use of a "broad brush slur is offensive" and would be akin to him suggesting all super funds are involved in greenwashing. Sharpe finished by saying he would like an apology from the lobby group. "Let's be clear ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... charging them thousands in fees," SMC said. It also said the government should swiftly enact the legislation to mandate super funds check that advice fees charged from members' accounts are legitimate. The calls follow a recent warning from ASIC to groups ...

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... number of complaints in the last six months of 2023 totalling 936, which was nearly three times more than other major super funds like Cbus, Australian Retirement Trust (ART), and Aware Super. New data from the Australian Financial Complaints Authority ...

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... to its large and growing membership base, which allows them to offer more competitive insurance rates than smaller super funds. The industry super fund, which crossed the $100 billion assets under management threshold last year, has nearly two million ...

MIESF adjusts insurance premiums

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... broader trend. TAL Life research indicates that from 1 July 2022 to 30 June 2023, there were 25 premium rate changes to super funds, with an average increase of over 9%. The actual premium deducted from MIESF members' accounts will vary based on age. ...
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