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Showing 1 - 10 of 110 results for %22May HESTA%22

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... includes both annuity and account-based pension components, and that is required to be applied by all funds, is not supported. It may not be appropriate for many members, particularly low account balance members, and may be at odds with fund obligations ...

ASFA appoints Mary Delahunty as chief executive

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
... Turner assumed the position temporarily in October following the departure of Martin Fahy, who stepped down from the top job in May after seven years. She will continue as the interim chief until Delahunty commences. Delahunty joins from her own consultancy ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... plans to roll out a suite of new products and services for its members as part of a digital transformation initiative. In May, the fund completed a project to consolidate five legacy technology systems into a single administration and registry platform. ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... maintaining strong returns. "Looking ahead, our focus remains on agility so we can respond to a range of market conditions that may emerge," Sawtell-Rickson said. "We will continue to invest responsibly, actively, and maintain a patient, long-term approach ...

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
... of this was invested in the property option as at March 30. The infrastructure option had just $66 million. In the year to May end, the property option returned 3.83%. Over three and five years, it's returned 11.84% and 7.29% respectively. Meanwhile ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... taxpayers. "At first glance, there appears to be a significant concern with the breadth of these rules. Although a jurisdiction may generally have a corporate tax rate higher than 15%, it appears that the rules then state that if a jurisdiction has different ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... sustainability of the fund" as well as the best financial interests of members. 4. Westpac offloads BT super to Mercer In May, Westpac confirmed it signed a successor funds transfer with Mercer which saw all of its superannuation funds transferred to ...

Super funds, sovereign investors back $1bn VC fund

CHLOE WALKER  |  WEDNESDAY, 2 NOV 2022
... generational owners of generational companies born in Australia and New Zealand, it said. The fund had its first close in May, with subsequent closes bringing the total above the target $1 billion. Investors include AustralianSuper, Hostplus, HESTA ...

HESTA changes administration fees

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
... stream cohort. The fund also noted that it is removing the full or partial waiver or rebate of weekly fees that some members may have received when they joined with less than $25,000.

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... include superannuation, sending a clear message that caring work is undervalued," Blakey added. Prior to the federal election in May it was revealed the Labor Party had dropped its plans to pay super on paid parental leave, having taken that pledge to ...
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