Hostplus tops SuperRatings balanced option index
WEBJul 18, 2022 · Falls in domestic and international share markets have hit the balances of MySuper funds with around 95 per cent ending the financial year in the red. Hostplus – Balanced achieved a 1.6 per cent return over 12 months while QANTAS Super’s balanced option came in second with a return of 0.6 per cent, followed closely by Christian Super ...
‘This is big’: The stark difference between APRA funds and SMSFs …
WEBSep 14, 2023 · In FY17 the average APRA super fund balance for men was 19.1 per cent larger the average woman’s balance. This has increased to 20.6 per cent in FY22. However, for SMSFs the gap decreased from 17.8 per cent in FY17 to 15.5 per cent in FY21 (the latest ATO data available). The average SMSF balance for a man was $930,047, while for women it was ...
Seeking even more mergers: Aware’s Cochrane - Investment …
WEBDespite being currently engaged in a merger operation with VISSF and following recent join ups with First State Super, VicSuper and WA Super, mega-fund Aware is on the lookout for more. “We know how to do these things, we have a playbook and that makes it so much easier” said the fund’s chair and industry veteran Neil Cochrane.
Total portfolio approach taxing but rewarding: Future Fund CIO
WEBMar 24, 2024 · Not every asset owner can explore the benefits of a total portfolio approach due to the strain it puts on an investment team’s efficiency. But for those that can afford the luxury, it can bring both rewarding portfolio diversification and organisational culture, according to Future Fund chief investment officer Ben …
Active Super greenwashing case shows ASIC’s focus on details in …
WEBJun 27, 2024 · Active Super’s latest run-in with ASIC over greenwashing demonstrates that the regulator is expecting trustees to “do what they say, and say what they do” when it comes to ESG claims, legal experts said, and to think twice before making sweeping statements that they can’t necessarily fulfil.. Earlier this month, the federal court found that Active Super made several misleading claims ...
Portfolio resilience, cyber risks and regulatory priorities dominate ...
WEBFeb 22, 2023 · Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.. We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of ...
‘Hold us to account,’ insurers tell super funds as life code changes ...
WEBSep 28, 2023 · The Albanese government has blasted super funds and insurers over allegedly poor communication with members relating to group insurance, alongside a rise in complaints over claims handling. “For insurance in superannuation to achieve its desired benefits, the insurance sector needs to lift its game,” Jones told …
Amanda White, Author at Investment Magazine
WEBMar 11, 2024 · Amanda White. White is responsible for the content across all Conexus Financial’s institutional media and events. In addition to being the editor of top1000funds.com, she is responsible for directing the bi-annual Fiduciary Investors Symposium which challenges global investors on investment best practice and aims to place the responsibilities ...
A reality check on funds’ stated CPI-plus return targets
WEBJun 25, 2023 · A reality check on funds’ stated CPI-plus return targets. The superannuation industry is returning to an era where ‘inflation-plus’ objectives are harder to achieve, and this may require the revision of long-standing investment targets, said industry figures in a panel discussion at Conexus Financial’s Fiduciary Investors Symposium ...
CareSuper and Spirit Super agree to merge - Investment Magazine
WEBJun 1, 2023 · The two funds begun exploring the possibility of merging in November last year. CareSuper was established in 1986 and has around 220,000 members and $20 billion in FUM. Spirit Super was established in 2021 through the merger of Tasplan and the Motor Trades Association of Australia Superannuation …