Nov 20, 2024 · Treasurer Jim Chalmers has unveiled a policy agenda targeting the retirement phase of superannuation, including a legislative change that will allow funds to provide new retirement product features like money back guarantee. The reform package was described by Chalmers as “necessary” and the result of “consultation and collaboration” with industry in his foreword to the inaugural ...

Jul 18, 2024 · ^ indicates interim result. Returns are after investment fees and taxes and are rounded to one decimal place; however, rankings are determined using unrounded data held by SuperRatings.. Chant West similarly tracks a category called “growth funds”, which is defined as a 61 to 80 per cent allocation to growth assets.

Nov 19, 2024 · The $34 billion Brighter Super is set to shift a significant proportion of equities assets in MySuper from passive to active management. Chief investment officer Mark Rider says the move is possible because of the scale created by mergers, and the fund will be looking to its newly appointed active managers to generate performance through the cycle by taking idiosyncratic risks.

Nov 11, 2024 · Mega fund AustralianSuper said it is still feeling the pain from its very public loss in US software company Pluralsight, and even with $341 billion of assets under management, a $1.1 billion write-down is still too big a chunk of money to let go easily. But at the Fiduciary Investors Symposium, the fund’s senior private equity portfolio manager Robert Schnittger, said …

Jul 11, 2024 · Less than six months into the top job at Insignia Financial, chief executive Scott Hartley has overhauled the executive team and installed a CEO for its $180 billion superannuation arm. In the next two to three years, Hartley is planning to make some serious progress on the “unfinished business” that is consolidating the wealth giant’s scattered pension operations.

Join us for an exclusive opportunity to hear from one of Australia’s most influential voices on foreign policy and global affairs at the next Conexus Financial Political Series event. Senator the Hon. Penny Wong, Australia’s Minister for Foreign Affairs, will provide a critical update on Australia’s role in a rapidly shifting geopolitical landscape. Sydney CBD address will be sent via ...

Aug 1, 2024 · 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 ...

Dec 10, 2024 · Insignia Financial has shifted to outsource administration of its $180 billion superannuation assets, inking a deal with SS&C and reassigning 1300 workers to the service provider during the process. The decision stands in stark contrast to peers such as Aware Super, which recently internalised member services, but CEO …

Oct 29, 2024 · The researcher criticised the fund’s turnover and change across the senior investment team. After chief investment officer Kristian Fok replaced chief executive Justice Arter in May 2023 and Brett Chatfield stepped into the CIO role, their leadership was marked by the departures of deputy CIO Alexandra Campbell and head of …

Nov 20, 2024 · The Coalition is reportedly considering a proposal to reduce the superannuation guarantee to 9 per cent if it wins the election. Many in the industry would understandably view any such move as a partisan effort to weaken the system, but they must also be open-minded about the evidence and accept that improving quality of service is the best response to critics.