Industry funds claim 6 of 10 highest-paid super CEO jobs
WEBMar 12, 2024 · CEOs of super and sovereign wealth funds received upwards of $3 million in total remuneration in the 2023 financial year, according to Investment Magazine's latest analysis based on fund reports and APRA data. CEOs of many of the funds included in the analysis could expect to receive better compensation elsewhere in financial services, industry experts said, but most are tied to the ...
Christian Super to face into its performance test fate
WEBAug 6, 2021 · News that the Your Future, Your Super amendment Bill passed through parliament this June was more bitter than sweet for around 20 or so funds with a decent chance of failing the performance benchmark. This is particularly true for Ross Piper (main picture) and Mark Rider, chief executive and chief investment officer of Christian Super, who are in no doubt about their fate and plan to face ...
‘The ultimate member experience’: HostPlus sets ambitious goal
WEBMay 12, 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 ...
CSC’s culture shift on reaching 100 years - Investment Magazine
WEBNov 21, 2022 · 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 ...
Brighter Super & SPSL to complete $29b merger
WEBApr 18, 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 ...
Mega-dozen shows merging means diverging as super funds …
WEBJun 16, 2021 · After recent mergers and if further planned mergers proceed, Australia’s superannuation landscape will consolidate to 12 funds with assets under management of more than $50 billion each – the largest three by a considerable margin being Commonwealth Super Corporation, the new QSuper and Sunsuper combined entity and AustralianSuper all with more than $191 billion in assets.
Who are Australia’s largest retirement funds?
WEBFeb 6, 2023 · Retirement accounts, assets and benefit payments. Just 6.3 per cent of members (just under 1.4 million) are in the retirement phase but, illustrating the power of ongoing contributions and compounding investment performance, this represents nearly half a trillion dollars, or 22.3 per cent of industry assets.
APRA prepares to re-engage with super funds and life insurers
WEBOver the second and third quarters of this year, the Australian Prudential Regulation Authority (APRA) plans to re-engage with superannuation trustees and life insurers on the issues it raised on group life insurance in super in a letter to them in March last year.. The letter detailed “concerning developments” APRA had picked up relating to premium volatility, availability and tender ...
Shifting policy influence resulted in poor performance test
WEBOct 19, 2020 · 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 ...
QAR intra-fund advice proposals to boost female members’ balances
WEBJul 20, 2023 · Some funds wonder whether wading in to the financial advice space could help them achieve greater engagement with younger female members. Other recommendations in the QAR, such as making statements of advice more succinct and communicating more effectively, could also help funds achieve greater engagement with female members.