Cbus woes mount as it faces ASIC in court over insurance
Nov 13, 2024 · T roubled profit-to-member fund Cbus is being sued by ASIC in Federal Court due to alleged repeated failures in handling insurance claims.. The regulator alleges more than 10,000 Cbus members were impacted by death benefits and total and permanent disability (TPD) insurance claims taking over 90 days to be processed.
Data determinism will redefine retirement - Investment Magazine
Dec 5, 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 ...
2025 Fiduciary Investors Symposium NSW - Investment Magazine
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 ...
Hostplus still leads 10-year returns despite muted FY result
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.
‘Peace of mind’: Treasurer unveils four-point plan to reform …
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 ...
2025 Chair Forum - Investment Magazine
Protecting retirement savings in a world of accelerating risk As the Albanese government seeks to legislate an objective for super, and the imminent federal election will seek to question the principle of preservation, the true threats to super are likely not political but organisational and systemic. Over two days on Victoria’s picturesque Mornington Peninsula, this …
Navigating biodiversity and nature risk in modern portfolios
Dec 9, 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 ...
Adapting to uncertainty through treasury innovation
Dec 4, 2024 · A digital transformation of treasury operations can appear daunting. However, it can unlock the capabilities needed to mitigate the macroeconomic and geopolitical volatility of recent years. Aaron Jennings writes that treasurers and portfolio managers are becoming more selective when choosing banking partners.
Industry funds claim 6 of 10 highest-paid super CEO jobs
Mar 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 …
Skin in the game critical to UniSuper’s green energy partnership
Nov 12, 2024 · Macquarie’s willingness to use its own balance sheet to stand alongside UniSuper, as well as the manager’s boots on the ground, were two factors that helped it clinch the $140 billion super fund’s decision to commit US$400 million ($610 million) to a renewable energy fund, the Fiduciary Investors Symposium has heard.