POWERED BY MOMENTUM MEDIA
IEUA welcomes NGS/ACS merger
The Independent Education Union of Australia (IEAU) NSW/ACT branch has welcomed the announcement that NGS Super and Australian Catholic Super will merge.
NGS Super and former IEAU NSW/ACT secretary, Dick Shearman, said the merger would deliver economies of scale and the ability to improve member services.
The union said it looked forward to continuing the relationship with the fund through sponsorship of union events and hosting superannuation and financial education sessions for members in union venues.
Also commenting, the branch’s secretary, Mark Northam, said: “The union expects meaningful engagement during the merger process so we can ensure our members’ best interests are served”.
Recommended for you
HESTA is celebrating its achievements in promoting gender parity across the ASX 300.
AustralianSuper is back in the headlines as a result of its sizeable exposure to Nvidia, with its CEO insisting DeepSeek hasn’t dented US exceptionalism.
Among the most significant issues within its regulatory remit, ASIC has highlighted unsuitable superannuation advice resulting in adverse consumer outcomes.
The superannuation industry has welcomed the government’s intent to develop service standards for all APRA-regulated superannuation funds in the areas of death benefit claims, insurance claims, and member communications.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Ausbil Active Dividend Income Dis AUD
134.92 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.74 3 y p.a(%)
3
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
30.74 3 y p.a(%)
