More Australians are planning on working past 65 for either social or financial reasons, according to new research from the Association of Super Funds Australia.
Colonial First State Super is ready to support further consolidation in the super industry, its CEO said.
The industry body is adding 25 years of financial services experience to its leadership team with a new appointment.
Hotel Property Investments Limited (HPI) has decisively turned down the revised cash offer of $3.85 per security from Charter Hall and Hostplus, labelling it insufficient to reflect the true value of its assets.
Despite last week’s media frenzy suggesting the Coalition might be eyeing a voluntary superannuation system for Australia, funds are unfazed by any perceived hidden agendas from the opposition.
Economists have varied interpretations of what the latest unemployment data means for the RBA’s monetary policy easing cycle.
The appetite for digital infrastructure has grown significantly among Australia’s superannuation funds, with assets like data centres, fibre optic networks, and telecommunications now viewed as strategic investments in their portfolios.
The $89 billion fund has named co-chief investment officers following the resignation of Andrew Lill earlier this month.
First Super delivers great personal service and solid investment returns to its 70,000+ members. The metrics agree with us.
A resilient September supported by a US Fed cut has buoyed super returns to high single digits, setting the stage for a strong calendar year finish.