Financial Standard
Karren Vergara writes. Premium Subscription for $295 for 1 year. Professional Subscription for $395 for 1 year. Premium subscribers can access even more content from Financial Standard. Financial Standard provides trade news and education for superannuation trustees, financial planners, industry professionals and investment managers.
ANZ to pay $57.5m to settle class action - Financial Standard
Mar 25, 2024 · The class action related to certain interest charged on specific ANZ personal credit cards in the period from 1 July 2010 to 1 January 2019. As part of the settlement, ANZ will pay $57.5 million, which is covered by a provision held at 30 September 2023. The settlement is without admission of liability and remains subject to court approval.
AustralianSuper takes monster hit on Pluralsight
Aug 27, 2024 · Superannuation. AustralianSuper takes monster hit on Pluralsight. AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which led and managed the deal.
ACSRF, UniSuper confirm merger | Financial Standard
May 16, 2022 · BY JAMIE WILLIAMSON | MONDAY, 16 MAY 2022 12:25PM. Australian Catholic Superannuation and Retirement Fund and UniSuper have signed a Heads of Agreement to formally merge. In December the two funds announced they were undertaking due diligence on a potential merger. Today, the funds have said that process determined it …
Federal Court approves BT Super $30m settlement
Dec 12, 2023 · The Federal Court approved the $29.95 million class action settlement against Westpac after subsidiaries BT Funds Management (BTFM) and Westpac Life Insurance Services (WLIS) allegedly failed to manage conflicts of interest when investing BT Super member money in …
Colonial First State chalks up strong super returns
Jul 20, 2023 · Colonial First State (CFS) has recorded double-digit returns across several of its default superannuation products for FY23. The CFS FirstChoice Employer Super growth fund (Lifestage 1975-1979) delivered a 12.2% return. The CFS FirstChoice Employer Super balanced fund (Lifestage 1965-1969) raked in a 10.5% return.
Aware retires VicSuper brand, expands investment menu
Apr 28, 2023 · Aware Super will finally retire the VicSuper brand next month, just shy of its 30 th birthday. The brand was retained in the merger with First State Super in 2020 and members were kept in a separate division. Effective May 11, Aware will combine its memberships. At the same time, Aware Super said it has reviewed its investment menu, introducing ...
About Us - Financial Standard
About Financial Standard. Financial Standard is focused on providing trade news, investment analysis and education for superannuation trustees, financial advisers, researchers, consultants, investment managers, and professional investors.. In an evolving and complex marketplace, Financial Standard is a uniquely open forum for the delivery and exchange of …
Link Group rebrands as acquisition completes - Financial Standard
May 17, 2024 · Link Group rebrands as acquisition completes. Link Group will now be known as MUFG Pension and Market Services, following the implementation of the scheme of arrangement with Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of Mitsubishi UFJ Financial Group. The business comprises two divisions, MUFG Corporate Markets and MUFG ...
Qantas Super confirms merger plans | Financial Standard
Sep 25, 2023 · Qantas Super confirms merger plans. Having reviewed its current scale and potential for growth, the $8.4 billion superannuation fund has confirmed it intends to explore merger options. Following speculation last week, Qantas Super said the board has reviewed the fund's size, growth path and the legislative and regulatory environment and ...