AustralianSuper announces resignation of Bernie Fraser from Board

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Fund well positioned to continue delivering for members. AustralianSuper has today announced Independent Director Bernie Fraser will be stepping down from the AustralianSuper Trustee Board. x Mr Fraser has been

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Russell’s member administration business grows team and attracts funds

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Steve Wright appointed to head Russell’s Advice Centre AvSuper first to go live on Russell administration platform New partnership with Prime Super Global financial services firm Russell Investments today announced

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SPAA says raise the caps or exclude non-concessional contributions

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If the annual $50,000 cap can’t be raised for everyone aged 50+, then exclude non-concessional contributions from the mooted $500,000 threshold super balance. The Self Managed Super Fund Professionals Association

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Regulators should not judge super funds on size alone, Russell warns

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Recommends trustees use comprehensive test to meet scale requirements Know your fund first – evaluate before reacting to scale concerns Russell Investments is calling on trustees and industry regulators to

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AIST/ Russell launch Super Engagement Index and research

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Superannuation important to 85% of Australians’ retirement A third of fund members don’t know employer contribution amounts New index will allow superannuation funds to track member engagement The Australian Institute

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AustralianSuper appoints new Board member

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Western Australian-based Director appointed to AustralianSuper Board AustralianSuper has today announced the appointment of Western Australian-based Simone McGurk as a Director on the AustralianSuper Trustee Board. Ms McGurk is currently

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Household wealth levels nears 3-year high; Company cash holdings at a 11-year high

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Financial accounts The financial wealth of Australians rose in the December quarter – largely due to 4.5 per cent rise in equity markets. Net financial assets of households rose by

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AustralianSuper urges MPs to support reforms

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AustralianSuper Chief Executive Ian Silk said the prospect of an increase in the Super Guarantee (SG) from 9 per cent to 12 per cent had increased as a result of

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Prime Super to appoint Russell as administrator to fund

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New partnership set to assist in driving Prime Super’s growth agenda Prime Super, Australia’s only national super fund for rural and regional Australia, has agreed in principle to appoint global

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Not all advice is created equal

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FPA welcomes recognition of value of professional advice The Financial Planning Association (FPA) welcomes all moves that promote the value of financial planning advice, encouraging ISN members to make sure

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