An industry superannuation fund (or, simply, 'industry fund') is an Australian superannuation fund originally established to provide for the retirement of workers from a specific industry. While industry funds are no longer tied to specific industries, they remain not-for-profit, mutual funds which are membership-based and do not have shareholders. Industry super funds can be contrasted with retail super funds (or 'wholesale master trusts'), which are public offer funds ma… Witrynasuper funds regulated by the Australian Prudential Regulation Authority (APRA), including small funds (SAFs) exempt public sector funds. retirement savings accounts (RSAs) approved deposit funds. administrators of the above. Find out about: Super funds newsroom. Services and Support. Reporting and administrative obligations.
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WitrynaTop 10 Super Funds. Review the top performers in some of the key comparison metrics for superannuation funds. SuperRatings 〉 Top 10 Super Funds. ... Perpetual Industrial Share Fund: 8.14%: 1 year: More Info: 28/02/2024: Australian Shares: 1 year: 350: 6: Brighter Super Accum - Australian Shares: 8.06%: 1 year: More Info: … Witryna1.4. Profit-to-member superannuation funds must have a written diversity policy, appropriate to the circumstances of the fund, which sets out clear and measurable objectives and provides for annual reporting to the Board and members. This policy must establish objectives concerning gender balance as a minimum, with other hr awards 2020
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Witryna8 lut 2024 · LGIAsuper is a profit-for-members fund, managing $24b in retirement savings for approximately 123,000 members following its merger with Energy Super last year. With the pending acquisition of Suncorp’s superannuation business, LGIAsuper’s fund size will grow this year to around $30b with approximately 250,000 members. WitrynaExamples of LGIA in a sentence. Such amendment shall become effective and a part of this LGIA upon satisfaction of all Applicable Laws and Regulations.. In the event the … Witryna22 mar 2024 · LGIA will also remove the insurance fee of 1% charges on all death, TPD and income protection premiums from 1 May 2024. Additionally, the industry fund said it will close its MySuper Lifecycle investment option and instead offer a single diversified investment option, MySuper. hrawards 51job.com