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Greg Cantor
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The Catholic Superannuation and Retirement Fund (CSRF) is adding the word 'Australian' to its name and changing its logo in preparation for its 30th anniversary.
The fund will now be known as the Australian Catholic Superannuation and Retirement Fund (ACSRF).
ACSRF chief Greg Cantor said the fund had merged with many others over its 29-year history and the group wanted to reflect its Australia-wide membership in its name.
ACSRF manages more than $3.6 billion in funds under management on behalf of almost 90,000 members, making it the largest Catholic super fund in Australia, a statement from the group said.
Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax legislation, according to new analysis from ANU.
Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations of a cut.
A new Roy Morgan report has found retail super funds had the largest increase in customer satisfaction in the last year, but its record-high rating still lags other super categories.
In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of a cut and signalling a more cautious approach to further easing.