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Showing 121 - 130 of 5629 results for "Superannuation fund"

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
After three years, the head of institutional solutions at Allianz Retire+ has departed. Fintan Thornton has left the retirement specialist to take on a new role at a health fund. It comes at a time of turmoil for the retirement industry, which has come ...

Super funds missing out on rich returns from Aussie agriculture

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Global pension funds are increasing investments in Australian agriculture, the nation's second-largest real estate sector, prompting Warakirri Asset Management managing director Jim McKay to question the relative absence of superannuation funds. Warakirri ...

Rest hires policy lead from HESTA

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
The $75 billion superannuation fund welcomed a head of public policy this week, recruiting from HESTA. Enrico Burgio has moved to Rest from HESTA where he served as senior manager - policy and advocacy since January. Prior to HESTA, he held a series ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across hundreds of products, indicated a 2% reduction in the past year. SMSFs are the least expensive segment ...

Wealth managers shirk cybersecurity priorities

KARREN VERGARA  |  MONDAY, 13 NOV 2023
An alarming number of small and large wealth managers are underprepared for cybersecurity breaches particularly when it comes to managing third-party providers, a new report from ASIC finds. Wealth managers across the spectrum have a long way to go ...

Aussies value super but remain unprepared: Data

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023
... at all. Almost four in five Australians (79%) have a ballpark idea of how much they currently have in their superannuation fund. Additionally, more than one in 10 people aged 18-42 (13% for 18-27, and 14% for 28-42), and around one in five people aged ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
ASIC is proposing to extend the temporary relief for superannuation trustees' disclosure and reporting consistency obligations for two years. ASIC is seeking feedback on the potential extension, including whether the current arrangement is operating ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... (WSAL) and Westpac Life Insurance Services (TAL Life Insurance Services) (WLIS), a former Group subsidiary. Superannuation fund members alleged that between October 2017 to April 2023, BTFM and WSAL failed to adhere to several obligations owed as superannuation ...

Dispute resolution failures land TelstraSuper in Federal Court

KARREN VERGARA  |  MONDAY, 6 NOV 2023
The corporate regulator is taking TelstraSuper to the Federal Court for allegedly failing to comply with internal dispute resolution requirements. ASIC alleges that 40% of the corporate superannuation fund's responses to complainants during a specific ...

E-commerce giant retreats from super

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... superannuation sector in late 2018, saying it had partnered with Mercer to develop a new "no frills, ultra-low fee" superannuation fund. The product launched just shy of a year later in August 2019, drawing interest as an index-only superannuation offering. ...