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Showing 131 - 140 of 5629 results for "Superannuation fund"

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
NGS Super has launched its Easy Default offering which aims to help members manage savings while hitting retirement income objectives. Easy Default can be established on either the NGS Income Account or the Transition to Retirement Account. When the ...

Willis Towers Watson sheds more corporate super plans

JAMIE WILLIAMSON  |  TUESDAY, 31 OCT 2023
... Australian Retirement Trust. This was soon followed by the decision to terminate the Heidelberg Australia Superannuation Fund after 64 years in operation. In the latest development, last month WTW transferred the Linfox Staff Superannuation Fund to Russell ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Frontier Advisors contends that superannuation fund designs inadvertently minimise retirees' income, contravening funds' obligation to provide the best possible outcomes for their members. Statistics show that nearly half of retirees only draw ...

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
A new class action led by victims of Melissa Caddick alleges that auditors of their self-managed superannuation funds failed their jobs to detect fraudulent activities. Twenty-four victims, together with the help of Melbourne-based law firm Mackay Chapman ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
ASIC has obtained interim orders from the Federal Court to freeze the funds and assets of Brite Advisors (Brite), a specialist in moving private UK pension savings offshore. The global advisory, pension administration and asset management provider came ...

Super member loyalty on the rise: Data

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2023
Loyalty among superannuation fund members is at a three-year high, with just 18% now intending to take their retirement savings elsewhere. That's according to the latest CSBA FEAL Superannuation CX Benchmarking report, which surveyed more than 7200 ...

Super bequest reform can boost charitable giving by billions: Report

ANDREW MCKEAN  |  TUESDAY, 24 OCT 2023
... individuals must have a valid will in place that nominates a charity, and then rely on the discretion of the superannuation fund trustee to transfer the moneys to the executor of the estate for distribution to the charity. However, due to the complexity ...

AMP names super, investments lead

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
AMP has appointed a former BT Financial Group executive to its ranks to lead its superannuation, master trust, and investments unit. Melinda Howes will take on the role of group executive for superannuation and investments from 29 January 2024, leading ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
Macquarie Group broke into the world's top 50 largest fund manager rankings with US$543 billion in assets, making it the only Australian fund manager on the list. The latest analysis by the Willis Towers Watson's Thinking Ahead Institute shows ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... it is presently engaging with the insurer and reported the matter as a systemic issue to ASIC. An unnamed superannuation fund that was undergoing an administrator change led to a failure to rollover super benefits in the required timeframe because of ...