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Showing 1 - 10 of 11 results for "New Parent"

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
If it wins the next election, the Albanese government has announced the Commonwealth Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from next year. In a major win for the super industry and Australian women, 12% ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
Just a month on from taking on GuildSuper, Future Group has now acquired 100% of women-focused fund Verve Super. Verve Super is now a wholly owned subsidiary of Future Super, under a deal finalised this month. Having long struggled to offer a competitive ...

Government to boost paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
The federal government plans to extend the Commonwealth paid parental leave scheme to six months come 2026. Over the weekend, prime minister Anthony Albanese said the government's October 25 Budget will introduce reforms to improve the systems' flexibility ...

WT Financial Group acquires Synchron

KARREN VERGARA  |  TUESDAY, 15 MAR 2022
... John Prossor will assume new roles and receive a shareholding in WTL. Trapnell will become chair of Synchron under the new parent company while Prossor becomes a director. The Synchron brand will remain as is, while its NextGen program, which supports ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... moving sub-plans such as Future Super, GROW Super, Mason Stevens Super, ING Super Fund and Grosvenor Pirie under a new parent company. Diversa also operates the Tidswell Master Superannuation Plan, which has a number of underlying funds like Mobisuper ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... year ending June. It has over $220 billion in assets under management. Its next annual results will be reported under new parent MUFG which reports to a March end year and is listed on the Tokyo and New York Stock exchanges.

Labor super reforms can reach further heights: Industry

DARREN SNYDER  |  WEDNESDAY, 19 SEP 2018
Superannuation industry lobby groups are welcoming Labor's election promise to address the super gender gap at retirement. They also believe more can be done. Women in Super has long advocated for several of Labor's proposed measures, including superannuation ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... attracted to the strong growth dynamics of the risk market in a mature regulatory setting, the report said. Some of the new parent companies will enjoy the lower cost of capital, together with a longer-term investment horizon. KPMG actuarial and financial ...

Morningstar downgrades Franklin Templeton parent rating

ALEX BURKE  |  MONDAY, 10 APR 2017
... funds are US-domiciled, but Morningstar told Financial Standard that Australian fund reports would be updated with the new parent assessment in the next periodical review. In its reports for the funds, Morningstar explained its parent rating thus: "Publicly ...

Social benefit bond returns for NGS Super

DARREN SNYDER  |  MONDAY, 22 AUG 2016
... social and financial returns, aligning with the fund's environmental, social and ethical investment framework. The New Parent and Infant Network (Newpin) Social Benefit Bond recently reported positive results for its third consecutive year, returning ...
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