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Showing 10101 - 10110 of 18128 results for "superannuation"

Kinetic Super to use IFS advice service

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
Kinetic Super has become the latest super fund to engage the services of financial advice provider Industry Fund Services (IFS). The deal is testament to an increasing demand for financial advice from industry fund members, resulting from growing balances. ...

AusSuper's in-house plan to save $150m

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
... Investors chief executive Grant Forster, there is no cause for alarm. He said that the phenomenal growth of the superannuation "pie" means there will be plenty to go around. "These funds are getting so big, you'll still be getting 70 or 80% of that pie. ...

Cbus, FPA explain their referral deal

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
... with any other funds. "We'll make sure this works well first," he said. As industry fund members accumulate higher superannuation balances and develop more complex needs around retirement, the requirement for advice will inevitably grow noting a recently ...

Industry Funds Management name change

MARK SMITH  |  MONDAY, 21 OCT 2013
... has changed its name to IFM Investors. The organisation was founded over 20 years ago and is owned by 30 major superannuation funds. It invests its $48 billion funds under management on behalf of five million Australian superannuation fund members and ...

Challenger reports big boost in annuities sales

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
... concessions to annuities as it does to other retirement products. Ross Clare, director of research at the Association of Superannuation Funds of Australia (ASFA), said that ASFA is due shortly to have discussions with the Government on this subject for ...

Shorten gives Ripoll shadow superannuation portfolio

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
Opposition leader Bill Shorten has appointed Bernie Ripoll Shadow Minister for Financial Services and Superannuation. The appointment sees the portfolio returned to a shadow ministerial level after Kevin Rudd put it under the umbrella of Treasury. This ...

Former Trio director provides enforceable undertaking

JAMES FERNYHOUGH  |  FRIDAY, 18 OCT 2013
... Groeneveld has provided the prudential regulator with an enforceable undertaking excluding him from acting as a superannuation trustee for three and a half years. The Australian Prudential Regulation Authority (APRA) accepted the undertaking, saying ...

ASIC reports drop in financial services insolvencies

JAMES FERNYHOUGH  |  FRIDAY, 18 OCT 2013
... operations while 1.5% (142) were "other financial services". Fourteen credit providers, 11 insurance providers, six superannuation funds and two deposit taking institutions went into administration. These comparatively low numbers saw FIS out of the ...

MySuper authorisations creep up to 78

ALEX DUNNIN  |  FRIDAY, 18 OCT 2013
With three months to go until employers will be allowed to send superannuation guarantee contributions only to super funds that have been authorised to offer MySuper products, there are only 78 funds MySuper authorised. According to figures from the ...

Sunsuper launches MySuper fund

MARK SMITH  |  THURSDAY, 17 OCT 2013
... assets as they approach retirement. From 1 January next year, it will be compulsory for employers to pay default superannuation contributions into only into an authorized MySuper product. While 79 funds have so far had their MySuper products rubber-stamped ...