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Showing 1011 - 1020 of 8317 results for "Retire"

Betashares completes Bendigo Superannuation acquisition

KARREN VERGARA  |  MONDAY, 2 SEP 2024
Betashares has finalised its acquisition of Bendigo Superannuation for an undisclosed amount. As of September 1, Betashares was the manager of $1.4 billion of super assets for 19,000 members. Betashares and ASX-listed Bendigo Bank declined to confirm ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
Speaking in a personal capacity at the Senate Economics Committee, Michelle Levy said it is too much to expect superannuation trustees to fix Australia's housing problem. Levy said she is sympathetic to the housing crisis, noting that she agrees owning ...

IFM Investors recruits chief of staff

ELIZABETH FRY  |  FRIDAY, 30 AUG 2024
Retirement income policy veteran Amara Haqqani has joined IFM Investors as chief of staff. In the new role, Haqqani is tasked with supporting cross-organisational collaboration and output amongst the executive team. Haqqani is a senior financial services ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
All MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... former Australian Retirement Trust chief executive Bernard Reilly, the group has now announced Tony D'Aloisio's intention to retire in early 2025 at the close of the KKR deal. D'Aloisio has been the target of much of the criticism that followed the announcement ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... constitution to allow for the inclusion of independent directors on its board. With current chair Geoff Newcombe intending to retire at the end of the year, NGS Super has appointed John Battams as independent chair from 1 January 2025. Battams is currently ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
On September 1, South Africa's new pensions system will be introduced, allowing individuals to access some of their retirement savings in times of need. Earlier this year, the government of South Africa passed the Revenue Laws Amendment Bill of ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... too many Australians out of the full transformative benefits of the retirement system and leaves people poorer when they retire. A unified push is needed to stamp it out. "Legislation to pay super on payday, combined with a stronger ATO enforcement regime ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which ...