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Showing 1041 - 1050 of 6512 results for "Jul"

Brighter Super makes changes to insurance offering

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
Brighter Super is increasing some of its insurance premiums and changing the way they are charged at the same time. From September 30, the cost of death and total and permanent disability cover through Brighter Super will go up across all occupational ...

Aware Super deepens TAL relationship

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
Aware Super has expanded its mandate with TAL, with the insurer to now provide cover to VicSuper members as well. To date, VicSuper members' group insurance has been provided by MetLife and Aware Super's by TAL. However, members have been informed that ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Five AMP companies will pay $14.5 million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial ...

Former financial adviser pleads guilty

CASSANDRA BALDINI  |  TUESDAY, 20 SEP 2022
Former financial adviser John Wertheimer pleaded guilty to charges surrounding unauthorised client transactions in Perth Magistrates Court. Wertheimer pleaded guilty to one charge of providing a financial service on behalf of a person who carries on ...

AMG Super to rebrand

JAMIE WILLIAMSON  |  MONDAY, 19 SEP 2022
AMG Super is going to roll out a new look as it expands its offering to include an investment portfolio service. Just last month, AMG Super's MySuper product was closed to new members. While it did fail the Your Future, Your Super performance test ...

Inconsistencies across RIC strategies: Mercer

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
Mercer analysis of publicly available retirement income strategy summaries shows a great disparity between super funds' approaches. Under the requirements of the Retirement Income Covenant, trustees set out how they'll help members with their retirement ...

Apex Group wins Laguna Bay mandate

CHLOE WALKER  |  FRIDAY, 16 SEP 2022
The global financial services provider has been appointed by agriculture fund manager Laguna Bay to provide fund administration services. As part of the mandate, Apex will assist in the establishment of Laguna Bay's third investment vehicle and ...

Will listed infrastructure protect portfolios during market downturn?

CASSANDRA BALDINI  |  THURSDAY, 15 SEP 2022
Recently, infrastructure has proven more resilient than global equities, however, when markets take a downturn it's not certain that alone will protect portfolios. Morningstar research shows that infrastructure has not been immune from market falls ...

NZ Super shifts $25bn to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022
The NZ Super Fund has shifted about 40% of its overall portfolio to low carbon indices, in a move that will "significantly reduce" the number of listed companies the fund owns directly. The NZ$57 billion fund began to roll over its indices to the MSCI ...

Stop orders placed on property funds

CHLOE WALKER  |  WEDNESDAY, 14 SEP 2022
ASIC has placed interim stop orders on made interim stop orders on two property funds after failings with their target market determinations (TMDs). The two funds were the Australian Residential Property (ARP) Fund and Private Property Trust No.20. ...