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Showing 91 - 100 of 100+ results for "Super"

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
Senator Jane Hume is warning consumers who fall victim to bad advice from finfluencers not to rely on the government for compensation. Speaking on the first day of the Association of Financial Advisers national conference, the minister for superannuation ...

New super fund prepares for launch

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
Tomorrow Super is readying itself for a $5 million pre-IPO funding round, with the promise of a financial adviser friendly superannuation solution. Crescent Wealth has acquired an 8% stake in Tomorrow Super and has become the firm's maiden white label ...

BOQ bolsters executive team

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
Bank of Queensland has appointed a chief risk officer from IAG and promoted from within for group executive business banking. David Watts will commence as chief risk officer in 2022. He previously spent over three years at IAG as chief risk officer ...

AMP reduces super fees

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
Members of AMP's super products will see savings across both administration and investment fees from October, with some set to make significant savings. As a result of consolidating its superannuation products from 11 to three, AMP's MySuper ...

More departures at EISS Super

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
Just a week on from the exit of its chief executive, EISS Super has also now bid farewell to its chair and several directors. Fund chair Warren Mundy has departed the fund, alongside directors Mike Roche, Juliet Dunworth and Thomas Costa. Roche had ...

What will it take to get super on parental leave?

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
... government are failing parents, costing mothers $1.6 billion in superannuation, according to new research from Industry Super Australia. Many employers, even large companies, still fail to pay parents parental leave - forcing them to rely on Centrelink ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... asked three Hostplus executives about any "pseudo-laundering" taking place between the fund and IFM, a vehicle set up by super funds to invest on their behalf. "Now, I'm not suggesting anything illegal, but merely that money's coming from a particular ...

AustralianSuper ups stake in WestConnex

KARREN VERGARA  |  MONDAY, 20 SEP 2021
The $233 billion superannuation fund's stake in WestConnex rose to 20.5% after the consortium it's a part of took full ownership of the motorway. The Sydney Transport Partners (STP) consortium purchased the remaining 49% interest or $11.1 billion ...

Charter Hall REIT, Hostplus acquire ALE

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
Charter Hall Long WALE REIT (CLW) and a Charter Hall managed trust on behalf of Hostplus is set to acquire ALE Property Group. The $1.68 billion transaction will see CLW and Hostplus each holding a 50% stake in ALE on completion. The Charter Hall consortium ...

Common ownership concerns redundant: AustralianSuper

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
The $225 billion industry fund's outgoing chief executive Ian Silk is adamant the fund will never engage actively in common ownership, while also hinting at plans to bring more investing in-house. Appearing at a Standing Committee on Economics hearing ...