Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 504 results for %22October superannuation funds%22

Ian Silk to leave AustralianSuper

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
... executive of AMP Capital. Under Schroder's leadership as chief risk officer, a newly created role he was appointed to in October 2019, the fund's commitment to combatting cybersecurity and other threats to its framework and data was ramped up. ...

FSC launches DDO templates

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
... aid the implementation of DDO. ASIC's RG 274 Product design and distribution obligations will come into effect in October and aims to help consumers obtain appropriate financial products by requiring issuers and distributors to have a "consumer-centric ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... regulator opened consultation on plans to force sub-£100 million workplace pension schemes to justify their existence. From October this year, these plans must pass a series of value-for-member tests. If they fail the tests and fail to take immediate ...

Charter Hall exec to chair NHFIC board

KANIKA SOOD  |  MONDAY, 28 JUN 2021
... recently crossed $2 billion in debt issuance, whose investors have included superannuation funds like Cbus and UniSuper. In October last year, the minister for housing Michael Sukkar appointed Commonwealth officer Robert Jeremenko as a board observer. ...

Vanguard appoints fund administrator

KANIKA SOOD  |  MONDAY, 31 MAY 2021
... to launch later this year. On April 28, a consortium including Pacific Equity Partners and Carlyle Group withdrew their October 12 bid to acquire Link. Link is currently in the process of listing property settlement platform PEXA. Vanguard managed about ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... guilty of 15 offences. Hopkins was the sole director of QWL, a financial planning and asset management firm. Between 14 October 2016 and 8 October 2019, Hopkins advised clients on their self-managed superannuation accounts, but had complete control of ...

Long way for super complaints overhaul

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
From October 5 super funds must have stronger internal dispute resolution systems but a new ASIC survey shows many are still overshooting the 45-day deadline for resolving member complaints. The new IDR rules were set out in RG 271 introduced last July. ...

Former adviser cops eight-year ban

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... for a total of $1.4 million from Nulis Nominees Australia, the trustee of the MLC Super Fund between November 2016 and October 2017.

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... for a total of $1.4 million from Nulis Nominees Australia, the trustee of the MLC Super Fund between November 2016 and October 2017. ASIC also alleges between August 2017 and October 2017, Saad attempted to obtain a further $92,400 on behalf of 10 of ...

Adviser-led TPD claim admittance rates fall

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... be attributed to lower premiums collected in 2020 after legislation turned off insurance on lower-balance accounts from October, and the early release of superannuation, which whittled away at many superannuation accounts.