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

Search Results

Showing 1091 - 1100 of 6958 results for "March"

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... premiums have changed several times since 2015. The first change that would have impacted the calculator's projections came in March 2016 when the fund made changes to its default insurance premiums. Other changes made over the years that were not reflected ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
... and over, multiples currently sit at 0.80x to 1.0x. Demand for risk clients however, remained static and in line with the March valuations. Risk clients under 55 years of age sit at 2.2x to 2.7x, while those aged between 55 and 60 are valued at 2.0x ...

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
... penalties for firms," she said. The significant penalty comes after ASIC was successful in court against Mayfair back in March, with judgement concluding that Mayfair misled investors to believe its debenture products were comparable to and had a similar ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... personal reasons, with Oakhill taking over her role in the interim. 3) Sunsuper, QSuper confirm merger will go ahead In March, the two biggest super funds in Queensland confirmed all the rumours and announced their plans to merge; a move that would create ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... of tumult at Industry Super Australia's event this morning. "We're not going to play 52 Pick-up if we win in the March or May election on a bunch of those reforms. There needs to be some things that we look at - absolutely. Any government would ...

PIMCO revives local LIT plans

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
After almost two years of delay, PIMCO is planning to launch its first Australian listed investment trust in March next year. PIMCO, which has been managing listed funds globally for about 25 years, said the new offering will seek to address Australian ...

Iress partners with fund manager

KARREN VERGARA  |  MONDAY, 13 DEC 2021
... Iress recently took over the administration of ESSSuper, whereby the super fund will cease to be its own administrator in March 2022. The decision to outsource the transactional elements of administration was made for several reasons, the fund told Financial ...

ESSSuper chief executive joins MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... but partnered with Iress in 2019 to commence outsourcing the function. Iress will officially take over as administrator in March 2022, allowing ESSSuper to focus on member relationships and growth. It is also expected to enable fee cuts down the line ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... made no change to fees. The September quarter also had the lowest proportion of products reducing fees. To compare, the March 2021 quarter saw 56% of products cut fees while just 16% increased them. "In terms of the individual fee components, despite ...

FPA names new chief executive

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... profession and how it has transformed itself in recent times," Broome said. De Gori, who served as chief executive since March 2016, advised the FPA's board of his intention to leave in July after spending 12 years in total with the association. ...