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Showing 1111 - 1120 of 18098 results for "superannuation"

SMSF sector continues to grow

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
... direct equities. "Despite concerns about the future of the wholesale investor test, the potential Division 296 superannuation tax, compliance requirements and cost of advice concerns, SMSFs remain in favour with distinct groups of investors and advisers ...

Apex names country head and COO

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... has expanded its Australian leadership team with two key appointments following its agreement to buy Iress's superannuation business. Nick Bradford has been named country head for Australia with Chris Stevens taking on the role of chief operating ...

Super moves: Aware Super, CareSuper

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... Super has added a new associate portfolio manager to its infrastructure team. In the new role at the $190 billion superannuation fund, Sue Jiang is responsible for the origination of new investment opportunities and managing the existing investments ...

ART appoints chief commercial officer

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
... replaced long-tenured chief commercial officer Dave Woodall who left to join Insignia Financial as chief executive of superannuation. As chief commercial officer, Mckay is responsible for delivering ART's services to corporate, institutions, the ...

Bragg accuses ASIC of secrecy

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Senator Andrew Bragg has questioned ASIC over how it handles investigations and proceedings against superannuation funds when it comes to claims handling delays. The back and forth with ASIC commissioner Simone Constant consisted largely of Constant ...

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
... maintain that as the regulator it is APRA's role to investigate any concerns they may have on any matter within a superannuation fund." Taylor added that APRA had previously scrutinised BUSSQ's fit and proper assessments without any adverse findings. ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... of work expected to complete in 2028. In all, it is an eight-year agreement. Insignia Financial chief executive, superannuation Dave Woodall said it marked an exciting milestone for the business. "This innovative model and partnership is the first of ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
... and had subsequently pleaded guilty to having dishonestly transferred funds from two of his clients' self-managed superannuation funds (SMSFs) to his own businesses between February and March 2015. The companies included Thrive Lending, Trade BTC, and ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... proposals go some way to addressing some problems, more work needs to be done. Briggs pointed to an FSC survey of 29 superannuation, financial advice licensees, and funds management members, which found that each minor breach reported to ASIC costs $3800 ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... "significant administrative and compliance" hurdles to claim them. Separately, AustralianSuper said that the low-income superannuation tax offset (LISTO), which compensates low-income individuals for the tax their super fund pays on concessional contributions ...