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Showing 11581 - 11590 of 22151 results for "Tim"

ME lifts profit 8pct

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super fund-owned bank ME has posted an after-tax underlying net profit of $30.2 million for the six months to 31 December 2015, a rise of 8% on the previous corresponding period. ME chief executive Jamie McPhee said it was a strong result in ...

Industry funds happy SG charge retained

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super funds have welcomed the retention of the full Superannuation Guarantee Charge following a debate in Parliament. The SG charge is a penalty paid by employers who fail to make their quarterly SG contributions on time. It was set to be diluted ...

CFS upgrades FirstChoice and FirstWrap

MARK SMITH  |  THURSDAY, 17 MAR 2016
Colonial First State (CFS) has made more enhancements to its platforms to help advisers spend less time on back-office work and more time in front of their clients. CFS general manager product and investments, Peter Chun, said the improvements responded ...

UK to introduce lifetime ISAs

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
The UK government has just announced in its 2016 budget that it will be launching subsidised Lifetime Individual Savings Accounts that will allow people under 40 to save for their first home and retirement. The initiative follows a raft of other measures ...

Statewide chair collects AIST Trustee of the Year

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
Statewide Super independent chair Juliet Brown has collected the Australian Institute of Superannuation Trustees (AIST) Trustee of the Year. Presented the award at the Conference of Major Superannuation Funds in Adelaide, AIST president Angela Emslie ...

New insurance industry guidance on its way

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
Superannuation trustees will soon be able to access a document that provides all the information required to fully and better understand their fund's insurance business. Speaking at the Conference of Major Superannuation Funds yesterday, Industry Funds ...

ESSSuper appoints transformation chief

ALEX BURKE  |  WEDNESDAY, 16 MAR 2016
The $24 billion emergency services industry superannuation fund, ESSSuper, has appointed a chief transformation officer. Tim Richardson joins ESSSuper from NBN Co. He has also held roles at ANZ Wealth, NAB Wealth and KPMG. At ESSSuper, Richardson will ...

Capital Group rethinks global investment

KERRIE SYDEE  |  WEDNESDAY, 16 MAR 2016
Global investment manager Capital Group has launched its US global equity strategy in Australia. The New Perspective fund focuses on trends in global trade and economic and political relationships rather than specific industries or regions. The newly ...

SuperStream sees 70% of member contributions

ALEX BURKE  |  WEDNESDAY, 16 MAR 2016
Over 70% of members' superannuation contributions to APRA-regulated funds are being sent through SuperStream, according to ATO figures. The new electronic payment standard saw 22.8 million contribution transactions in the September 2015 quarter alone. ...

Senate recommends immediate adviser bans following "bitter harvest"

ALEX BURKE  |  TUESDAY, 15 MAR 2016
The Senate Economics References Committee has recommended legislative amendments which would allow ASIC to immediately suspend a financial adviser if "egregious misconduct" is suspected. Released today, the committee's report on the agribusiness managed ...