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Showing 1221 - 1230 of 8323 results for "Retire"

ASIC chief executive to depart

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... of experience in financial market development, regulation, and supervision. Yanco has informed ASIC that he expects to retire in mid-2025. A local and global search for a permanent chief executive will commence in early 2025. Meantime, after more than ...

ESSSuper faces class action threat over unpaid super

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... allowances under the defined benefit scheme." "I worked for over 45 years and to now be forced into legal action so I can retire is devastating." RTBU branch secretary Vik Sharma reinforced the union's commitment to ensuring that members receive what ...

ASFA appoints new policy head

ELIZA BAVIN  |  FRIDAY, 12 APR 2024
The Association of Superannuation Funds of Australia (ASFA) has announced the appointment of James Koval to the newly created role of head of policy and advocacy, effective immediately. ASFA chief executive Mary Delahunty said she was delighted to welcome ...

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
Job flexibility and a tight labour market are keeping more Australians at work, research from KPMG finds, giving rise to a delay in their retirement. The analysis found that men are retiring at 66.2 years old, from 63.3 years old two decades ago, while ...

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... to benefit Rest's approximately two million members, including the more than a million who are younger than 30 and will retire into a post-2050 net-zero world," Lill said. "With logistics properties trading at attractive rates and demand for energy efficient ...

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
Another of the few remaining standalone corporate superannuation funds will close its doors this year. After almost five decades, the Manildra Flour Mills Retirement Fund (MFMRF) has been closed to new members and will be wound up. The fund was established ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Heartland Group Holdings has announced it received indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said ...

Nest appoints interim chief executive

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
Ian Cornelius will become interim chief executive on 1 May 2024 following a short handover period from Helen Dean who will leave Nest at the end of this month. Cornelius brings 25 years of experience in senior executive roles with leading financial ...

A quarter of advised Australians nervous about retirement

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
Physical health and financial security are the primary factors influencing how content Australians in or near retirement are, according to a new report. Challenger's inaugural Retirement Happiness Index, in collaboration with independent research house ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...