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Showing 1221 - 1230 of 4509 results for "Saving"

Legalsuper adds Law Institute of Victoria chief

JAMIE WILLIAMSON  |  TUESDAY, 4 MAY 2021
The $4.5 billion industry superannuation fund has welcomed Law Institute of Victoria chief executive Adam Awty to its board of directors. Awty has replaced Ashurst partner Geoff Hone who served on the board for 11 years. "At a time when superannuation ...

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
Proposed new legislation will see proxy advisers forced to be much more transparent on how and why they vote on matters put to shareholders. The government is proposing to reform proxy voting by requiring superannuation funds to disclose more detailed ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Increased merger activity in the superannuation sector will see most of Australia's retirement savings managed by just 12 funds, new research shows. KPMG's annual Super Insights report analysed APRA and ATO data and found that once the mergers that ...

More members monitoring superannuation

KARREN VERGARA  |  MONDAY, 3 MAY 2021
... view in regard to their super and wealth. COVID-19 has shaken the confidence of members and prompted them to prioritise saving as 55% are placing greater importance on how much they are saving compared to 12 months ago, MLC found. About one quarter of ...

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... chief executive in normal succession-planning processes." Shareholders questioned the progress of the $300 million cost-saving strategy espoused by De Ferrari as part of his plans to salvage the business. This time last week, AMP announced it is splitting ...

Cbus appoints head of advice

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
Industry super fund Cbus has appointed a head of advice. Lynda Cross has stepped into the role, promoted from her previous position as manager of advice partnerships and performance. Prior to joining Cbus, Cross was manager of advice and education at ...

HESTA hires former Vanguard head

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
HESTA, the $60 billion industry fund for the health and community services sector, has made a key appointment within its investments team. Stephen Howard has been appointed general manager, defensives. He was the head of fixed income for Asia Pacific ...

Vanguard UK upends cost of advice

KARREN VERGARA  |  TUESDAY, 20 APR 2021
... industry charges on average. Vanguard Personal Financial Planning promises to provide high-quality, low cost, retirement-saving advice based on a tiered approach. Support-service levels increase in line with investors' portfolios and as financial ...

MLC GM joins dealer group

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
... market." He added that Wealth Market is focused on helping advisers to grow their businesses while keeping them safe and saving them time. Fabig's appointment, he said, coincides with what Lawler considers to be an inflexion point in the industry. "Advisers ...

Mawhinney banned for 20 years

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
The Federal Court has ruled that Mayfair 101 founder James Mawhinney cannot fundraise for or advertise financial products for 20 years. The judgement, delivered this morning, ordered that Mawhinney and any of his employees or any companies he is a part ...