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Showing 1221 - 1230 of 18098 results for "superannuation"

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... it's very difficult to form a view on value," he said. As previously reported by Financial Standard, retail superannuation giant Colonial First State also said no to crypto, with its chief investment officer Johnathan Armitage explaining that crypto's ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
Many superannuation trustees have been told they must improve their valuation governance practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. ...

Cost-of-living worries drain retirement confidence: MFS

KARREN VERGARA  |  TUESDAY, 17 DEC 2024
... encouraging to see the government trying to address this blind spot and enable more advice to be provided within superannuation, there is clearly much work to do, and clarification needed," he said. An AustralianSuper survey found that 600,000 of its ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... liabilities. The first financial adviser, identified as only "Mr. C", was reprimanded for recommending a client make a superannuation non-concessional contribution of $329,000 in the 2023 financial year. The client's non-concessional cap, however, for ...

ISPT joins IFM Investors

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
Unlisted property fund manager ISPT has integrated into fellow industry superannuation-owned business IFM Investors, with its chief executive, Chris Chapple, to take on a new leadership role. The two businesses, following a Scheme of Arrangement, came ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... compared to the average industry time of 24 days, according to ASIC's 2022 report Snapshot of complaints handling by superannuation trustees. The report also outlined how long the fund takes to deliver a death benefit claim from the notification of death ...

Iress reinstates dividends

ELIZA BAVIN  |  FRIDAY, 13 DEC 2024
... UK. As deputy chief executive, Mitchell assumed additional operational responsibilities, including for Iress' superannuation business, alongside his existing portfolios of APAC wealth and UK wealth and sourcing. Iress reported adjusted EBITDA increased ...

Danielle Press joins Income Asset Management

JAMIE WILLIAMSON  |  THURSDAY, 12 DEC 2024
... effective today. She was most recently a commissioner at ASIC, and is currently chair of the Insignia Financial Superannuation Trustee Boards. She has previously served as chief executive of Myer Family Company and Equip Super. The appointment comes ...

Colonial First State completes group insurance review

JAMIE WILLIAMSON  |  THURSDAY, 12 DEC 2024
... members. AIA has served as group insurer since it took over CommInsure in 2019 and was reappointed in 2021. CFS Superannuation chief executive Kelly Power said the insurance cover provided through superannuation plays an important role in helping members ...

Con Michalakis jumps to Funds SA

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... served as Hostplus deputy investment chief since March 2022 following the merger between Hostplus and Statewide Superannuation. He was head of investments at Statewide Super for 13 years before that. There, he became known for his bold investing style ...