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Showing 1271 - 1280 of 1509 results for Andrew McKean

Are Australia's wealthiest tight-fisted?

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
The Centre for Social Impact's report investigating trends in Australians' income and philanthropic giving has found that although top-end wealth has grown, giving has lagged. Australia has the world's second highest median level of wealth and the fourth ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
ASIC is calling on superannuation trustees to review and improve the effectiveness of target market determinations (TMD) for their products. The regulator's request follows a sample review of trustee compliance that found some poor practices. ASIC ...

Online investor numbers taper out: Report

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
Retail investor numbers have dropped as pandemic-driven hype dampens according to an Investment Trends, 2022 First Half Australia Online Investing report. The report reveals retail online investor numbers have begun to ease. An estimated 1.47 million ...

Link Group hires technology, marketing leads in super arm

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
Link Group has appointed Devan Naidoo as the technology director of its Retirement and Superannuation Solutions business and Rachel Richardson to lead the marketing of this division. Naidoo will lead the global technology function, focused on creating ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
AustralianSuper has raised the fees of most investment options on account of its recent investments in several large infrastructure and property assets. The fund's balanced option, in which more than 90% of its members are invested, saw its fees ...

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
An Industry Super Australia (ISA) report has called the pool of national savings created by the super system a key strength of the Australian economy and the envy of the world. According to the report, in periods of economic uncertainty and market volatility ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
The latest gender indicators from the Australian Bureau of Statistics (ABS) show that the pay gap between men's and women's salaries has persisted, leading to greater super balance disparity. The ABS said the difference in full-time earnings between ...

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
Industry Super Australia (ISA) has said that industry super funds' exposure to unlisted assets could lead to its members having more than $130,000 extra at retirement. Today, industry funds have investments of over $1 trillion, including more than ...

Adam Willis joins DWS distribution team

ANDREW MCKEAN  |  TUESDAY, 23 AUG 2022
DWS has hired Adam Willis as a senior client coverage specialist in its client coverage division across the Australian and New Zealand markets. Willis is Sydney-based and reports to DWS head of client Coverage Division Australia and New Zealand Lidia ...

HUB24 delivers record profit, growth

ANDREW MCKEAN  |  TUESDAY, 23 AUG 2022
... experienced during FY22, the company did revise its FY24 FUA guidance to a range of $80-$89 billion. HUB24 managing director Andrew Alcock commented: "HUB24 has achieved record levels of organic growth, whilst also completing the acquisition of Class. ...