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Showing 1321 - 1330 of 6512 results for "Jul"

Aware Super hires member growth executive

KARREN VERGARA  |  MONDAY, 16 AUG 2021
Aware Super has appointed a new group executive for member growth. Steve Travis joins Aware from Sunsuper, where he was the chief member officer for nearly three years. Prior to that he was the head of strategic planning for the retail division at Vanguard. ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
The Delta variant and its seeming immunity to lockdowns and extended lockdowns continue to dominate attention in Australia. Last week, the state of New South Wales (NSW) announced stricter and broader (into regions) of restrictions; the Australian Capital ...

Perpetual ups acquisition liability

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
Perpetual will need to fork out more cash for its Barrow Hanley acquisition as it revalues the remuneration paid to staff. The firm originally estimated that the amount of incentive compensation accrued to be $2.1 million. This has jumped to $10.2 million. ...

Super fund reporting, auditing reform consultation opens

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
Consultation has commenced on more stringent financial reporting and auditing requirements for superannuation funds, with the government looking to implement a framework that is commensurate with the size of the sector. The Treasury Laws Amendment (Financial ...

Perpetual hires from AMP Capital

KANIKA SOOD  |  WEDNESDAY, 11 AUG 2021
AMP Capital's head of sector multi-manager who left in July after nearly 25 years with the company has joined Perpetual. Lydia Kav (nee Serafim) joined Perpetual Private as head of manager research this month. Perpetual Private's multi-manager team ...

MSC Group hires exec director, eyes Sydney

KANIKA SOOD  |  MONDAY, 9 AUG 2021
The Melbourne-based trustee firm has hired an executive director as it looks to expand into Sydney. Phil Joseph has 40 years of experience, most recently as an executive director at AMAL Trustees. He spent 15 years at Perpetual and has worked on other ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
Treasury has selected two MSCI indexes to serve as benchmarks for super funds investing in property under the Your Future, Your Super reforms. The MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index and MSCI Australia Quarterly Private ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
In final YFYS regulations released last week, the government now wants super fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test. The last minute changes to the Your Future ...

Netwealth integrates with fintech

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Newly launched financial advice software ProductRex has partnered with Netwealth. Advisers using the app are able to import data from Netwealth's platform into their ProductRex account. ProductRex managing director Nick Topham said the partnership ...