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Showing 1421 - 1430 of 4013 results for "Accounts"

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... payments, and changing the Commonwealth's contributions to top-up payments instead of co-contributions into the super accounts of primary carers of a pre-school aged child. The firm also wants to see super contributions given to all people receiving ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
... Services and Financial Technology Jane Hume told Financial Standard the PYS fee cap would only hurt AustralianSuper for accounts with balances under $4000; the number of which has not been disclosed to Treasury. In addition, the spokesperson said that ...

Industry fund dumps Link

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... understanding of managing defined benefit schemes for the significant proportion of funds they have in defined benefit accounts." Walsh also emphasised Mercer's investment in resources and innovations, which he said ensures the funds it administers ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... trustees. AMP is currently defending a class action brought by Maurice Blackburn that alleges two million superannuation accounts were impacted by trustee failures.

GAM hires, launches new strategies

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2020
... new hire for its wholesale business and the introduction of two new funds. Ryan Crewe has been appointed manager - key accounts and will be responsible for developing GAM's distribution efforts in the wealth advisory market. Crewe joins GAM from ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... executive John Stumpf has been banned from the banking industry and will cough up US$17.5 million for his role in the fake accounts scandal that has continued to rock the world's fourth largest bank since 2016. The Office of the Comptroller of the Currency ...

Your Super, Your Choice debate heats up

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... to maintain multiple super account." The FSC cited Productivity Commission modelling suggesting an individual with two accounts for their whole working life will be 6% worse off than those with just one. "We don't have laws which force people into particular ...

Westpac appoints new chair

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... his career McFarlane has also held roles as chair of TheCityUK, the UK's coordinating financial services body which accounts for 11% of the UK GDP with over 1.3 million employees. "This experience, coup-led with his strong customer and employee focus ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... and costs payable on a $50,000 balance to $437. It will not apply to Choice Income or Transition to Retirement Income accounts. The new fee is in addition to the fund's existing administration fee of $2.25 per week and investment fee of 0.60%, and ...

Millions up in smoke in cannabis scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... yacht for Russell. Griffithe also allegedly deposited approximately US $1.7 million into Russell's personal bank accounts. To create the illusion that the marijuana business was profitable and paying dividends as promised, Griffithe allegedly paid ...