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Showing 1451 - 1460 of 32418 results for "ALS"

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
The Federal Court has ordered National Australia Bank (NAB) and its subsidiary ASFH Nominees to pay a pecuniary penalty of $15.5 million for failing to respond to customers facing hardship. The court found that between 2018 and 2023, NAB and ASFH failed ...

HSBC awarded Allianz Australia mandate

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
HSBC has been appointed global custodian and fund administrator for the general and life insurance businesses of Allianz operating in Australia. Allianz Australia selected HSBC after a competitive tender which was designed to identify a securities services ...

AMP Super rolls out cashback feature

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
The new feature will allow AMP Super members to boost their retirement savings by earning cashbacks, which could grow their balances by as much as $100,000 when they retire. Despite the significant benefits of compounding, AMP found the concept is poorly ...

High-risk super options pay off: Morningstar

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
Superannuation funds delivered strong performance in Q2 2025, particularly among higher-risk options, according to Morningstar's inaugural Superannuation 360 Quarterly report. The report found that Aggressive and Growth peer group averages led the way ...

ASIC calls out super 'leaders and laggards'

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
ASIC commissioner Simone Constant has told super trustees more needs to be done to meet obligations under the Retirement Income Covenant. "We are three years into the Retirement Income Covenant now. Three years since trustees have been obliged by law ...

Super board moves: ART, Aware, Brighter Super

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
August is a season for reporting - and board appointments. Three major super funds ART, Aware and Brighter Super announce their latest additions. At Australian Retirement Trust (ART), multiple chair appointee Anthony Lynham will join the board on August ...

LGT Crestone taps alternatives and ESG expert

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
With its alternatives portfolio leaping from $150 million to $9 billion within 10 years, LGT Crestone has recruited an alternatives specialist from Escala Partners to join the group. LGT Crestone, a wealth manager with more than $600 billion in client ...

Cbus appoints head of strategy

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
From real estate to toll roads and now, superannuation, Jessica O'Brien joins Cbus in a newly-created role. Cbus announced the appointment of Jessica O'Brien to the newly created role of head of strategy and portfolio performance in the fund's ...

AMP recruits former SSGA sales manager

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
AMP continues to expand its North platform business with the appointment of a top sales manager. Amanda Trenfield joins North as senior manager, asset consultant partnerships. Trenfield boasts over 20 years of experience in launching and supporting ...

ASIC to review RG97 to boost property supply

JAMIE WILLIAMSON  |  WEDNESDAY, 13 AUG 2025
ASIC is reviewing the need for superannuation funds to include stamp duty payments in fee disclosures in a bid to boost their investment in property. Super funds have long held concerns that obligations under Regulatory Guide 97: Disclosing fees and ...