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Showing 1491 - 1500 of 22869 results for "Super"

AMP profit dives as advice business sale bites

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
AMP's statutory net profit after tax (NPAT) slumped to $150 million in the 2024 financial year, nearly half the previous year's result, which the firm attributed to simplification spend and the sale of its advice business. The prior year's ...

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
Australian Retirement Trust (ART) has signed a Successor Fund Transfer Deed (SFT) with Qantas Super to progress its merger, scheduled to complete on 29 March 2025. ART chief executive David Anderson said the merger completion will deliver benefits to ...

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... gap has materialised, with boutique advice practices unable to match the marketing budgets of bigger players. Though as super funds move further into the advice space following the government's post- Quality of Advice Review reforms, they may take the ...

ART, MLC AM, HESTA name directors

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
Former Bendigo and Adelaide Bank chief Marnie Baker and former Brighter Super director Jennifer Thomas have joined the Australian Retirement Trust Board. Both directors bring extensive experience to the ART board. Baker spent 35 years with Bendigo ...

Super moves: VFMC, QIC, Prime Super

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... Chinatrust Commercial Bank. Meanwhile, Grace Ye has won the newly created senior risk and compliance analyst position at Prime Super as the fund continues to beef up its operational and enterprise risk and compliance. Ye joined the financial services ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... Seeing it firsthand - people struggling while trying to come to terms with the fact they have a loved one who's dying - they [super funds] should make this process as smooth as possible, rather than making them jump through hoops and showing zero compassion. ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
The Australian Securities and Investments Commission (ASIC) said reviews are underway into why consumers are advised to establish an SMSF. Plans for the review were first announced in ASIC's Corporate Plan 2024-25 and the regulator has now confirmed ...

SMSFs outperform APRA funds over five years: Research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
New research shows that self-managed superannuation funds (SMSFs) outperformed APRA-regulated funds by 1.2 percentage points per annum in the five years to June 2023. According to research from the University of Adelaide's International Centre for ...

Australians don't trust politicians with their super: FSC

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
Australians overwhelmingly distrust the government on superannuation taxes and are wary of placing their confidence in the opposition, according to a new nationwide poll. The nationally representative poll, commissioned by the Financial Services Council ...

EQT awarded two new mandates

ELIZA BAVIN  |  TUESDAY, 11 FEB 2025
Equity Trustees (EQT) has been awarded two fresh mandates to act as responsible entity for both Realm Investment House and MA Financial. MA Financial Group partnered with EQT as the responsible entity and custodian for its newly launched MA Credit Income ...