Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1501 - 1510 of 18098 results for "Superannuation"

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
Mercer Superannuation Australia has been slapped with a whopping $11.3 million penalty by the Federal Court on the back of an ASIC-led greenwashing investigation. Mercer was found to make misleading statements on its website about seven Sustainable ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... the firm's authorised representatives had contacted prospective clients, urged them to establish a self-managed superannuation fund (SMSF), rollover their existing superannuation into the SMSF, and then invest it in highly speculative schemes tied to ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... raised by the Financial Services Royal Commission. N.M. Super, which controls the AMP Super Fund and Wealth Personal Superannuation and Pension Fund, which collectively manage approximately $114 billion in assets, was initially issued directions and ...

Most Australians proactively retire: Research

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
Two-thirds of Australians with guaranteed income streams are proactively retiring with fewer worries and are doing so to enjoy their twilight years, contrary to popular belief, a new study reveals. Research from Macquarie University's School of ...

FEAL names Fund Executive of the Year

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
... vision, drive, and courage" throughout her tenure as the super fund's leader. The annual award is bestowed to superannuation fund executives who significantly contribute to the ever-evolving super fund industry. Farrar also received a $30,000 education ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... Russell Investments head of Australia and New Zealand Tim Furlan said the strong returns are helping to grow the superannuation savings of its 80,000 members. "It also reinforces the commitment of the fund to manage investments through members' life ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... there's very little financial literacy among young people in Australia, unless their parents teach them about superannuation and investing. As such, he emphasised that enabling the provision of advice is "definitely a top priority." On the subject ...

US election outcome tops investor concerns: Natixis

MATTHEW WAI  |  WEDNESDAY, 31 JUL 2024
... survey finds that the US election is the most significant risk to the market and could ultimately vary Australian superannuation funds' investment strategy. The 2024 Strategist Outlook, commissioned by Natixis, showcased the market's sentiment ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
New research from the Super Members Council (SMC) has revealed using superannuation for house deposits could, over time, increase rental prices. SMC said the Coalition's plan to use super for house deposits is projected to cause a 9% spike in the ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
CareSuper and Spirit Super will merge on November 1, with the new executive lineup and new name confirmed. The merged fund, which will retain the CareSuper name, will be home to some 572,000 members and $52 billion in funds under management. "While ...