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Showing 1551 - 1560 of 18104 results for "Superannuation"

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024
TelstraSuper has handed over an undisclosed amount to Quinbrook Infrastructure Partners, to be invested in its Net Zero Power Fund. Quinbrook's Net Zero Power Fund, which is targeting US$2 billion, seeks investments that look to support decarbonisation ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... group insurance-specific issues, comprising 37.4% of complaints for the period. Rainmaker found that APRA-regulated superannuation funds paid up to $8.8 billion in premiums last year, which is lower than the $9.2 billion record set pre-Covid in 2019. ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... 13.2% return in its first full financial year. This investment option outperformed some of Australia's largest superannuation funds, surpassing all industry funds on a one-year basis, according to the latest Rainmaker Information performance tables. ...

Highest paid ASX 200 chief executives revealed

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
The Australian Council of Superannuation Investors (ACSI) has disclosed the highest paid ASX 200 chief executives based on realised pay, which includes the value of cash and equity received. ResMed chief executive Mick Farrell topped the list with a ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
... financial services, including 26 years in chief executive roles. "Jim Minto brings deep expertise in life insurance, superannuation, trustee services, managed funds, investment management, financial planning, health insurance and general insurance," ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... pointing to "deep concerns" in how the scheme is funded. The top 10 APRA-regulated financial institutions, excluding superannuation funds and health insurers, will also foot the bill. The federal government will only fund the period between 4 April 2024 ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... (ASIC) and the Australian Prudential Regulation Authority (APRA) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability Regime (FAR). The FAR already applies to the banking ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... wealth, with a Gini Index of 54 seeing it ranked third in terms of wealth equality. McAuley said strong growth in superannuation and property has spurred a rise in millionaires by USD standards, with the country nearing two million. "We expect growth ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Financial advisers are focused on helping their clients navigate superannuation contributions, transfer balance caps, dealing with a death benefit and home ownership issues, according to the latest data from AMP Advice. TapIn, AMP Advice's technical ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... model and introducing a new structure that will centre around four dedicated lines of business: asset management, superannuation (Master Trust), wrap platform and advice. "Each business line will be led by an executive with end-to-end accountability ...