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

Search Results

Showing 1631 - 1640 of 4872 results for "July 2035"

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
One of the largest providers of SOAs has seen a significant rise in users, with the cost of super and pension investments dropping by up to 10 basis points on the back of digital advice. The Sargon Decimal annual Digital Insights report shows that between ...

MLC Life loses super fund mandate

KANIKA SOOD  |  MONDAY, 16 DEC 2019
An $8.5 billion corporate superannuation fund has swapped out MLC Life Insurance for another provider after eight years. Qantas Super will now use OnePath Life as its insurance partner, with an expected start date of 1 July 2020. The fund started to ...

Super funds merge, leaders appointed

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
First State Super and VicSuper have confirmed a merger will go ahead, naming the chief executive and chair for the combined $125 billion fund. First State Super and VicSuper have signed a merger deed with a merger effective 1 July 2020. The merged funds ...

Active ETF review results imminent

KANIKA SOOD  |  WEDNESDAY, 11 DEC 2019
ASIC will meet with key players in the active ETF space this afternoon and is expected to release the findings of its review of the sector as early as this evening. The corporate regulator has invited product issuers, market makers and the exchanges ...

BT Super announces new admin fees

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
BT Super has announced a new admin fee schedule for BT Super and Asgard Employee Super members. The new fee schedule will be implemented as part of BT's simplification and migration program to BT Super. The migration program will see BT migrate ...

Industry fund publicly shames investment adviser

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
A $3.3 billion industry superannuation fund revealed it has put an investment adviser on watch in relation to ESG concerns. First Super said Orbis Investment Advisory is on watch due to its approximately 23% holding in XPO Logistics. XPO Logistics is ...

ACCC immunity deal questioned by court

ELIZA BAVIN  |  FRIDAY, 6 DEC 2019
JPMorgan's former head of equity, capital and derivatives, Richard Galvin, has been forced to answer questions over the immunity deal offered to him by the ACCC over the cartel scandal of 2015. The Commonwealth brought charges against ANZ, Citigroup ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... comes despite incorporating two of the RBA's interest rate reduction this year (from 1.5% to 1.25% in June and 1% in July - it cut rates again to 0.75% in October) and the Morrison government's tax cuts implemented in July. Recall that, the RBA's ...

Grow Super hires Qantas Super executive

KANIKA SOOD  |  MONDAY, 2 DEC 2019
Grow Super has hired Qantas Super's chief operating officer, as it looks to divest its superannuation business and pivot towards administration services. Grow Super is currently looking for a buyer for its $39 million (as at June end) of superannuation ...

Rest climate risk case goes to trial

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
A three-day trial has been scheduled for the landmark case brought against Rest by member Mark McVeigh. The case, related to climate change risks, will have its day in court with a three-day trial scheduled for the week commencing 20 July 2020. The ...