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Showing 1661 - 1670 of 22869 results for "Super"

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... investment leadership team playing to their strengths," but warned of key person risks. In its review of the $305 billion-plus super fund, Morningstar has highlighted its investment team's prowess, the design and application of the investment process ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Cbus chair Wayne Swan faced the Senate Economics Committee today to answer questions around the super fund's claim handling delays, governance and payments made to the CFMEU. Cbus is facing legal action from the Australian Securities and Investments ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... employer contributions increased by 11.4% over the year to $140.8 billion. "This growth was driven by the increases in the super guarantee rate to 11% from July 2023 and 11.5% from July 2024, and seasonally adjusted wages rising by 3.5% for the year," ...

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
The financial advice industry has finally earned "profession" status and has the potential to self-regulate in the near future, according to Financial Advice Association Australia (FAAA) chair David Sharpe. In six years' time, Sharp believes the advice ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the Financial Advice Association Australia (FAAA) warns in anticipation of the looming ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
APRA deputy chair Margaret Cole and ASIC deputy chair Sarah Court have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime (FAR) before it takes effect next year. The FAR commenced for ...

Illegal investment scheme operator to pay $1.25m

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
The Federal Court has ordered Sasha Hopkins to pay $1.25 million and be disqualified for four years, in proceedings brought by ASIC. The court also ordered that The A Team Property Group, five of the investment schemes and associated companies be wound ...

AustralianSuper expands international equities team

MATTHEW WAI  |  THURSDAY, 28 NOV 2024
... Investment Managers following a near three-decade career at the firm where he specialised in US equities and will lead the super fund's high growth global equities strategy. Meantime, Narula was most recently the equity partner at the Mirabaud Group ...

Brighter Super makes fee, death benefit changes

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Brighter Super is reducing administration fees from January 1, while also introducing a weekly account keeping fee. It's also changing the way death benefits are dealt with. Effective January, the annual percentage-based admin fee charged to Brighter ...

ART, ISPT to build $585m Sydney life sciences hub

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Australian Retirement Trust and Industry Super Property Trust signed a 99-year lease from the University of Sydney to build a healthcare and life sciences hub. As Australia's population ages, demand for healthcare is expected to increase significantly ...