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Showing 1781 - 1790 of 9740 results for "Major"

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... superannuation with confidence. "The review has rightly called out the need for such products and we're pleased to be the first major superannuation fund to meet it. Our product is designed to provide retirees with more income in retirement and the ...

Women boost SMSF balances

ANNABELLE DICKSON  |  WEDNESDAY, 10 MAR 2021
The average SMSF member balance for women has increased more than it has for men over a five-year period to the 2018/19 financial year, new data shows. The Australian Taxation Office's (ATO) annual statistical overview on SMSFs showed the average female ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... recommended shareholders vote in favour of the scheme in the absence of a superior proposal. Mainstream's three directors and major shareholders, Byram Johnson, Martin Smith and John Plummer, who hold around 37.9% of voting rights, said they agree with ...

Westpac exec goes part-time

ANNABELLE DICKSON  |  TUESDAY, 9 MAR 2021
... agree to a court enforceable undertaking (CEU). The CEU requires Westpac to develop an integrated plan that incorporates all major risk governance remediation programs covering financial and non-financial risks and have independent assurance over the ...

MLC Life appoints retail general manager

KANIKA SOOD  |  MONDAY, 8 MAR 2021
MLC Life Insurance has appointed a general manager for retail distribution partnerships, as the incumbent leaves. Michael Downey is moving into the role that reports directly to MLC Life Insurance chief executive Michael Rogers effective March 22. The ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
... seem less than impressive, Oliver Wyman's annual Women In Financial Services report last year found Australia's major financial services firms have the second-highest representation of women on executive committees in the world. In 2019, women ...

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... consolidated revenue rather than offsetting ASIC's costs. They also noted ASIC's industry funding model had not changed despite major shifts in the financial advice sector, with banks largely exiting advice. Yet ASIC's budget to oversee financial advisers ...

Australian recovery has been outstanding: La Trobe Financial

ELIZA BAVIN  |  THURSDAY, 4 MAR 2021
Attendees of the Financial Standard Chief Economist Forum in Sydney have been reassured that Australia's economic recovery has not just been good - it's been very good. That's according to La Trobe Financial chief investment officer and ...

Equipsuper in another merger

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... merger with the Pitcher Retirement Plan, another corporate fund with $85 million of assets. Prior to that, it entered a major joint venture with Catholic Super that allowed the two entities to operate as standalone.

Possible delay for SG rise: Hume

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
The government has hinted heavily that the legislated increase to the superannuation guarantee will be delayed as Australians need more capital throughout their working life. Speaking at the Council on the Ageing (COTA) Australia's National Policy ...