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Showing 171 - 180 of 3999 results for "Accounts"

Brighter Super to add 68k new members

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... superannuation business in 2023. It currently has over 30 insurance-only offerings on its books, home to about 111,000 member accounts, APRA data shows. "Risk-only products allow us to offer tailored insurance solutions that are not typically available ...

Super funds break records, inactive accounts balloon

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
... assets continue to hit record highs, with AustralianSuper leading the pack at $387.6 billion, the number of inactive accounts is also ballooning, APRA's latest statistics reveal. APRA superannuation fund data for June 2025 shows that more than 3.6 ...

AMP, Perpetual, Ironbark shutter funds

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... September 17. Ironbark said investment will be automatically redeemed and proceeds will be paid to investors' nominated bank accounts on or around September 24.

Advisers favour third-party support in product selection

MATTHEW WAI  |  MONDAY, 8 SEP 2025
... and asset consultants continue to play a pivotal role in financial advisers' product selection, especially in managed accounts and superannuation, Investment Trends says. According to its 2025 Adviser Product and Marketing Needs Report, which provides ...

Allow couples tax-free super splitting: Hume

JAMIE WILLIAMSON  |  FRIDAY, 5 SEP 2025
... original fund's proportion of concessional and non-concessional components. Those in defined benefit schemes as well as accounts already in pension or drawdown phase would be excluded from using the mechanism; both spouses must be in accumulation ...

Two CBA class action appeals dismissed

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
... alleged that even after CBA became aware of suspected terrorism financing, money laundering and/or structuring on CBA accounts in 38 instances, CBA did not appropriately monitor its customers to mitigate and manage money laundering and terrorism financing ...

BlackRock nabs $122bn Citi mandate

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
... appointment of BlackRock to manage approximately $122 billion (US$80bn) in assets for thousands of Citi Wealth clients whose accounts are currently managed by Citi Investment Management (CIM). Under the agreement, BlackRock will manage a range of core ...

Fortitude Investment Partners expands team

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025
... She was previously with Allan Gray for 13 years, working her way up from team leader to senior operations manager - key accounts prior to her recent move. Meanwhile, Aida Farahani joined as fund accountant and Taylor Stafford as investment associate. ...

Using super as 'piggybank' would be a 'disaster': Schroder

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
... drawdowns to coexist seamlessly. Money in and money out." Schroder said Australians should be able to integrate pension accounts with the Age Pension. "Let's rip off that red tape for all those approaching retirement. Members shouldn't have to apply ...

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... members' retirement savings. On average, retirement products have a balance of $362,000 across a total of 1.4 million member accounts. This trumps the average balances of MySuper, Choice accumulation and Choice transition to retirement products of ...