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Showing 1 - 10 of 391 results for "Retirement Fund"

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
... corporate superannuation funds will close its doors this year. After almost five decades, the Manildra Flour Mills Retirement Fund (MFMRF) has been closed to new members and will be wound up. The fund was established in 1977 by agribusiness Manildra ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
Mudasir Mohammed Naseeruddin has been sentenced to four years and four months in prison following his guilty plea to charges of dishonest conduct and failure to discharge duties in good faith. Naseeruddin goaded investors to rollover their superannuation ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... products, it was confirmed the Aracon Superannuation Fund would be wound up. Spread across four divisions - ARA Retirement Fund, Xplore Super and Pension, Oracle Superannuation Plan, and Elevate Super - Aracon Super held $590 million in assets for over ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
One in nine Australians expect to have more than $250,000 in debt when they retire, a new study by AMP shows, however separate research from TAL suggests debt in retirement is of little concern. A study commissioned by AMP has found that fewer than ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
The government has been encouraged to create a regulatory framework that empowers superannuation trustees to offer members targeted help, guidance, and advice (HGA) on issues outlined in the Retirement Income Review (RIC). The Actuaries Institute dialogue ...

Mine Super, TWUSUPER commit to merger

JAMIE WILLIAMSON  |  FRIDAY, 29 SEP 2023
... Memorandum of Understanding followed TWUSUPER's failed attempt at merging with Australian Catholic Superannuation and Retirement Fund.

AustralianSuper hires head of international, private equity

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
... significant growth, building the international capabilities necessary to manage a globally significant member-focused retirement fund." He added the past few years have highlighted the importance of agile, integrated investment strategies able to manage ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
Pacific Equity Partners (PEP) will finance Household Capital, a reverse mortgage lender, to address the retirement funding and housing needs of senior Australians. PEP is investing in a financing layer of Household Capital's funding structure, alongside ...

Equipsuper adds board director

ELIZABETH FRY  |  TUESDAY, 11 JUL 2023
... decades, Widdup has served as a director for several companies, including the Australian Catholic Superannuation Retirement Fund and Darwin International Airport. Currently, he sits on the boards of Australian Catholic University - the publicly funded ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... Superannuation Trust, Crescent Wealth Superannuation Fund, Equipsuper, Fiducian Superannuation Fund and Guild Retirement Fund. It also looks after Brighter Super, Mason Stevens, Northern Territory Government and Public Authorities Superannuation Scheme ...
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