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Showing 2011 - 2020 of 18113 results for "superannuation"

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... the sovereign wealth fund is precariously exposed and cautions that other Australian funds, particularly in the superannuation sector, could face comparable risks. "No Australian would want their taxpayer dollars or retirement savings to be inadvertently ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
ASIC is proposing to extend the temporary relief for superannuation trustees' disclosure and reporting consistency obligations for two years. ASIC is seeking feedback on the potential extension, including whether the current arrangement is operating ...

BNP Paribas to sharpen efforts down under

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
Having spent more than two decades working with super funds down under, BNP Paribas says it's spending more time focusing on the quality rather than the quantity of its partnerships. Speaking with Financial Standard, BNP Paribas head of institutional ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... January 2024, legalsuper will no longer apply a 15% tax rebate on premiums for members with insurance in their superannuation account. The rebate amount will now be directed to the fund to cover account administration expenses. According to research ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... formation in May 2020, the division divested 10 business units. This year, it divested BT's personal and corporate superannuation funds and Advance Asset Management to Mercer Australia. Assets for "packaged funds" decreased by $38.9 billion compared ...

Dispute resolution failures land TelstraSuper in Federal Court

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... allegedly failing to comply with internal dispute resolution requirements. ASIC alleges that 40% of the corporate superannuation fund's responses to complainants during a specific period did not comply with its own dispute resolution procedures. ...

Link revises financial reports after ASIC review

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... concerning the financial ramifications of the FCA settlement and the impairment of the Fund Solutions business. The superannuation administrator and share registry company anticipates a $50 million increase in its 2023 half-year statutory loss and a ...

RW Capital launches Pets Fund

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
... family offices. As RW Capital's business has grown, it has increasingly attracted institutional capital such as superannuation and pension funds from overseas. "We feel very privileged to work with a diverse range of investors," White said.

E-commerce giant retreats from super

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... much-hyped launch, Kogan Super has closed its doors to new members. Kogan initially flagged its intention to enter the superannuation sector in late 2018, saying it had partnered with Mercer to develop a new "no frills, ultra-low fee" superannuation ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... the millions preparing for retirement in the next decade, funds must urgently lift their game. "For 30 years, the superannuation industry has done an excellent job of building larger and larger retirement balances for members. And funds will need to ...