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Showing 2101 - 2110 of 18113 results for "superannuation"

APRA moves to ensure improved member outcomes

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... is updating Prudential Standard 'Strategic Planning and Member Outcomes' (SPS 515) to enhance member outcomes in superannuation, including requiring trustees to justify business-related expenses. The regulator's changes seek to align expenditure requirements ...

Australian Retirement Trust deputy CIO to go

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
... "This is an exciting time, as Australian Retirement Trust enters its next chapter as one of Australia's leading superannuation funds, I'm excited to continue watching the fund grow as one of its members," Reilly said at the time.

Launch of new superannuation body imminent

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
To be known as the Super Members Council of Australia, the new body created by the Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) is hunting for a chief executive ahead of its official launch next month. Expected ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
The $6.7 billion Prime Super has acquired a utilities provider in which Macquarie Group held a stake. Active Utilities provides electricity, gas, and water, as well as end-to-end billing and customer support services. It operates 75,000 utility meters ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
Australians are pension-phase illiterate and blame the complex superannuation system for not understanding the basics about retirement, a new survey shows. A whopping 70% of 50-year-olds and over canvassed by AMP do not understand what an account-based ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
... strategies to consider how they can achieve wealth creation or their financial goals and objectives outside of superannuation and property." The research also showed a 7% decline in female investors since 2022, compared to a 4% decline among male counterparts. ...

CFA Institute launches private markets, alternatives certificate

ANDREW MCKEAN  |  MONDAY, 18 SEP 2023
... investors' portfolios. "With the growing importance of alternative assets, particularly in the portfolios of Australian superannuation funds, this course will provide essential training for financial professionals who are working, or interested in ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... decisions. On the whole, Australian HNWIs held nearly $3 trillion in investable assets, net of debt and excluding superannuation, family-owned businesses, and the family home, but including SMSF assets. According to the report, more HNWIs than ever have ...

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... 2023; it's the seventh largest platform by funds under administration. Meanwhile, earlier this year, the Oracle Superannuation Plan and Xplore Super and Pension, divisions of the Aracon Superannuation Fund, transferred to HUB24. This move comes as ...

Rest hires former EISS Super risk chief

ELIZABETH FRY  |  FRIDAY, 15 SEP 2023
... Super chief risk officer Stephanie Lyons has landed a new gig at Rest. Lyons left EISS Super, which managed the superannuation of workers in the energy sector, in May when it merged with Cbus. The merger saw the departure of several senior EISS Super ...