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Showing 2121 - 2130 of 18113 results for "superannuation"

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... retire with confidence. NGS Super chief executive Natalie Previtera told Financial Standard that the $14.2 billion superannuation fund will unveil Easy Default, which aims to help members spend more in the early stages of retirement with confidence ...

Funds SA selects new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... "unanimous choice of the board", with his appointment made by Her Excellency the Governor of South Australia under the Superannuation Funds Management Corporation of South Australia (Funds SA) Act 1995. "John has strong leadership skills, experience ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... receive $650. Now, the corporate regulator has launched civil penalty proceedings against the nation's largest superannuation fund, saying the fund failed to have adequate policies and procedures to identify members who held more than one account ...

Australian Retirement Trust hunts new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
... birthday. "Bern will leave an incredible legacy, having played an integral role in delivering Australia's largest superannuation merger to create Australian Retirement Trust back in February 2022," ART chair Andrew Fraser said. "Bern has expertly guided ...

Aware Super, Altis buy Crown Group site

CHLOE WALKER  |  THURSDAY, 7 SEP 2023
... nurses, teachers, and police officers. This off-market transaction is the latest BTR development executed by the superannuation giant, which has $2 billion of assets under management and a development pipeline of $3 billon. "We are delighted to add this ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... Accountability Regime Bill 2023 will apply to the banking industry six months after Royal Assent. For the insurance and superannuation industries, it will apply 18 months after Royal Assent. A key objective of the law "is to improve the operating culture ...

Hostplus finalises merger with Maritime Super

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
... signing of a successor funds transfer deed last December. The merger aims to scale up the capabilities of both superannuation funds, offering greater efficiencies and enhanced value to members, employers, and stakeholders. The consolidation has led to ...

Natixis IM eyes expansion with new retail AFSL

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
... 51.9% majority stake in IML, its first acquisition in Australia, to expand its footprint in the local retail and superannuation markets. At the time, Chemouny said: "The Australian wealth management industry in particular is highly sophisticated, and ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
Most superannuation funds are appropriately valuing their investments in Canva, according to APRA, which used its high-profile and whipsaw valuation in 2022 to see if they are abiding by its unlisted asset valuation requirements. Canva was at the forefront ...

NZ Super Fund secures stake in Euroclear

CASSANDRA BALDINI  |  MONDAY, 4 SEP 2023
... Whineray would work alongside the board to lead several programs. The programs aim to set the Guardians of New Zealand Superannuation, the manager of the $56 billion NZ Super Fund, up for a new phase in its evolution. The board also confirmed it would ...