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Showing 2181 - 2190 of 18113 results for "superannuation"

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... provider of longevity protection with decades of experience, Challenger via the Solutions Group is well placed to help superannuation funds simplify their business and de-risk their defined benefit liabilities. There are opportunities to support them ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... Australians paid an estimated $13 billion in death and TPD premiums last year, more than half of which through superannuation funds, Rainmaker Information says. While the amount paid was up 5.5% per annum over the last decade, this rate of growth has ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... Capital noted demographers have indicated that more than five million baby boomers face the prospect of inadequate superannuation balances due to increasing life expectancies. The median household superannuation balance at retirement is under $200,000. ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
... Generation Life via the Fiducian Growth Fund in a bid to "pre-empt the government's proposed $3 million cap to superannuation balances for tax concession". Fiducian grew its funds under management advice and administration (FUMAA) by 13% to $12.3 ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
Equity Trustees is merging its superannuation and corporate trustee services divisions, creating a $150 billion business. The group said the two divisions share many similarities, meaning "it makes good commercial sense to bring them together." All ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
... the latest episode of the Financial Standard podcast, First Nations Foundation chief executive Phil Usher says superannuation is inadequate for meeting the needs of all Indigenous Australians, adding that change is needed to ensure better future outcomes. ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... manager research, manager selection, portfolio construction, implementation, and portfolio performance across the superannuation fund's set of listed equity portfolios. Meantime, Simon Warner has been named head of portfolio management, while Justin ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... Services and Credit Panel reprimanded a financial adviser who inadequately assessed the consequences of rolling over superannuation and life insurance cover, labelled the panel's least serious disciplinary action yet. Keeping the adviser's identity ...

Australian Ethical unveils new moderate fund

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... 2023, the Australian Ethical logged a positive net flow of $90 million. The investment manager saw $110 million in superannuation inflows, while experiencing a $20 million outflow from its managed funds product. During the same period, investment performance ...

APIR reports surge in new financial products

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... of how to leverage the benefits of the APIR coding regime." APIR also identified a continued rationalisation of superannuation investment options. The industry saw 45 new participant registrations, including responsible entities and trustees, marking ...