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Showing 2291 - 2300 of 18113 results for "superannuation"

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... Specialist Businesses Division for those that lacked sufficient scale. In addition to platforms, this comprised superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Of these, nine have been ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... Mercer. They were lifted later that same month, ahead of the deal - which also comprised the merger of BT's superannuation business - being completed. At the time of the sale announcement, Advance AM had about $44 billion in funds under management ...

Australian Retirement Trust names chief of retirement

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
... Australian Retirement Trust (ART) named a BT executive as its new chief of retirement, set to join the $240 billion superannuation fund in December. Kathy Vincent takes the newly created post to focus on implementing ART's retirement strategy, and ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... March 2023, NAB Asset Servicing oversaw the assets of Alcoa of Australia Retirement Plan, Australian Ethical Retail Superannuation Fund, Australian Meat Industry Superannuation Trust, Crescent Wealth Superannuation Fund, Equipsuper, Fiducian Superannuation ...

SMSFs brace for more reforms: Expert

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
As June 30 approaches, self-managed superannuation funds (SMSFs) must brace themselves for more regulatory reforms that could impact their hard-earned savings, according to a superannuation expert. HLB Mann Judd superannuation partner Mitchell Markwick ...

Consultation opens on NALI reforms

ANDREW MCKEAN  |  TUESDAY, 20 JUN 2023
... proposed several changes to the non-arm's length income (NALI) regulations, which are set to affect self-managed superannuation funds (SMSFs) and small APRA-regulated funds (SAF). The Treasury Laws Amendment (Measures for Consultation) Bill 2023 seeks ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... retirees." At the same time, MLC chief executive Geoff Lloyd, ex-UniSuper chief executive Kevin O'Sullivan, and superannuation specialist Joanna Davison have been added to the Allianz Retire+ Retirement Advisory Board. Lloyd, who was recently appointed ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
As the government unveils a raft of updates to the superannuation performance test, due to take effect in August, some trustees are worried that it subjects Choice products to a rigid criterion. As previously flagged, all products will be subject to ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... said. "Rest engages with companies in multiple ways, including through its membership of the Australian Council of Superannuation Investors (ACSI), through other collaborative engagements, and directly with companies." Aware Super, with $193 million ...

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... strong focus on financial system resilience by ensuring the financial safety and soundness of banks, insurers, and superannuation entities. However, APRA does not pursue a zero-failure objective. APRA cannot eliminate the risk that an institution might ...