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Showing 2381 - 2390 of 18113 results for "superannuation"

Mine Super to close Choice option

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... members, as will the option that's part of the fund's Lifecycle strategy. Those invested in the option will see their superannuation savings transferred to the fund's Balanced option if they don't make another selection, the fund said. The recent Choice ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
Australian Retirement Trust is reducing fees across a range of its investment options, including most indexed offerings. However, any savings will be offset by substantial increases in insurance premiums. The fund notified members that, from July 1 ...

Another round of consultation for veteran super taxation

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... veterans' invalidity pension payments in the Defence Force Retirement and Death Benefits (DFRDB) and Military Superannuation benefits (MSB) schemes are super lump sums for income tax purposes rather than superannuation income stream benefits. The ...

AFCA appoints lead ombudsman, investments and advice

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... complaints authority also shared its latest statistics in the six months to December 2022, having received 2538 superannuation complaints and 2454 financial adviser-related complaints. The number of superannuation complaints dropped by 38% in the second ...

Rest to sell Endeavour stake

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
Rest will divest its 12.6% interest in Endeavour Energy to a fund managed by Macquarie Asset Management (Macquarie), already an investor in the company. The industry super fund acquired its stake in Endeavour Energy in 2017, when the NSW government ...

Superhero launches in New Zealand

CASSANDRA BALDINI  |  TUESDAY, 9 MAY 2023
... Zealand investors will now be able to access Australian and US-listed stocks on the homegrown share trading and superannuation platform. Following the expansion, New Zealand investors can leverage Superhero's portfolio reporting features as well ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... framework. The first group to do so comprised 97 large firms who reported earlier this year, including banks and some superannuation funds. The second group, to report by August, will be about 260 firms. ASIC estimates these two tranches alone will account ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... will acquire BT Private Portfolio Management for an undisclosed amount after it finalised the transition of the superannuation and asset management units. Mercer will become the new owner of BT Private Portfolio Management (PPM), which has $1.9 billion ...

UniSuper spends $1bn on European mobile towers

ANDREW MCKEAN  |  MONDAY, 8 MAY 2023
UniSuper has made its first direct infrastructure investment in Europe, securing a 5% stake in mobile towers business, Vantage Towers. Vantage Towers operates 83,000 sites across 10 European markets, including Germany, Italy, Spain, and the UK. Vodafone ...

Work, retirement redefined: Vanguard study

CHLOE WALKER  |  MONDAY, 8 MAY 2023
... having a plan is paramount to ensuring these pauses in paid work don't impede their ability to accumulate enough superannuation and save for retirement. "The study also provides evidence that Australians display low engagement and understanding when ...