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Showing 2561 - 2570 of 18113 results for "superannuation"

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... its assets drop from $142.3 billion to $124.2 billion, impacted by investment markets but also due to advice and superannuation net cash outflows of $5.3 billion, including $2 billion in pension payments. The division, which comprises platforms, master ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
The two funds are considering merging, after AvSuper's plans with Commonwealth Superannuation Corporation (CSC) fell through. Australian Retirement Trust (ART) and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, commencing ...

ASIC acts to combat financial inequality for First Nations people

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... peoples having full and effective use of banking services, with a safety net of appropriate insurance, access to superannuation and suitable credit options. Strong regulatory activities are also critical in protecting this positive activity by ensuring ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... 2023 and a trial is set to commence on 7 August 2023. In January 2020, the latest class action brought against the superannuation business, alleges that CFSIL did not act in the best interests of members and breached its trustee duties when taking out ...

Equity Trustees names super head

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
Equity Trustees has appointed Andrew Godfrey as executive general manager of its Superannuation Trustees Services business. Godfrey replaces Mark Blair, who successfully transformed the company's strategy to concentrate on independent outsourced trusteeship ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... Administration, a joint venture providing technology-led investment administration services to investment managers and superannuation funds. "The Apollo non-bank lending joint venture and Artega are progressing in line with management's expectations," ...

Zurich wins group insurance mandate

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
A $30 billion superannuation fund chose Zurich to provide group insurance for its 250,000 members. Brighter Super members will see their insurance provider change to Zurich Financial Services Australia from 1 July 2023. Zurich replaces incumbent group ...

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
... good behaviour for two years. Goel previously pled guilty to dishonesty obtaining over $35,000 from his client's superannuation accounts. The sentence follows an ASIC investigation which found that between November 2018 and July 2019, Goel stole the ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
There is no difference between investment returns for US state pension funds in "blue" states that might be more likely to integrate ESG investment principles and "red" states that are more likely to ban ESG investment strategies, according to Rainmaker ...

The great super cover up is over: Bragg

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
The government's controversial superannuation regulations that allowed less transparency in super fund payments to unions have been quashed. A motion from Senators Jacqui Lambie and Nick McKim to disallow the proposed regulations passed in the Senate ...