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Showing 2591 - 2600 of 10710 results for "May 19"

Perpetual axes geared investment options

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
A number of underperforming super options have been axed by Perpetual. Perpetual has terminated its Geared High Growth option, Geared Australian Share option and its Capital Guarantee option for Perpetual Select Super members. Members were notified ...

MLC Life hires wealth and partnerships lead

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
MLC Life announced more changes to its group insurance team, hiring a former general manager of distribution from Integrity Life. Suzie Brown is the new general manager of MLC wealth and corporate partnerships. Brown will manage the partnership with ...

Cashwerkz fits out bond service

ANNABELLE DICKSON  |  THURSDAY, 8 OCT 2020
Cashwerkz has implemented an execution management solution for its new bond income business. Cashwerkz's Bond Income has adopted Bloomberg's Trade Order Management System (TOMS) to provide trading efficiency to its wholesale investor and financial adviser ...

REI Super ups insurance premiums

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
The $1.6 billion super fund has increased insurance premiums for the second time in 18 months, blaming the Putting Members' Interest First legislation. Insurance premiums for REI Super members eligible for standard rates on death and total and permanent ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
Despite over $34 billion being removed from the super system, the Grattan Institute is sticking to its guns that the effects of the Early Release of Super scheme will not have too great of an impact on retirement outcomes. Speaking at the digital Morningstar ...

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
AMP and former employee Larissa Baker Cook have settled for an undisclosed amount, a month before the matter was scheduled for trial. Cook last October filed a claim in the Federal Court alleging AMP dismissed her unfairly after she raised concerns ...

Superhero sets eyes on managed accounts

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
Newly launched trading platform Superhero has revealed it has the functionality to offer managed accounts to investors, and would be looking into developing this and an APL further in the future. The platform, which launched at the beginning of September ...

Super's role in new $10bn infra spend

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Superannuation funds will be cautious in approaching the budget's $10 billion extra infrastructure spend promise, says Frontier Advisors. Last night, federal Treasurer Josh Frydenberg said it will increase the infrastructure investment pipeline ...

Financial services firm names new directors

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
A diversified financial services firm with $1.55 billion in funds under management has appointed two new directors to its board following the its recent merger. Euroz Limited has appointed Ian Parker and Richard Simpson to its board, both who bring ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
The Australian Prudential Regulation Authority (APRA) has replaced its 18-year-old risk assessment model with a system that will better guide the intensity of the regulator's supervision. In a letter to banks, insurers and superannuation licensees ...