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Showing 251 - 260 of 784 results for super kanika sood

New chief investment officer at Australian Unity

KANIKA SOOD  |  FRIDAY, 28 AUG 2020
The firm has hired a former Colonial First State Global Asset Management executive as its first standalone chief investment officer for its wealth and capital markets business. Dr Joe Fernandes will move into the role on September 7. He will have the ...

QIC portfolio manager moves to Funds SA

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
The $34 billion public investment manager has hired a new portfolio manager for debt and liquid alternatives from QIC. Petar Bogdanovic spent 15 years at QIC, working in a variety of roles across fixed interest portfolio management, interest rate strategy ...

Equipsuper changes insurance premiums

KANIKA SOOD  |  WEDNESDAY, 26 AUG 2020
Equipsuper will increase the fund's total premium collections by 2%, as it changes rates for members after a review. The rejig will see premiums rise for some members and fall for others, alongside changes to their cover. For members whose premiums ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
Challenger has launched a new lifetime annuity with payments linked to the cash rate. The RBA Cash Linked option is the first lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... an already unevenly distributed retirement savings gap, particularly in regards to the government's Early Release of Super (ERS). AIST commissioned Mercer to model the impact of ERS and reduced contributions on retirement balances and found the impact ...

Spaceship raises $10m in capital raise

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
Superannuation and investing startup Spaceship has raised $10 million from existing investors including from Atlassian billionaire Mike Cannon-Brookes' family office. The raise was offered to existing shareholders, as foreshadowed by Financial Standard ...

EQT swells revenue by 3.2%

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
... said. Total dividend payout for the year was flat at 90 cents. Expenses were up 4.1% to $56.5 million. Last month, EQT's super trustee business nabbed the contract for HUB24 Super with about $7.9 billion in assets, after the latter decided to swap ...

ACSRF, NGS Super explore merger

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... billion superannuation fund. The $9.5 billion Australian Catholic Superannuation and Retirement Fund and the $12 billion NGS Super have had on and off informal chats over past few years, but began scoping a merger formally earlier this year. NGS Super ...

Young-old wealth gap widest in 18 years

KANIKA SOOD  |  MONDAY, 17 AUG 2020
Counting on your children's lives being better than yours? It's not a given as a new Actuaries Institute report finds the relative wealth and wellbeing of 25 to 34 year olds is the lowest in 18 years. The Actuaries Institute's publication ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
... bought back Wealthtrac from Spitfire in a management buyout in April, funded by debt. "Wealthtrac's business is primarily super and pension, and Spitfire put on the backburner developing a super product, which is what we needed for the advisers," Johnson ...