Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2721 - 2730 of 18113 results for "superannuation"

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... a pre-retiree couple only needs to save $402,000 by age 65 to achieve a joint annual income of $64,000. Finder superannuation expert Alison Banney said insufficient super is a growing problem. "Millions of Australians are not actually able to save enough ...

Rest extends custody mandate with State Street

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
... extremely important part of their business," he commented. Helyar added the acknowledgment from a leading Australian superannuation fund is a testament to State Street's commitment to the country's superannuation market. "We are proud to support Rest ...

Former DASS clients flood AFCA with complaints

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
... Financial Complaints Authority has received more than 1600 complaints from former clients of Dixon Advisory and Superannuation Services, warning complainants to expect delays in dealing with their case. On August 3, ASIC publicly urged former clients ...

Proebstl to leave legalsuper

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
... 2000 and July 2001 he served as legalsuper's deputy fund secretary - the fund was then known as Legal Industry Superannuation Scheme. Under his leadership, the fund has grown from $190 million to over $5 billion. It also now has more than 41,000 ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
... allocations in volatile markets, the summary reported that over recent decades the US 401(k) system and Australia's superannuation have grown during an accommodative market, characterised by falling interest rates, rising beta equity, and robust ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... sale of three businesses in the past year, including its life insurance business to TAL, and also offloaded its superannuation division to Mercer. In relation to the long-awaited sale of BT Panorama, Westpac said it is reviewing its options. The bank ...

Australian Retirement Trust names State Street as custodian

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2022
Australian Retirement Trust has appointed State Street as its custodian and administrator. The $175 billion superannuation fund has confirmed the mandate, chief financial officer Anthony Rose commenting: "After a comprehensive and thorough tender process ...

Rest revamps equities team

ELIZABETH FRY  |  FRIDAY, 4 NOV 2022
Industry superannuation fund Rest has restructured its listed assets team as it adopts a more holistic approach to investing its $66 billion in funds. As Rest continues to enhance its whole-of-fund investment style, it has realigned the team's roles ...

Cbus overhauls climate change reporting

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
Cbus has updated its climate change roadmap to meet its 2030 target of reducing emissions by 45%, including a change in reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. The ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
... 271, which focused on greenwashing and improving practices on ESG disclosure in listed entities, managed funds and superannuation. The information sheet was the result of a review ASIC has conducted into the wealth management industry. When issued, ASIC ...