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Showing 2771 - 2780 of 41670 results for "Will"

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
... "exemplar product and service offerings" to their members. Treasury said best practice for understanding members means a trustee will identify retiree cohorts in its membership through a mix of publicly available data, fund-held data, and other interactions ...

Super fund investment in US to skyrocket

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... has already increased 2.6 times since 2014. "Based on existing trends, this report forecasts that Australian pension funds will have over US$2.6 trillion invested outside of Australia by 2035. As the world's largest and most dynamic economy, the US is ...

MLC wary of but not opposed to bitcoin

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
MLC chief investment officer Dan Farmer said MLC is open to the possibility of investing in bitcoin in the future, but now is not the right time. "Like many institutional investors, we remain in the 'not now', rather than 'not ever' to bitcoin camp," ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... further damages. Perpetual rejects KKR's contentions," Perpetual said. The strategic review and work on the KKR deal will cost shareholders $42.6 million post-tax. For the half-year 2025 reporting period, the books will take a hit of $24.4 million. ...

Svava makes binding offer for Selfwealth, BFG given deadline to counter

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... Svava proposal. BFG is now given until 5:00pm on February 26 to "provide a counterproposal in response..., and Selfwealth will consider the counterproposal in accordance with the matching right provisions to assess if it would be reasonably likely to ...

Cost-of-living continues to rock retirement confidence

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... over to comfortably retire; the figure rose by $50,000 for between 40- and 49-year-olds, while the cohort under 40 said they will need $180,000 or over to achieve a comfortable retirement. However, Canstar data shows the highest paid group is males between ...

Superannuation powerbrokers bound for US investment summit

ANDREW MCKEAN  |  FRIDAY, 21 FEB 2025
Superannuation, investment management, and banking leaders will descend on Washington DC and New York next week to showcase a super system poised to channel hundreds of billions into the US over the next decade. In a statement, representatives of super ...

UniSuper targets 'missing middle' with new digital advice offering

ANDREW MCKEAN  |  FRIDAY, 21 FEB 2025
... interactions between the various technologies that sit within the fund to deliver personal advice at scale," he said. UniSuper will initially provide members personal advice on investment options through its member portal and mobile app from June, with ...

SelfWealth juggles takeover bids

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... events, SelfWealth said it is "actively engaging" with Svava's proposal but reiterated that there is no guarantee that it will result in a binding proposal. However, should it result in a binding proposal, SelfWealth is required by the agreement with ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... the issue once it was identified. Improving services to superannuation fund members is a strategic priority for ASIC and we will continue to take strong action where we consider that members are not getting the service they deserve from their superannuation ...