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Showing 261 - 270 of 675 results for "Legacy"

New chair of BT Super trustee board

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
... release super payments through COVID-19 totalling around $1.9 billion," he said. "Members have also been migrated from legacy super products into one contemporary offering while fees were maintained or lowered for most, and our leadership in ESG and ...

Aware Super eyes IFAs, hires lead

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
... business development Matt Willis said that over the last 10 months Aware has been "working hard to build on WA Super's legacy in this space and develop a compelling national IFA offering". In March, Aware restructured its financial advice offering, resulting ...

IOOF completes phase one of platform consolidation

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
IOOF Holdings has completed the first phase of consolidating its legacy platforms and products onto Evolve, its new super and investments platform. The project saw 38,827 client accounts and about $5 billion funds under administration (FUA) being migrated ...

ASX invests in GROW Inc

KANIKA SOOD  |  FRIDAY, 11 JUN 2021
... was appointed as the fund administrator for Vanguard's foray into superannuation in Australia. ASX is currently replacing legacy CHESS systems with a blockchain solution slated for a go live of April 2023, after a two-year delay.

Northern Trust appoints head of APAC

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
... look forward to seeing him harness his experience across the region and continuing to build on William's successful legacy," Northern Trust president of corporate & institutional services Peter Cherecwich said. Based in Singapore, Mak spent over ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... in the budget. The work test is also proposed to be abolished for those aged between 67 and 64 years and market-linked legacy products will be able to be transferred into an accumulation account without exceeding the contribution cap. But it's what ...

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... their accounts tended to come from lower levels of education, are currently unemployed or in low-income households. "The legacy of this will last a lifetime. Australia must turn its attention to helping rebuild those balances, to ensure dignity in retirement ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... to 74 year-olds, lowering the downsizer contribution age limit to 60 from 65, providing a two-year amnesty for exiting legacy retirement products, relaxing residency requirements for SMSFs and small APRA-regulated super funds. However, it was quiet on ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
Individuals locked into legacy retirement products will now have the chance to transfer into newer, more flexible products without penalty under a new measure. The government is introducing a two-year amnesty for individuals in market-linked, life-expectancy ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... the wrong super fund. And this brings us to reforms that will allow superannuants to swap out of expensive low-performing legacy products without paying tax or social security penalties. While it's a complex reform, the efficiencies it could create within ...