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Showing 2821 - 2830 of 6136 results for "Australians"

AustralianSuper appoints new chair

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2019
The $170 billion superannuation fund has appointed its new chair, succeeding Heather Ridout. The board of AustralianSuper has appointed Don Russell as independent chair of the fund. He will replace Heather Ridout who has held the role since 2013 and ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
... Australia acting director Xavier O'Halloran. He said the superannuation system is an "unlucky lottery" for too many Australians, a situation exacerbated by the industry resisting changes that would ensure people end up in better performing products. ...

Calls for better drawdown rules

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
Over the next decade the number of retired Australians over 65 is projected to grow from four million to seven million, sparking calls from Willis Towers Watson for better drawdown rules to ensure retirees aren't being too conservative with their ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... Sydney, executive director of research and compliance at Rainmaker Group, Alex Dunnin said as well as low returns Australians are being charged a significant amount of fees. "We are paying $35 billion per year in fees, almost as much as we pay towards ...

Crunch time for boutique funds

KANIKA SOOD  |  MONDAY, 23 SEP 2019
The boutique model has long coaxed successful fund managers out of big asset management firms but the new class of fund managers looking to break out faces a very different landscape. At least eight boutiques have indicated intention to shut shop so ...

Industry fund appoints chief executive

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... its aligned structure, and to the opportunity to meet and lead the challenges of change on behalf of the 1.4 million Australians who trust the fund with their retirement savings." The recruitment process was conducted by consulting and executive search ...

IFM Investors boss to retire

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
Brett Himbury, the chief executive of the $148 billion industry-super-owned fund manager, is retiring after a decade in the role in a surprise announcement made this morning. Himbury will retire from executive roles effective December 2020. IFM Investors ...

Big Super Day Out success, but more to be done

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
... First Nations Foundation's 2019 Big Super Day Out reconnected more than $9.5 million in superannuation with Indigenous Australians. Taking off in July, the Indigenous-led super roadshow hit Darwin, Kununurra and Broome before heading to East Arnhem Land ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... the breaches we have discovered are far-reaching, and can be traced back to cybercrime offences that impact everyday Australians." The woman has been charged with multiple offences relating to fraud, unauthorised access of data and dealing with the proceeds ...

Allianz Retire+ to research retirement transition

HARRISON WORLEY  |  TUESDAY, 17 SEP 2019
... to me, the question about timing is not as self-evident as you might think." Earl said the new research will track Australians transitioning to retirement and focus on the impact of active planning across different buckets - health, wealth, social, cognition ...