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Showing 2831 - 2840 of 18113 results for "superannuation"

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
MobiSuper and its licensee will pay a $250,000 penalty for breaching superannuation advice laws while promoting the MobiSuper fund. MobiSuper and ZIB Financial will pay the combined penalty after the Federal Court found MobiSuper representatives had ...

Not ruling anything out: Insignia Financial

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... explained. "By being more competitive, by investing in a better client experience we expect to continue to grow our superannuation fund," Mota said. "On the other hand, it plays a really important role in our financial wellbeing strategy, through our ...

Link Group hires technology, marketing leads in super arm

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
Link Group has appointed Devan Naidoo as the technology director of its Retirement and Superannuation Solutions business and Rachel Richardson to lead the marketing of this division. Naidoo will lead the global technology function, focused on creating ...

Australian Ethical sees profits drop, record super flows

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
... enable an aggregate fee cut of around three basis points, Australian Ethical said. The merger aside, net flows for superannuation hit a new record, coming in at $800 million for the year, up 22% on last year. Super members grew by 16%. Meanwhile, net ...

Vanguard granted RSE licence

JAMIE WILLIAMSON  |  FRIDAY, 26 AUG 2022
Vanguard expects to launch its product before the end of the year, having been handed a registrable superannuation entity licence. APRA granted a new RSE licence to Vanguard Super Pty Ltd, the trustee of Vanguard Super, yesterday. In an update, Vanguard ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... as a group, they've lost their low-fee edge." "It's retail funds that are now leading the fight to lower superannuation fees. Industry funds instead appear to be focusing on their returns after fees."

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
An Industry Super Australia (ISA) report has called the pool of national savings created by the super system a key strength of the Australian economy and the envy of the world. According to the report, in periods of economic uncertainty and market volatility ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... more than $500 million in flows and 15 new employer mandates. In the personal segment, there are $31 billion of superannuation savings across more than 475,000 members. In the advisory segment, it has $104 billion of superannuation and investment funds ...

Carlyle, amicaa in local private credit JV

CHLOE WALKER  |  THURSDAY, 25 AUG 2022
... will manage two primary strategies. Firstly, the amicaa core plus strategy, designed in collaboration with local superannuation and private wealth investors, will focus on delivering stable, income-oriented returns from Australian and New Zealand corporate ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... need to commit to eliminating the gap which stands at 14% Australia-wide, leading to a significant difference in superannuation balances despite women having attained higher education levels." The ABS said the median super balance for males is $208,200 ...