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Showing 11 - 20 of 16384 results for "Superannuation"

Court approves $16m DASS settlement

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... Federal Court has approved the settlement reached in the $16 million class action brought against Dixon Advisory & Superannuation Services (DASS) following a two-week delay. Justice Thawley sought to gather more information for the victims in delaying ...

Top 10% of households home to 15 times more wealth

JAMIE WILLIAMSON  |  FRIDAY, 19 APR 2024
... $1.2 million in total wealth, 41% of which is in owner-occupied housing. 13% is in investment properties, 20% in superannuation, and 19% in other investments. The data shows a huge contributor to wealth inequality is income inequality. The latest available ...

Spaceship Super to land somewhere new

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2024
... overall reduction in fees of 0.027%. Spaceship Super was launched in 2017 as a sub-plan of the Tidswell Master Superannuation Plan. At the time, it had a waitlist of roughly 22,000 members that it hoped to convert, estimating this would give it about ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... on Q1 23 to $544 million and managed portfolios on the "flagship platform" reached $14.9 billion in AUM. AMP's superannuation and investments business, formerly master trust, reported an increase in AUM to $54.1 billion from $51.9 billion the prior quarter. ...

UniSuper selects new group insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 APR 2024
After more than a decade in business, UniSuper has dropped TAL as its group insurer. The $135 billion superannuation fund has called time on its relationship with TAL, which began in November 2013. Effective June 1, MetLife will serve as group insurer ...

State supports move to close super loophole exploited by paedophiles

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... jurisdiction in Australia to support a motion calling for the close of a legal loophole that protects paedophiles' superannuation from access by survivors of child sexual abuse. The Legislative Council unanimously supported the motion from shadow ...

Mine Super cuts fees, updates investment options

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
Mine Super is reducing the administration fees members pay next month as it moves forward with its merger with TWUSUPER. Effective May 20, the industry fund said administration fees will be lowered 25% from $52 to $39 per year for super members due ...

Two Brisbane advice firms merge

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... great capability with self-managed super and aged care advice, and we have great advice relationships with industry superannuation." Blue Harbour chief executive Todd Hitchcock said the merger will deliver many benefits to employees, advisers and clients ...

Bell Asset Management announces new chief executive

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... back in January. Michael Lovett will join BAM as chief executive, effective April 15. He was most recently head of superannuation at Vanguard, where he spearheaded the establishment of the offering in Australia. He departed Vanguard in February 2023. ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... performance tested, no payouts were made," she said. AMP is now focused on five areas: banking, platforms, advice, superannuation and investments, New Zealand, and strategic partnerships in China. The banking unit recently delivered net profit after ...