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Showing 3061 - 3070 of 18113 results for "superannuation"

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... Royal Commission in 2018. Earlier this month, BT Funds Management was fined $20 million in the insurance inside superannuation case involving members being charged premiums that included commissions and some paying commissions to financial advisers through ...

Wayne Swan joins AIST board

CHLOE WALKER  |  FRIDAY, 22 APR 2022
... said. "As chair of the Caucus Economics Committee in 1993 he participated in the development and legislating of the Superannuation Guarantee (SG) and, as treasurer from 2007 to 2013, he legislated the increase in the SG from 9% to 12%. "In her current ...

Westpac giving away BT super business

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Westpac continues to seek to offload its BT superannuation business, with the bank now willing to transfer the business for no financial consideration. "In preparation for the exit of our superannuation business, the carrying value of our superannuation ...

Rest simplifies super splitting

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
Industry fund Rest has adopted a new super splitting method, aimed at making the distribution of superannuation assets simpler for members. Rest's Super Split initiative allows super assets to be split when a member becomes divorced. It includes a new ...

Spirit Super pays tribute to Doug Fry

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
... right across the state have had, and can look forward to, a better and more dignified retirement thanks to the superannuation fund Doug helped to establish and grow." Fry's background in the Clerks Union motivated him to create a super fund to help others ...

New research backs diversified SMSF portfolios

CHLOE WALKER  |  THURSDAY, 21 APR 2022
... over 318,000 SMSFs for the period 2017 to 2019, aimed to assess the investment performance of SMSFs against larger superannuation funds. The sample represents more than 50% of all SMSFs. Across the three financial years and examining seven asset classes ...

'No easy answer' to ESG disclosures by super fund trustees

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
In line with heightened public attention to the challenges of climate change, patterns of ESG disclosure by superannuation fund trustees have had to evolve. A Herbert Smith Freehills report claimed Australian superannuation fund members were more interested ...

Increased demand drives ESG expert salaries

JAMIE WILLIAMSON  |  WEDNESDAY, 20 APR 2022
... ESG investment analyst is typically bringing home between $70,000 and $120,000. These figures are inclusive of superannuation and are based on Kaizen's own experiences recruiting for super funds and fund managers setting up dedicated in-house ESG ...

Millennial super fund fails to GROW

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
... with Mercy Super and Vanguard among its clients. In the last 12 months, GROW Inc. has been trying to divest the superannuation business. However, Diversa has confirmed the increased regulatory pressure of late has proved too much for the super offering ...

Vanguard overhauls distribution leadership

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
... its new retail-focused strategy and follow the institution's decision to cease managing mandates on behalf of superannuation funds and the like as it prepares its own super offering. "It's an exciting time for Vanguard in Australia, and these ...