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Showing 3071 - 3080 of 18113 results for "superannuation"

Vale Tom McDonald

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
Cbus has honoured a figure central to its creation, and the creation of superannuation in general, Tom McDonald. Cbus chair Wayne Swan said McDonald leaves a unique legacy of nation changing economic reform. "Tom's leadership was key to the creation ...

HESTA appoints chief financial officer

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
The $68 billion industry superannuation fund, HESTA, has hired a new chief financial officer who was previously at Victorian Funds Management Corporation (VFMC). Sally Collins has been appointed chief financial officer for the fund. She was most recently ...

ASIC suspends Dixon Advisory AFSL

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
ASIC has suspended the Australian financial services licence of embattled Dixon Advisory & Superannuation Services. The regulator's move follows the appointment of Stephen Graham Longley and Craig David Crosbie as joint administrators to Dixon Advisory ...

AustralianSuper drops premiums

JAMIE WILLIAMSON  |  THURSDAY, 14 APR 2022
AustralianSuper is decreasing some of its insurance premiums from May end, with members to see an average drop of 11%. From May 28, the cost of death, TPD and income protection will change depending on their cover type and work rating, the fund said. ...

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... Industry Super Australia has said women in their 40s that live in regional Victorian city Bendigo have half the superannuation of men. It's believed this large divergence first expanded when many local women took time out of the workforce to have children. ...

End choice dashboard delay: AIST

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
The Australian Institute of Superannuation Trustees (AIST) is pressuring government to make super funds disclose the performance of choice products. In a submission to ASIC, AIST opposed the regulator's proposal to defer the requirement for super funds ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
... regulator APRA shared it has done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into a sinkhole for unions and banks. In a March press release he said: "It is hard ...

Cbus, Media Super merger complete

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
... Arter said. "We have shared authenticity and origins through the industry fund model, with a combined 68 years of superannuation experience. Cbus is one of the oldest and one of the most successful industry funds since formation in 1984, and Media Super ...

AustralianSuper, LUCRF Super agree to SFT

JAMIE WILLIAMSON  |  MONDAY, 11 APR 2022
The two industry superannuation funds will merge in June, having signed a successor fund transfer deed. AustralianSuper and LUCRF Super have been in talks to merge since mid-2021, at the time allocating a 12-month window in which to complete due diligence ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... Management has been handed a $20 million fine by the Federal Court for continuing to charge commission payments to superannuation members for seven years after they were banned. BT Funds Management charged insurance premiums that included commissions ...