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Showing 321 - 330 of 1107 results for "Parent"

Aware Super awards $30bn mandate

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
... The appointment follows a comprehensive tender process and extends Aware Super's longstanding relationship with SSGA's parent company, State Street Corporation. State Street Australia is Aware Super's custodian. "State Street Global Advisors will help ...

Interprac grows advice network

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... Standard that the two practices used Interprac Financial Planning for their licensee services and the acquisition will see parent company Sequoia Financial Group own 100% of each firm. Butler said the move expands on Sequoia's strategy to grow its own ...

Poor financial literacy failing young workers

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
... young people who are migrants or first-generation Australians; had a long-term health condition or a disability; had a parent who was unemployed for 12 months or more while growing up; or lived in a single-parent home. "Our data shows young Australians ...

Accessing super cements inequality: Report

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
A new report has assessed the impact of COVID-19 on low-income earners in Australia, with findings illustrating harm caused by the early release of super program. The Brotherhood of St Lawrence Shocks and Safety Nets report found that financial wellbeing ...

Ironbark signs on Canadian manager

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... market," he said. Fiera Infrastructure had assets under management and commitments of US$2.2 billion at April end. Its parent Fiera Capital Corporation has offices in over 12 cities and had C$172.9 billion in assets under management at March end. "Australia ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... clients' SMSFs. The bonuses applied to purchases arranged by Equiti Property, which is also a subsidiary of Equiti FS's parent company Equiti Group. The group also had a mortgage broking business Equiti Finance. ASIC alleges that the bonus payments influenced ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
The children of those in their 40s, 50s, and 60s are likely to be significantly worse off financially than their parents, with the intergenerational wealth gap only widening. Speaking at the Conference of Major Superannuation Funds, Taylor Fry principal ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
An Australian Institute of Superannuation Trustees policy expert has laid out just how much work super funds have ahead of them in dealing with the last two federal budgets. AIST head of advocacy Mel Birks updated the Conference of Major Superannuation ...

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees. AIST also says one in ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
Superannuation funds welcomed the budget's move to dump the $450 threshold, but called out a lack of measures to close the super gap. Last night's budget included five key decisions on superannuation. These were abolishing the $450 per month ...