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Showing 3411 - 3420 of 18115 results for "superannuation"

Industry funds partner with AMP Capital

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
Cbus Property and UniSuper have invested with the AMP Capital Retail Trust, as AMP Capital demerges its private markets business, making a $2.2 billion move in the retail space. The two industry funds have taken majority ownership of Pacific Fair in ...

Former Dover adviser banned

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... provide appropriate advice. Ashok Sherwal advised clients in need of cash to replace their existing insurance and superannuation products with new ones so he could receive advice fees and insurance commissions. He then used some of the fees and commissions ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... fees below 0.5%," Dunnin said. "If this was to happen, Australia could be on track to have one of the best value superannuation fund systems in the world." Rainmaker's annual fee study looked at 2683 fee options across 175 products.

Link names head of insurance

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... for insurance who recently finished up at TAL Australia. Phil Angelico is now part of Link's retirement and superannuation solutions (RSS) unit, taking on the position of head of insurance in September. He is responsible for positioning RSS to deliver ...

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
The quality of Australia's superannuation system made marginal improvements and scored highly for its integrity and sustainability, according to a global study. The Mercer CFA Institute Global Pension Index this year graded Australia a B+, slightly ...

CFS fined $20m over super misconduct

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... from moving to a cheaper MySuper product. "The $20 million penalty handed down to Colonial is a timely reminder to superannuation trustees not to mislead members for their own benefit. Trustees have an obligation to provide their members with balanced ...

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... ensure that our MySuper products not only meet the benchmark test next year but outperform it in the long run," CFS Superannuation chief executive Kelly Power said. "This is our top priority to make sure that both MySuper products feature in the top ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
Financial advisers have been focused on mitigating the impacts of COVID-19 on superannuation for their clients, according to BT. BT's technical team received over 2000 enquiries from advisers in the September quarter and the most asked question was ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
APRA is keeping its watchful eye on superannuation funds' preparedness for the new remuneration standards that take effect in 2023. APRA has released the updated version of Prudential Practice Guide CPG 511 Remuneration, where it expects boards to oversee ...

Ellerston investments chief takes board role

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
The chief investment officer of Ellerston Capital has been appointed a director of a $40 billion superannuation manager. As of this month, Christopher Hall sits on the board of Funds SA, the South Australian government's investment corporation that ...