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Showing 3591 - 3600 of 18115 results for "superannuation"

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... platform administration business recorded $2.9 billion in funds under administration, which comprises investments, superannuation and separately managed accounts administration. Offerings include 15 multi-manager funds, 57 external managed funds and ...

Engaged members expect more from super

KARREN VERGARA  |  MONDAY, 16 AUG 2021
While nearly 60% of young Australians engage with their superannuation fund, many are increasingly shopping around for other providers. This is according to a survey by Stake and Next Gen Investor Research, which canvassed more than 1000 investors. ...

Super fund reporting, auditing reform consultation opens

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
Consultation has commenced on more stringent financial reporting and auditing requirements for superannuation funds, with the government looking to implement a framework that is commensurate with the size of the sector. The Treasury Laws Amendment (Financial ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... terms in MySuper group life policies that would cause a claim to be declined in default group life insurance in superannuation based on a change in the occupational classification of the member. To implement the above, it is proposing three mechanisms. ...

ASIC takes property development group to court

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... that between at least 1 March 2017 and 16 December 2020, they advised some 300 clients to establish self-managed superannuation funds and invest in property and developments set up by MKS Property, which is an unregistered managed investment scheme. ...

Industry Fund Services executive departs

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... clients. Effective May 21, IFS closed AUSfund, which was set up 33 years ago as a fund for unclaimed or dormant superannuation funds, after the federal government's legislation made it mandatory for superannuation funds to transfer low-balance or ...

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
Two industry super funds have signed an agreement to explore a merger following a short period of discussion. Hostplus and Statewide Super have signed a Heads of Agreement, with a note on the former's website dated last week confirming the "important ...

Praemium appoints chief executive

KANIKA SOOD  |  THURSDAY, 12 AUG 2021
... management team at an important time for the company." Praemium will pay Wamsteker $600,000 base pay including superannuation, up to 50% of base salary as performance-based short-term incentives, and performance rights as long term incentives. In May ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
Ahead of the stapling reforms being implemented, a new research paper from the Association of Superannuation Funds of Australia (ASFA) shows multiple super accounts are already in sharp decline The paper outlines the fact that ATO data suggests there ...

State Street hires from Macquarie

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... which enables us to provide access to multiple liquidity channels," he said. "With widespread consolidation amongst superannuation/pension funds, together with ongoing changes to asset allocation and manager line ups, State Street is well placed to continue ...