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Showing 3601 - 3610 of 18115 results for "superannuation"

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... employee-related remediation. The bank is juggling a number or class actions. It is defending itself against four superannuation class actions that involves Colonial First State Investments (CFSI). The advice class action relates to Commonwealth Financial ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
... launched inquiry into common ownership, new analysis from Rainmaker Information finds the share of the ASX held by superannuation funds is actually falling. In 2019, Rainmaker predicted that by 2030 Australia's super funds would hold 50% of the ASX ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... 2021, 59% of Kaizen's recruitment assignments were completed within funds management, with the remainder across superannuation, insurance, private lending, and wealth management. The firm said there was strong demand in investment research, investment ...

Sunsuper, Iress launch adviser data feed

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... Sunsuper and Iress have launched a solution that enables financial advisers to efficiently access clients' superannuation data. Advisers can now access super information in their clients' portfolios when using Iress' advice software Xplan. ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... 8 June 2010 until 14 March 2016. Nexus has previously purchased a client book for SuperLeader, an AMP corporate superannuation product where employers and employees could become members. Kourieh was responsible for generating new business and administering ...

Active Super rejigs MySuper

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... the age-based transition between investments based on member profiles. It expects the MySuper changes to improve superannuation balance (at age 67) for all cohorts. For example, a 20 year-old will see a $115,025 increase in their balance at retirement ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
Treasury has selected two MSCI indexes to serve as benchmarks for super funds investing in property under the Your Future, Your Super reforms. The MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index and MSCI Australia Quarterly Private ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... may not be subject to the APRA performance test, ISA said. ISA's views contrast with those of Association of Superannuation Funds of Australia chief executive Martin Fahy, who said the changes will drive down fees for members. "ASFA is pleased that ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... the product over the most recent financial year, benchmarked against peers," the government said. Association of Superannuation Funds of Australia chief executive Martin Fahy said the changes will drive down fees for members. "ASFA is pleased that the ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
... positive indicators of future income-generating abilities, according to Morningstar. While perhaps best known for its superannuation administration business, Link Group's super business only contributes to about a quarter of its EBITDA. Morningstar said ...