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Showing 351 - 360 of 1193 results for "Switch"

Insurance premiums soar at Qantas Super

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Customers of Qantas Super will see their insurance premiums rise substantially come 1 August 2020 now that the super fund has officially switched insurers to MetLife. The fund blamed a range of factors for the increase, mostly surrounding the effects ...

BT un-aligns group insurance, awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
Westpac's BT super has awarded a group insurance mandate, switching members away from Westpac Life Insurance Services. AIA Australia has been appointed as the new group insurer, with the change coming into effect from 1 July 2020. The change will impact ...

Hostplus bumps cash allocation up

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
Industry fund Hostplus has revised its asset allocation, bumping the allocation to cash in its balanced option up from 0% to 5%. The change to the cash allocation was effective from 19 June 2020, when the fund also reduced its allocation to alternatives ...

Advisers switch platforms amid pandemic

ALLY SELBY  |  TUESDAY, 7 JUL 2020
New research has revealed Australia's financial advisers switched between various investment platforms in their search for better service and support in the wake of the Royal Commission and COVID-19 pandemic. Investment Trends' 2020 Planner Technology ...

Industry fund eyes KiwiSaver accounts

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... NewZealanders who permanently settle in Australia, to the transfer their KiwiSaver savings to Australian superannuation funds. The switch generally has a tax benefit for expat Kiwis because KiwiSaver account's investment earnings are charged at 28% ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... Compliance which indicated that the subject advisers were unable to provide sufficient evidence of informed instructions to switch the clients out of MySuper." These breaches formed part of a Royal Commission case study, where Commissioner Hayne did ...

Super funds face fresh data requirements

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
The prudential regulator will request additional data from the country's super funds, in a bid to understand the full impact of the COVID-19 pandemic on the industry. The COVID-19 Pandemic Data Collection (PDC) will enable the regulator to conduct an ...

Calls for index industry disruption

ALLY SELBY  |  MONDAY, 22 JUN 2020
Morningstar has called for disruption in the index industry, arguing investors, financial advisers and asset managers have much to gain from a more diversified market. This sector of the asset management industry needs more competition, especially when ...

Hold super accountable for miners' actions: Future Super

HARRISON WORLEY  |  THURSDAY, 11 JUN 2020
... sustainable" about the nation's cultural sites being destroyed in pursuit of profit, and added super members had the power to switch their retirement savings to funds which don't invest in companies which do so. "As the rest of the world has begun to ...

BetaShares to list hedged versions of global stocks ETFs

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... $554 million Global Sustainability Leaders ETF (ETHI) and the $764 million NASDAQ 100 ETF (NDQ) as Australian investors switch gears from unhedged versions of global equities funds to hedged ones. "The bottom line is what we are seeing -- at the moment ...