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Showing 3761 - 3770 of 19586 results for "RIS"

Advisers can step up to retirement planning boom

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
With the passing of the Retirement Income Covenant, there has never been a better time for advisers to position themselves as retirement advice specialists. This is according to SuperEd chair Jeremy Duffield, who predicts that retirement planning will ...

ASX chief steps down

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
The chief executive of the ASX has resigned from the post as the company grapples with a long-delayed transformation project. Dominic Stevens is stepping down from the dual roles of managing director and chief executive after nearly six years at the ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
Two long-awaited reforms, the Retirement Income Covenant and Corporate Collective Investment Vehicle regime, passed parliament yesterday. Superannuation funds will have to provide a retirement income strategy for members to assist them in their later ...

Link REIT, Oxford ink $2.3bn office portfolio deal

CHLOE WALKER  |  FRIDAY, 11 FEB 2022
Hong Kong-based Link Asset Management has announced a joint venture with Oxford Properties Group in the Investa Gateway Office (IGO) venture, which consists of a prime office portfolio worth over $2.3 billion. Link will own a 49.9% stake, while Oxford ...

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Hostplus introduced a new trustee fee, after receiving Supreme Court approval to apply the fee to create emergency reserves. The amount will vary based on members' balances, but a Hostplus member with $50,000 in savings can expect to be charged an extra ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
Australian retirees' budgets are under threat by the rise of everyday living expenses, according to findings from the Association of Superannuation Funds of Australia (ASFA). ASFA's Retirement Standard for the December 2021 quarter indicates ...

FPA reschedules Congress

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
The Financial Planning Association of Australia is rescheduling its annual FPA Professionals Congress to November, taking place in-person at the ICC in Sydney. The FPA's flagship event was originally planned for 7-8 April, but following conversations ...

Boards still lagging on diversity

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
The latest report from Deloitte and 30% Club Australia questions whether boards are fit for purpose, especially when lacking diversity of experience or background. The report, titled Bold moves in the boardroom, asked whether boards are set up to navigate ...

Magellan fund loses $1bn in five months

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
A Magellan fund has lost nearly $1 billion in the last five months of 2021, an analysis of the exchange-traded product sector reveals. Rainmaker Information's latest ETP Report found that the Magellan Global Fund Open Class lost $737 million in ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
The House Economics Committee is going to examine the rainy day funds created by superannuation funds following recent amendments made to the Superannuation Industry (Supervision) Act 1993. The hearing, scheduled for February 10, is part of the committee's ...