Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3881 - 3890 of 18115 results for "superannuation"

Life industry to launch framework

ANNABELLE DICKSON  |  WEDNESDAY, 21 APR 2021
... for employees will provide a roadmap for long-term consistency across the industry," Willsford said. Minister for superannuation, financial Services and the digital economy Jane Hume welcomed the framework. "I applaud ANZIIF and industry for their hard ...

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
... from ASIC. The Quality of Advice Review will consider the LIF Review as part of its wider mandate, Minister for superannuation, financial services, the digital economy and women's economic security Jane Hume announced this morning. Speaking at the ...

Rest launches low-cost SRI option

JAMIE WILLIAMSON  |  TUESDAY, 20 APR 2021
The $59 billion super fund has launched the responsible investment option Financial Standard revealed it was working on late last year, introducing one of the lowest cost SRI vehicles in the market. Rest's 1.7 million members will now have access to ...

Best MySuper options by risk-adjusted returns

KANIKA SOOD  |  TUESDAY, 20 APR 2021
Australian Ethical, Aware Super and BUSSQ are the top three performers in MySuper, when risk adjusted returns are considered. Rainmaker calculated a combined risk-adjusted rank for MySuper options, incorporating their average percentile scores in Sharpe ...

Adviser-led TPD claim admittance rates fall

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... same period. The admittance rates for advised individual claims continued to be higher than non-advised claims. Superannuation life insurance claims In the group super channel, admittance rates remained largely unchanged: death (98% in both years), TPD ...

Former Aon Hewitt adviser banned

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
... investigation found that between 2014 and 2017, Hills allowed or authorised misleading and inaccurate letters about superannuation to be issued to some Aon Master Trust Members. ASIC alleges the letters misrepresented the past performance of Aon MySuper ...

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
... advisers engaged in misconduct are appropriately disciplined under one system," minister for financial services and superannuation Jane Hume said. The consultation period is now open and will run until Friday, May 14.

State Street the largest institutional manager

KANIKA SOOD  |  MONDAY, 19 APR 2021
... State Street ended 2020 with $175.3 billion in institutional funds under management sourced through other managers, superannuation funds and non-super investment vehicles in Australia. The second largest was Vanguard with $165.2 billion. State Street's ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Two Australian chief investment officers made the annual Power 100 list published by Chief Investment Officer. Con Michalakis, who has been Statewide Super's chief investment officer since 2008, was on the list alongside $171 billion Future Fund's ...

Women participation rate booms

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... took on the responsibilities for women's economic security in late March, in addition to her portfolios of superannuation, financial services and the digital economy. Amid former attorney-general Christian Porter's historic rape allegations ...