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Showing 371 - 380 of 4774 results for "Super funds"

GROW Inc. chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... has also set its sights on other industry verticals, including the ETF registry space. It has since amassed several super funds as clients, including Vanguard, HESTA, and NGS Super. It also services T. Rowe Price, Citibank, and Platinum. Having just ...

Cbus names chief strategy officer

ELIZABETH FRY  |  FRIDAY, 1 NOV 2024
... years. During his six years as chief executive at ISA, he led marketing and advocacy programs that helped industry super funds remain competitive, protected the founding principles of super, and boosted member savings. Dean devised the now-famous fox ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... that retail superannuation funds spent a whopping amount on external financial advisers. Seventeen out of the top 20 super funds that had a massive advice budget were retail funds. AMP's Wealth Personal Superannuation and Pension Fund spent $294.5 ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
... Advice (SoAs) will also receive a makeover, while a new class of advisers called "Qualified Advisers" from banks, super funds, and life insurance firms will be able to provide simple advice. Jones told a recent AFR event: "The financial advice laws in ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
APRA has published the in-depth data on super funds' expenditure from marketing costs and payments to industrial bodies to spending on member services, as the regulator puts a spotlight on how member money is being spent. AustralianSuper had the ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... the industry for 10 years. ASIC explained at the time UGC had advised prospective clients to establish self-managed super funds and invest into speculative schemes, which Hewish had interest in. Meanwhile, Keystone Asset Management's Shield Master Fund ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... Spender questioned APRA deputy chair Margaret Cole on whether APRA believes the standards to which the regulator holds super funds are adequate, or if there should be more focus put on super fund net returns. Cole said the performance test is run on ...

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... instances such as these, despite the reserves being fully funded and the trustees being entitled to do so. From next July, super funds with more than $30 billion in funds under management (FUM) will need to target 0.20%, while those with more than $165 ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... Superannuation Funds of Australia (ASFA) also wants to see the reforms passed swiftly, with the legislation to also benefit super funds. ASFA chief executive Mary Delahunty said the move will be a "revolutionary step" for Australians to ultimately achieve ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
The number of mandates awarded by not-for-profit (NFP) super funds and investment managers has spiralled into freefall, according to the latest Rainmaker Information research. NFP super funds and investment managers made 76 mandate appointments in the ...