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Showing 3961 - 3970 of 18115 results for "superannuation"

PYSP reunites $4.3bn of lost super

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... $573 million paid proactively into individuals' bank accounts - a power that only the ATO has," the minister for superannuation, financial services and digital economy Jane Hume said. New data from the ATO shows unclaimed superannuation dropped to $13.8 ...

Super funds to answer to new APRA enforcer

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
APRA has announced the appointment of Margaret Cole as a new member, focused on enforcement of the superannuation sector. Announcing the appointment, Treasurer Josh Frydenberg said Cole has extensive experience in regulatory and legal fields across ...

Colonial First State names executive chair

JAMIE WILLIAMSON  |  THURSDAY, 18 MAR 2021
... overseeing a program of significant investment by Commonwealth Bank and KKR "to make CFS one of the most competitive superannuation and investments businesses in Australia, which will benefit members, advisers and employers". Coombe has extensive experience ...

WTW wins mandate from NZ government super fund

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
Willis Towers Watson has been appointed to review the New Zealand Government Superannuation Fund Authority (NZ GSFA). Under this appointment, WTW will assess NZ GSFA's investment approach to determine how effectively and efficiently it is performing ...

Cbus awards $240m mandate

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
The $60 billion industry super fund for the construction and building sectors has announced a new $240 million mandate. Impax Asset Management has been awarded the mandate in a move focused on investing in opportunities arising from the transition away ...

AustralianSuper introduces insurance changes

KARREN VERGARA  |  WEDNESDAY, 17 MAR 2021
... ratings and see some members pay lower premiums. Following its annual insurance review, Australia's largest superannuation fund, which reached $203 billion in assets under management at the end of 2020, nearly half of its 2.2 million members will ...

Westpac merges consumer, business divisions

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
... division. Its insurance divisions moved into business and consumer; private wealth, platforms and investments and superannuation moved into an expanded business arm. Westpac chief executive Peter King said the move will serve to simplify the business ...

Funds SA appoints director of asset allocation

KANIKA SOOD  |  WEDNESDAY, 17 MAR 2021
... officer Jo Townsend said. Funds SA is a public sector fund that manages more than $37 billion for public sector superannuation schemes, insurers, and endowment funds. It was set up in 1995, under the Funds SA. legislation passed by the South Australian ...

CSC pivots towards divestment

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
At Commonwealth Superannuation Corporation's annual general meeting yesterday, the $50 billion government fund revealed it has divested pure-play coal. CSC chief investment officer Alison Tarditi revealed for the first time that the fund has divested ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... interests duty (BFID) could see members pay higher administration fees as the record-keeping obligations ramp up, superannuation funds and industry experts warn. The reforms, which are part of the Your Future Your Super legislation currently sitting ...