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Showing 4061 - 4070 of 18115 results for "superannuation"

Hume slams superannuation circus

KARREN VERGARA  |  MONDAY, 15 FEB 2021
Senator Jane Hume has slammed the spectacle within the superannuation sector and the conflicting views from executives and industry bodies, which she says is the most "frustrating" part of her job. The Minister for Superannuation, Financial Services ...

Super scammer permanently banned

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... to about $9.8 million. One victim of McSweeny, Lynn Gundrie, told Channel Nine she had lost her entire $600,000 superannuation balance after McSweeny convinced her to become a client by telling her that he could achieve better returns than her current ...

SG rise a bad idea: Chartered Accountants

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
According to Chartered Accountants Australia and New Zealand, the superannuation guarantee should not rise from 9.5% to 12%. "Since the last election, there has been a global pandemic, the first Australian recession in 29 years, our highest unemployment ...

Industry fund chief executive to depart

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
The chief executive of a $90 billion industry superannuation fund will be stepping down after eight years in the role. UniSuper chief executive Kevin O'Sullivan will depart the fund later this year. "Kevin has led UniSuper with distinction over the ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... looking for a very particular brand of adviser. "Most super funds prefer advisers that come from a background within superannuation or larger corporate and who have a strong technical knowledge of superannuation," he says. "Advisers with a proven track ...

To merge or not to merge?

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... The question around whether being bigger is better was one of the key points of discussion at the Association of Superannuation Funds of Australia conference, with MTAA and Aware Super talking mergers. MTAA Super chief Leeanne Turner said that whilst ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
The Biden administration is putting a $3 trillion infrastructure investment opportunity on the table, which superannuation funds should seize. This is according to Australia's ambassador to the US Arthur Sinodinos, who flagged that the largest capital ...

Age pension spending to rise: ISA

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
Industry Super Australia (ISA) said ditching the 12% superannuation guarantee could add over $33 billion to Age Pension spending. ISA said modelling from Rice Warner suggested the Age Pension would have to make up for the superannuation guarantee not ...

Industry funds pool $61bn of assets

KARREN VERGARA  |  THURSDAY, 11 FEB 2021
Two industry superannuation funds will pool their assets to create a $61 billion trust, in a move that is set to be a better alternative to a merger. Touted as an industry first, Maritime Super and Hostplus today announced an asset-pooling partnership ...

Frontier on hiring spree

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... appointed people and culture adviser. The hires come as Frontier looks to diversify its business beyond its traditional superannuation clients, who are increasingly building in-house capabilities and facing merger pressures. More than 50% of its clients ...