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Showing 4071 - 4080 of 18115 results for "superannuation"

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... financial interests duty reform has major loopholes and lacks guidance from regulators, leading to major confusion for superannuation trustees. The fourth element of the proposed Your Future, Your Super reforms should be abandoned, according to superannuation ...

Rest extends State Street relationship

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
... continues to build a strong local presence in Melbourne which is critical to supporting our growing client base in the superannuation sector," said Charles River Development managing director Asia Pacific Cameron Field. Rest already uses State Street ...

AMP Capital to bring cars to shopping centre

ELIZA BAVIN  |  WEDNESDAY, 10 FEB 2021
... behalf of investors in the AMP Capital Shopping Centre Fund, AMP Capital Diversified Property Fund and Commonwealth Superannuation Corporation.

Workers being offered nothing: Keating

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
The Association of Superannuation Funds of Australia annual conference opened with the creator of super, former Prime Minister Paul Keating, alleging the government is swindling workers. Discussing the suggestion that the current government may forgo ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
The Association of Superannuation Funds of Australia (ASFA) has recommended the government remove the indexation of the transfer balance cap and to cap balances at $5 million to balance the system. In its pre-budget submission, ASFA focused its recommendations ...

Aware to focus on unlisteds over equities

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
Aware Super chief investment officer Damian Graham says the super fund is focused on building its unlisted infrastructure portfolio before it puts any more of its cash into stocks. Following the COVID crash in the first quarter last year, Graham said ...

Super must prioritise cybersecurity risk: Report

KARREN VERGARA  |  MONDAY, 8 FEB 2021
The superannuation industry is not prioritising the threat of cybersecurity risk and lacks the systems and understanding to address such challenges, according to a new report. The survey conducted by The Gateway Network Governance Body (GNGB) and PwC ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... Australians dip into their retirement savings. Over the duration of the scheme, $37.3 billion was removed from the superannuation industry from 20 April 2020 to 31 December 2020. The ERS scheme surpassed Treasury's initial estimates of $29 billion but ...

Pension fund members incur post-Brexit fees

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
The United Nations Joint Staff Pension Fund is investigating why some European banks are now imposing fees on benefit payments in what looks like an unforeseen consequence of Brexit. Some beneficiaries have seen fees of up to €25 charged on their ...

Industry fund promotes for GM role

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
A major industry superannuation fund has promoted from within to fill a vacant general manager position. Rest's head of operations David Madden has been promoted to general manager, administration solutions and governance. He replaces Kieran Varcoe ...