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Showing 4081 - 4090 of 18115 results for "superannuation"

APRA commends super funds on tough year

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
The prudential regulator had mostly positive things to say around Australia's superannuation industry last year as it released its annual review. The APRA 2020 Year in Review highlighted the difficult circumstances faced by those under its watch, with ...

Aware expands affordable housing portfolio

KARREN VERGARA  |  FRIDAY, 5 FEB 2021
... affordable housing portfolio with the addition of a new development in Greater Western Sydney. The $135 billion superannuation fund will construct 300 affordable housing units and 8750 square metres of office and retail space close to Liverpool Hospital. ...

Mercer hires from Australian Unity

ELIZABETH MCARTHUR  |  FRIDAY, 5 FEB 2021
Mercer has hired the former chief executive of Australian Unity Bank to lead its superannuation services. Tim Barber will step into the head of Mercer Super role, leading the flagship Mercer Super Trust and its related portfolio services business. Mercer ...

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... lifecycle MySuper product for their entire working lives, they could lose up to $170,000 in savings. The Rainmaker Superannuation Benchmarking Report found that single strategy MySuper products at least matched, and often beat, the lifecycle MySuper ...

Diversa, BetaShares relationship probed

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
The House of Representatives Standing Committee on Economics has questioned Future Super, Verve and Diversa Trustees on their relationship with BetaShares. Despite Future Super experiencing impressive member growth and returns recently, committee chair ...

Longstanding Challenger exec in new role

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
... PropTech to this sector," Pak said. EG currently has about $3.2 billion in funds under management on behalf of superannuation funds and private wealth clients, and $4.3 billion in the development pipeline.

Super funds bow to divestment pressure

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... funds that have started to divest from fossil fuels is now $500 billion, representing almost one quarter of all superannuation assets under management (excluding SMSFs). Market Forces' Out of Line Out of Time report highlighted 23 of the ASX-listed companies ...

Future Super, Verve accused of misleading members

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
The House of Representatives Standing Committee on Economics has accused Future Super and Verve of misleading consumers who are unlikely to understand the funds' relationship to Diversa Trustees. During questioning, Liberal MP and committee chair ...

Australians Googling for advice

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... Twitter in 2020. The two issues that drove these conversations were: real estate agents advising clients to withdraw superannuation to pay rent, and Liberal member of parliament Tim Wilson's social media posts encouraging people to use superannuation ...

Chant West hires distribution head

KARREN VERGARA  |  WEDNESDAY, 3 FEB 2021
... insurance unit OnePath. Sillar was responsible for the distribution of life and disability insurance, investments and superannuation products through financial advisers. He also worked at E*Trade, and BTFG for about a decade, starting out as head of ...