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Showing 4171 - 4180 of 18115 results for "superannuation"

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
Less than 1.5% of gig economy workers are contributing to a superannuation account, a new report from the Actuaries Institute reveals. That's a key finding from the Actuaries Institute report, which also found that even when they do make contributions ...

Industry fund sees 252% increase in digital advice use

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
An industry superannuation fund has seen interactions with its online financial advice tool more than double year-on-year. Rest Online Advice interactions increased by 252% in the 2019/2020 financial year compared to the previous year. In total Rest ...

Key AMP executive resigns

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
The head of SuperConcepts and AMP Australia's managing director of superannuation, retirement and platforms is leaving the organisation, parent company AMP has confirmed. Lara Bourguignon is the managing director of superannuation, retirement and ...

Regulators alert trustees of new obligations

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
The financial services and superannuation regulators have expressed their expectations to trustees on the new member outcomes, and product design and distribution obligations. In a letter to trustees co-signed by APRA deputy chair Helen Rowell and ASIC ...

Cbus, Media Super merger progresses

JAMIE WILLIAMSON  |  TUESDAY, 15 DEC 2020
The two industry superannuation funds will move on to the next phase of merger preparations, as the smaller of the two confirms the closure of numerous investment options. Cbus and Media Super have announced they are commencing work on a merger plan ...

Retail fund ups premiums

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
A retail superannuation fund will increase premiums on income protection policies from 2021. Living Super, ING's super offering, will up income protection premiums by 23% from 8 January 2021. "Our focus is to provide a great value product with competitive ...

Vale Martin Heffron

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
Martin Heffron, one of the most respected experts in Australia's self-managed superannuation sector, has passed away suddenly after a brief illness. Heffron, the business that he co-founded with his wife Meg in 1998, sent a note to clients on 11 ...

AIST appoints two new executives

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
The Australian Institute of Superannuation Trustees (AIST) has appointed a new general manager memberships and partnerships and a new general manager professional development to drive a bigger focus on membership engagement. The appointments also aim ...

Australia bottoms out on fund disclosure

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... in funds with voluntary disclosure, but it is not enough. If people have to hand over their money to compulsory superannuation, disclosure should be compulsory as well," Kennaway added. Morningstar receives portfolio disclosures on a monthly basis for ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... said it does not oppose IOOF's $1.4 billion acquisition of MLC Wealth despite both firms supplying platforms for superannuation, investments and financial advice. ACCC commissioner Stephen Ridgeway said transactions that combine two major firms in a ...