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Showing 4201 - 4210 of 18115 results for "superannuation"

ASIC defers portfolio holdings disclosure deadline

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
ASIC has given superannuation funds another year to disclose their portfolio holdings. The regulator has extended the relief, which defers the first reporting day to 31 December 2021. The relief was set to expire on 31 December 2020, requiring trustees ...

University debt weighs on personal investing

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... participants in a new survey said their HECS-HELP debt was standing in their way to start investing outside of superannuation. Futurity Investment Group surveyed 1000 Australians who went to university and found university debt impacted many facets of ...

Advice associations join forces

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... louder voice when lobbying for the industry. The alliance will have a membership base of 10,000 with 4000 tax and superannuation members from TSA and 6000 adviser members from AIOFP. In a note to members this morning, AIOFP executive director Peter Johnston ...

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AustralianSuper's attempt to takeover a New Zealand infrastructure and renewable energy company for $5.1 billion has been rejected. The New Zealand stock exchange-listed Infratil (IFT) this morning rejected the bid, saying that the proposals are ...

AMP launches retirement product

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AMP has launched a new retirement product that guarantees the return of capital regardless of market volatility. Available on its MyNorth platform, MyNorth Guarantees aim to help investors nearing retirement protect their nest egg against sequencing ...

Vision Super increases premiums

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
Vision Super and its group insurer MLC Life have increased the cost of insurance premiums by 17.8%. The $10.3 billion industry fund said that MLC Life had determined the 17.8% increase was required to continue to cover the cost of providing insurance ...

Super SA to close growth option

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
The $30.5 billion government superannuation fund for South Australia will close its growth option. From 25 January 2021, Super SA will also be closing the growth investment option. Investments in this option will automatically be switched into the high ...

Bennelong adds to board

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
A former long-serving superannuation fund chief and industry veteran has joined the board of Bennelong Funds Management. Michael Dwyer joined the board of the fund manager and its parent company Bennelong Funds Management Group as non-executive director ...

Cbus expands clean-energy holdings

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
Cbus has completed the acquisition of a renewable energy asset with the help of a consortium. The partnership with Capital Dynamics and other investors acquired a direct undisclosed interest in two solar photovoltaic (the process of converting light ...

WA Super trio launches boutique

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... three co-founders. The advisory panel includes WA Super's former chief executive Fabian Ross and former GESB Superannuation chief investment officer Sharon Hicks. Industry-super-owned asset consultant Frontier (newly rebranded from Frontier Advisors) ...