Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 1584 results for "Power50"

ABPs alone won't meet retirement income covenant: Knox

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
Mercer's David Knox says super funds won't be able to meet the Retirement Income Covenant's requirements via account-based pensions alone and will have to look at other solutions. The government's latest guidance on the Retirement Income ...

Forrest pitches a green Fortescue to super funds

STAFF WRITER  |  WEDNESDAY, 1 SEP 2021
In his keynote address at the AIST's investment conference, Andrew Forrest said Fortescue is ready to go green by 2030 and it's the best opportunity for super funds to get exposure to green hydrogen. He said Fortescue will release its scope ...

Experts torn on inflation outlook

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference, a panel of economic experts shared very different views on the outlook for inflation. J.P. Morgan Asset Management chief market strategist Karen Ward argued ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
APRA has issued guidance on how it will administer the Your Future, Your Super performance test for lifecycle MySuper options that make changes within the option or transition to a new option. The regulator has the power to make determinations on combining ...

Abrdn acquires robo-adviser

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
The Scottish wealth management firm is purchasing Exo Investing from Nucoro and will produce a digital wealth management app with AI capabilities. The acquisition will help Abrdn develop an industry-leading technology solution for investors powered ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
Despite being among the prime targets of the government's recently launched inquiry into common ownership, new analysis from Rainmaker Information finds the share of the ASX held by superannuation funds is actually falling. In 2019, Rainmaker predicted ...

Colonial First State adds to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
Colonial First State Investments Limited and Avanteos Investments Limited have added a former Mercer head of superannuation services to their trustee boards. Jo-Anne Bloch is joining the boards as a non-executive, independent director. She is currently ...

M&As to create super advice firms

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
Mergers and acquisitions will power the financial advice industry, culminating in the formation of "advice mega firms" in the near future, a new white paper suggests. According to a new report by AZ Next Generation Advisory (AZ NGA), the collapse of ...

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
The government on Friday released the draft legislation for the Financial Accountability Regime (FAR) which will apply to superannuation funds and insurers. The FAR extends the Banking Executive Accountability Regime (BEAR) which has applied to banks ...