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Showing 4291 - 4300 of 18115 results for "superannuation"

Industry fund slashes admin fees

KARREN VERGARA  |  MONDAY, 16 NOV 2020
A $13 billion superannuation fund has slashed its administration fees by a third. LGIAsuper members will pay less administration fees - from $1.50 per week or $78 per year to $1 a week or $52 per year starting this month. LGIAsuper chief executive Kate ...

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
Senator Jane Hume is cracking down on how superannuation funds spend members' money and subjecting them to the same stringent reporting and disclosure requirements as publicly-listed companies. The Minister for Superannuation, Financials Services ...

Australians drain $35bn from super

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... immediate effects of the COVID-19 lockdown, close to five million Australians have removed over $35 billion from superannuation. Around half of the total applications are repeat applications; those who removed up to $10,000 prior to the new financial ...

Club Plus announces insurance changes

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
The $3 billion industry fund for club workers has announced significant changes to its insurance offering with group insurer OnePath. From 1 January 2021, members will see premiums on death, total and permanent disability and income protection cover ...

Link hires from QSuper, NAB

JAMIE WILLIAMSON  |  FRIDAY, 13 NOV 2020
... AustralianSuper for Link Group, ensuring the continued support of the fund. He will report to Link chief executive, superannuation solutions Dee McGrath. McCormack joins from QSuper where he held the lead growth strategy role for close to four years. ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...

Aware Super finds airport returns despite COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 13 NOV 2020
Aware Super's investment in Bankstown Airport, in western Sydney, has proved resilient through COVID-19 - thanks in part to an investment in an air wing for NSW Police. Earlier this month, NSW Police opened its aviation support branch - also known as ...

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
The Australian Institute of Superannuation Trustees has criticised the government's Your Super, Your Choice reforms, saying they fail to protect existing members in underperforming funds. Outlining its view of the reforms, AIST pointed out the need ...

AustralianSuper backs net-zero emissions

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
AustralianSuper is pledging to achieve net-zero carbon emissions in its investment portfolios and ramping up its commitment to renewables. Following a board meeting in October, the super fund decided it was in members' best interest that it positions ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
... live in with the way we spend and invest our money. We must make sure that our investments, including pension and superannuation funds, are driving transparency and accountability." "An initiative like Investors Against Slavery Trafficking is long overdue. ...