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Showing 4471 - 4480 of 18119 results for "superannuation"

ASIC takes disqualification decision to Federal Court

ALLY SELBY  |  FRIDAY, 11 SEP 2020
... auditing their own funds, the funds of an immediate family member and the fund of a close family member. "Self-managed superannuation fund auditors play a fundamental role in promoting confidence in the sector," ASIC Commissioner John Price said at the ...

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
... Niven will step down as group executive, corporate relations, effective 31 December 2020. The Australian Council of Superannuation Investors (ACSI) welcomed the announcement of the executive departures by Rio Tinto in light of the destruction of culturally ...

ERS sees Cbus members forfeit TPD cover

ANNABELLE DICKSON  |  FRIDAY, 11 SEP 2020
... "If we extend that out to persons aged 65 years, our Cbus members retired typically with one third of the average superannuation retirement balance of the so called average superannuation member per the APRA statistics," Arter said. "That member is more ...

Industry fund chief to step down

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
The head of a $5 billion superannuation fund is stepping down at the end of 2020. BUSSQ chief executive Linda Vickers is retiring from the role and will be succeeded by chief operating officer Damian Wills. Vickers has been with the super fund for more ...

NZ Super Fund posts positive result

ANNABELLE DICKSON  |  THURSDAY, 10 SEP 2020
Despite delivering single digit returns, the NZ Super Fund managed to outperform the average returns of Australian MySuper products and the Future Fund. The $44.8 billion fund recorded a return of 1.73% for the year ending June 30 underperforming its ...

Super fund axes AMP Capital mandate

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
Another superannuation fund has pulled its mandate with AMP Capital's Ethical Leaders Balanced Fund, appointing another investment manager to its Balanced Socially responsible option. Legalsuper has terminated AMP Capital as investment manager of ...

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... disclosure requirements for two years as a result of COVID-19. ASIC said it is pushing back the timeframe when superannuation funds and managed investment product issuers are required to update their product disclosure statements, which originally applied ...

Industry fund hikes premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
Members of a Queensland-based industry fund will soon see their insurance premiums rise by as much as 43% from October. From October 1, members of Intrust Super's MySuper option will pay more for both life cover and life and TPD cover. For those members ...

First State Super makes first take-private bid

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
First State Super, soon to be Aware Super, has made a bid to acquire 100% of the shares in a listed telco, in what comes as the super fund's first direct bid for an ASX-listed company. The $95 billion industry super fund has made a bid to acquire ...

CFS super distribution lead joins Allianz Retire+

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
The head of superannuation distribution at Colonial First State has commenced in a new role, leading a newly created institutional partnership strategy at the retirement specialist. Fintan Thornton has been appointed head of institutional solutions ...