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Showing 4501 - 4510 of 18119 results for "superannuation"

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... There's an unlikely user of the government's current amnesty for employers who underpaid SG - a Sydney superannuation fund, which is currently reimbursing shortfalls to staff. Australian Catholic Superannuation and Retirement Fund underpaid SG ...

Sydney boutique wins $300m QIC mandate

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... market's been somewhat subdued." Late last year, the boutique raised $100 million for its second fund with a Sydney superannuation fund Australian Catholic Superannuation and Retirement Fund investing again with it.

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
Unlisted asset valuations, early release of superannuation and heatmaps are some of the key areas APRA will prioritise over the next 12-18 months. COVID-19 has forced APRA to reassess the urgency of a number of key initiatives affecting superannuation ...

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... Brisbane and Keating in Sydney, the former Prime Ministers said the current government is trying to destroy the superannuation system. "Superannuation is a bit like a bath. The water in the bath is savings. So the government has taken the plug out of ...

Former adviser faces fraud charges

ALLY SELBY  |  MONDAY, 31 AUG 2020
... that between 2015 and 2017, Gordon withdrew a total of $502,000 from the bank accounts of six of his self-managed superannuation fund clients, without authorisation. Between 2016 and 2018, Gordon subsequently used $473,600 from funds belonging to Diverse ...

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... action," against misconduct. "A new ASIC-wide working group will undertake this work," the report read. ASIC warned superannuation funds that it will closely monitor the impact of COVID-19 on insurance offerings. This includes reviewing trustees' ...

Cbus pledges net zero emissions

ANNABELLE DICKSON  |  MONDAY, 31 AUG 2020
The $54 billion construction industry fund is planning to cut 45% of absolute portfolio emissions by 2030 and is aiming for net zero emissions by 2050 by removing high-risk climate holdings. Under Cbus' new Climate Change Roadmap, the fund will develop ...

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... Furthermore, the booming tech and consumer discretionary sectors are being buoyed by investors using early access to superannuation to bet on the share market. ASIC raised concerns about the influx of new retail investors trying their hand at trading ...

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
A $1.7 billion superannuation fund is cutting some of its fees as of 1 October 2020. The majority of Christian Super's 28,000 members will benefit from asset allocation changes, lower fees paid to investment managers, and reduced indirect costs ...

New chief investment officer at Australian Unity

KANIKA SOOD  |  FRIDAY, 28 AUG 2020
... Global Asset Management and First State Investments. More recently, he has worked in independent advisory roles in superannuation and wealth management. He will report to Esther Kerr-Smith, who was appointed chief executive for wealth and capital management ...