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Showing 4531 - 4540 of 18119 results for "superannuation"

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... restructuring cost of $1.8 million in respect of a change in trustee and implementation of MIS to streamline its IDPS and superannuation managed portfolios. The platform also put out a forward guidance of a FUA range of $28-$32 billion by 30 June 2022 ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
Challenger has launched a new lifetime annuity with payments linked to the cash rate. The RBA Cash Linked option is the first lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
The $45 billion industry fund for hospitality, sport and tourism has increased optional insurance premiums for some members by up to 73.7%. Non-default salary continuance insurance premiums for Hostplus members will increase from 1 October 2020. Salary ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
Government should top up the superannuation balances of Australians who make less than $39,837 a year and genuinely accessed their superannuation under ERS, according to the Australian Institute of Superannuation Trustees. The body is recommending the ...

ERS applications slow

ELIZA BAVIN  |  MONDAY, 24 AUG 2020
Over $31.6 billion has been removed from superannuation since the start of the Early Release of Superannuation (ERS) scheme, but applications appear to be slowing down. In the week to August 16, around $600 million was paid out to members, down from ...

Boe Pahari steps down

ELIZA BAVIN  |  MONDAY, 24 AUG 2020
... Financial Markets Association (AFMA), Asia Society and Women in Banking and Finance. The Australian Council of Superannuation Investors (ACSI) welcomed the announcement of Pahari's removal as chief executive of AMP Capital and the changes to the ...

AMP hires risk lead

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
AMP has appointed a head of risk, superannuation, retirement and platforms. Justine Gorman will step into the role, joining AMP from National Australia Bank where she was head of risk, wealth transformation program. Gorman spent approximately two and ...

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... businesses chief executive Jason Yetton, who was appointed earlier in the year to review and ready the bank's superannuation, platforms, investments, insurance, auto finance and Westpac Pacific businesses for sales, demergers and spin-offs - said ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
... COVID-19. "The wealth business continues to be impacted by increased industry wide regulatory costs within the superannuation portfolio, which are expected to continue over the medium term," Suncorp said. "Wealth continues to embrace regulatory reform ...

ASIC takes action against RI Advice

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
... group will have to implement appropriate cyber risk management. ASIC named Anthony Hilsley, a financial adviser at Superannuation Advisory Service trading as Wise Financial Planning, in its concise statement. The regulator alleges RI Advice was informed ...