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Showing 4621 - 4630 of 18119 results for "superannuation"

NULIS calls for clearer regulatory definitions

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
NULIS said it intends to explore opportunities to enhance its intra-fund advice offering, but requires more concise regulatory definitions before it can proceed. In a written response submitted to the House of Representatives Standing Committee on Economics ...

Media Super names chief operating officer

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
... services coordinator at Mercer, administering the Foster's Group super fund. Van der Heyde started her career in superannuation at UniSuper as an account executive. The appointment comes as Cbus and Media Super signed a memorandum of understanding and ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... government $2.22 billion over the forward estimates, it said. The rules remain similar: people accessing their superannuation will not need to pay tax on amounts released and the money they withdraw will not affect Centrelink and Veterans' Affairs ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... from their spouses. Women's Legal Service Victoria (WLSV), Women in Super (WIS), the Australian Institute of Superannuation Trustees (AIST) and HESTA have called on the ATO, Treasury and ministerial staff to implement the $3.3 million scheme, which ...

J.P. Morgan wins custody mandate

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
A $21 billion superannuation fund has renewed J.P. Morgan as its custodian for another five years. TelstraSuper renewed the contract after a market assessment. TelstraSuper head of investment operations Miles Mallick said J.P. Morgan's emphasis on delivering ...

Super fund COVID-19 requirements to remain

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... review its Pandemic Data Collection (PDC) in September but will continue until the pandemic-related issues faced by superannuation funds have subsided, according to its recent frequently asked questions (FAQ) about PDC. The regulator published the FAQs ...

US considers restricting ESG in pensions

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... course of action." The proposal appears to be similar to the sole purpose test which is in place for Australian superannuation funds. The sole purpose test requires each trustee of a super fund to ensure the fund is maintained solely for the provision ...

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... have an incredible opportunity to attract not only global investment but to draw on the almost $3 trillion pool of superannuation savings to power a green-led recovery from COVID-19," Blakey said. "But there is growing global consensus from investors ...

AIA Australia appoints behavioural economics lead

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... enabling us to design and deliver solutions that work for real people." AIA Australia is the life insurer for many superannuation funds including BT Super and HESTA. Australian life insurers posted a net loss of $1.8 billion for the year ending March ...

Stimulus, ERS pushes spending up 17%

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
New research has demonstrated the impact of the government's stimulus package and early release of superannuation program, with a sharp uptick in consumer spending. The data from illion and AlphaBeta, part of Accenture, found consumer spending in Australia ...