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Showing 4781 - 4790 of 18119 results for "superannuation"

ING rejigs super offering, closes balanced option

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
... the growth option's allocation of 70% to growth assets," it said in a member communication. Balanced options at superannuation funds have copped advisers' ire in recent months, questioning their high allocations to illiquid assets, low cash and fixed ...

FPA confirms redundancies

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... However, this hit a snag recently when the extension failed to pass after Assistant Minister for Financial Services, Superannuation and Financial Technology Jane Hume said during a FPA webinar that it would. The legislation is expected to pass in early ...

Industry fund named top employer

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
An industry superannuation fund managing around $6 billion has been recognised as one of the nation's best employers. EISS Super has been named a Kincentric Best Employer, an award based on the feedback of its staff. Kincentric, a global consulting ...

Industry fund backs tobacco-free pledge

ALLY SELBY  |  THURSDAY, 28 MAY 2020
A $100 billion industry super fund has backed the Tobacco Free Finance Pledge Stamp, firming its commitment towards a more sustainable and tobacco-free future. First State Super has secured a Pledge Stamp, showcasing its public commitment to sustainable ...

Complaints abound during COVID-19: AFCA

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... COVID-19 related financial complaints since the pandemic was declared in March, with more than 600 directed at superannuation funds. Speaking to members at on online forum, chief operating officer Justin Untersteiner revealed the COVID-19 related complaints ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
Latest data from APRA shows that the superannuation sector has withstood the worst of the COVID-19 financial crisis, falling just 0.3% in a year while bolstering cash reserves. The prudential regulator's latest quarterly superannuation statistics ...

Iress inks bond exchange partnership

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... and their ability to generate sustainable retirement income is severely compromised by substantial falls in their superannuation balances as a result of recent share market volatility. "By investing directly in bonds, Australians can now diversify their ...

Super fund to remediate members

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
An industry superannuation fund is remediating some members after identifying performance discrepancies in its cash and Australian bonds holdings. REI Super said the average estimated credit is less than $60 per member, and the effect of remediation ...

Retirement funder adds two new executives

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
... quality credit to retired Australians throughout their retirement and meet a major unmet need." Funder said with superannuation and investment portfolios "decimated", and dividends and term deposits at all-time lows, Australian retirees need help to ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
It is in the best interests of members for the number of superannuation funds serving Australians to be drastically reduced, according to a new report. Management consulting firm Right Lane is calling on high-cost super funds to urgently wed themselves ...