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Showing 4821 - 4830 of 21770 results for "Dec"

Active Super adds board director

JAMIE WILLIAMSON  |  THURSDAY, 11 NOV 2021
The $14 billion industry superannuation fund will welcome a new board director next month, appointed to a four-year term. Liverpool City Council's Nathan Hagarty will join Active Super's board on December 5 as an employer-nominated director. ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
Millennials (born 1981 to 1996) represent the fastest growing segment of new SMSF accounts. This is according to new data from AUSIEX, which found during the first quarter of this financial year there was a 9.3% increase in new SMSF accounts opened ...

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
The federal government is forging ahead with slashing the financial adviser levy by more than a third for those that provide retail advice. Corporate watchdog ASIC today updated its 2020-21 Cost Recovery Implementation Statement, which lays out how ...

QIC names Frawley's successor

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
Following a global executive search, QIC has named its new chief as the incumbent steps down next year. Lendlease group head of investments Kylie Rampa will commence as QIC's chief executive in April 2022 as Damien Frawley caps off 10 years with ...

The search for income outside defensive assets

ANNABELLE DICKSON  |  THURSDAY, 11 NOV 2021
The eighth wonder of the world, compound interest, has been diminished and retirees must look elsewhere in their search for yield. Speaking at the Financial Standard Best Practice Forum on Retirement Income, Fidelity International cross asset investment ...

BT closes self-licensee business

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
BT will shutter its Practice Principals' Community (formerly known as BT Select or BT Open), with the head of the offering to depart BT to start an independent service for self-licensed practices. Kon Costas, who has been with BT for a decade and ...

Sunsuper moves $20bn mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
Sunsuper has decided where to move its $20 billion passive investing mandate, replacing Vanguard Australia. State Street Global Advisors (SSGA) has been appointed passive investment manager for the $90 billion fund. It comes after Vanguard announced ...

What super funds should know about Gen Z

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
New research from industry super fund NGS Super has revealed what Gen Z wants from a super fund and their attitudes to saving and investing. According to the research, 73% of Gen Z participants said the pandemic encouraged them to save more, 31% said ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
Only a handful of Aussies whose super fund failed the inaugural performance test have taken action and closed their accounts, according to APRA. Analysis by the prudential regulator shows that of the one million member accounts in products that failed ...

Licensee chair steps down

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
The founder and chair of a licensee will step down from executive duties at the end of the year. Fortnum Private Wealth announced that Ray Miles will retire but will continue serving as non-executive chair. He will provide counsel to the board and leadership ...