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Showing 4851 - 4860 of 18119 results for "superannuation"

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
The sale of Sargon's subsidiaries has yielded $29.6 million for its secured creditors including OneVue and Westpac, who will now have their claims decided in court. The sale, which was confirmed yesterday includes Diversa, CCSL, Tidswell and Australian ...

Industry fund swaps insurers

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
An industry fund is moving from MLC Life to OnePath as its life insurer effective July 1 and has notified members of changes to its offering. Energy Super has chosen OnePath after a rigorous tender process, the fund told members, while notifying them ...

Superannuation startup launches raise

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
A superannuation startup is pushing ahead with a retail raise to be followed by an institutional one next month. GigSuper is aiming to raise $100,000 to $400,000 from retail investors, in a crowdfunded equity campaign launched yesterday. The fund is ...

Adviser salaries in 2020 revealed

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAY 2020
... minimum of 10 years' total experience can expect annual remuneration of $120,000-$160,000. That is inclusive of superannuation, but does not take into account any possible bonuses. For a financial adviser with up to five years' experience, a salary in ...

FPA launches new ROA solution template

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
... parameters required," he said. "To date, more than a million Australians have applied for early access to their superannuation savings." Designer of Financial Mappers Glenis Phillips said she was pleased to partner with the FPA to offer a streamlined ...

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
While the fallout from the COVID-19 pandemic has demolished the return expectations of investors for the year, new analysis shows MySuper products have managed to turn things around. Latest Rainmaker research shows MySuper products offered by not-for-profit ...

New buyers for Sargon businesses confirmed

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
Sargon's Diversa, CCSL and Tidswell businesses will be owned by New York-based buyers, who are committing to retaining Aussie jobs and have hired a Westpac and BT veteran for the board. New Yorker Teddy Wasserman of CloverHill Capital and Australian-origin ...

HESTA announces three GM appointments

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... Reilly and will be responsible improving the fund's digital services for members and employers. "Katrina brings deep superannuation knowledge and an intrinsic understanding of the technology that drives personalised experiences that are so vital to how ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
A retail superannuation fund has postponed its MySuper transition to a $16.5 billion industry fund citing market uncertainty and volatility arising from COVID-19. Perpetual's MySuper product was to transition to CareSuper effective around May 1 ...

ERS shaves $4m off Raiz Super

ALLY SELBY  |  TUESDAY, 5 MAY 2020
The government's early release scheme shaved $4 million from Raiz Invest's superannuation offering, as members drew down on their savings to weather the COVID-19 crisis. Funds under management in Raiz Invest Super fell 6.7% over the past three months ...