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Showing 471 - 480 of 1986 results for "Queensland"

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
The new best financial interests duty (BFID) could see members pay higher administration fees as the record-keeping obligations ramp up, superannuation funds and industry experts warn. The reforms, which are part of the Your Future Your Super legislation ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... The two funds have signed a Heads of Agreement to merge by September this year, a decision that is supported by the Queensland government. The move will see the departure of QSuper chief executive Michael Pennisi. Current Sunsuper chief executive Bernard ...

AMP announces new managed portfolio partnership

ANNABELLE DICKSON  |  MONDAY, 15 MAR 2021
The wealth manager has partnered with Mercer and a Queensland-based advice firm to deliver five tailored portfolios for the firm's clients. The portfolios have been tailored to the investment needs of Coral Coast's client base and are delivered through ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... from Western Australia who was refunded $4369 for advice fees charged when advice was never received and Deanne from Queensland who got $8445 worth of advice fees refunded. The creation of such services has led some to question whether, when the institution ...

Women boost SMSF balances

ANNABELLE DICKSON  |  WEDNESDAY, 10 MAR 2021
... expenses for their funds. The majority of SMSFs are based in New South Wales (32.8%), followed by Victoria (30.9%), Queensland (17%), Western Australia (9.4%), South Australia (6.8%), Tasmania (1.2%), ACT (1.7%) and NT (0.2%).

Funds announce chief ahead of merger

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... in the sector." "Both boards are confident that Kate will lead our combined organisation to be a strong, boutique, Queensland-centric superannuation fund that will generate better outcomes for members." This means Energy Super chief executive Robyn Petrou ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... that super funds should not be able to take short positions or participate in securities lending to short sellers. Queensland Liberal National Party Senator Gerard Rennick delivered an impassioned speech during the Senate debate on the passing of the ...

ASIC takes NAB to court

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... charged customers fees for at least 12 years. The regulator yesterday filed initial documents with the Federal Court's Queensland registry, seeking orders that NAB pay a pecuniary penalty and ASIC's costs. The matter relates to "periodic payments" fees ...

Trilogy appoints head of property, lending

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
... Arentz ran Winston Group for close to three decades, advising on commercial, industrial and residential projects in Queensland. He has also previously worked with JLL Australia. Commenting, Arentz said: "With the property market strengthening, we are ...

JANA awarded mandate

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
The asset consultant has won a mandate to provide investment advisory services to a Queensland-based health insurer. TUH Health Fund selected JANA after a three-way tender process in January 2021 and follows growth in JANA's investment advisory offering ...