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Showing 4901 - 4910 of 18119 results for "superannuation"

Risk advisers under fire

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... life insurance, leading a prolific law firm to suggest risk advisers add little to no value. Maurice Blackburn superannuation and insurance principal Josh Mennen said the report did not find favourably for life insurance policies recommended by financial ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... doesn't change the fact that advisers know their careers are on the line when they advise about the early release of superannuation. "It's not worth the $300," Tynan said. "It's not just the Statement of Advice, it's everything. It's so hard.... And ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... told, almost $2 billion walked out the door during the first quarter, including around $430 million in corporate superannuation mandates. Additionally, $205 million was written off as impacts from the implementation of the government's Protecting Your ...

Funds receive first ERS applications

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
The ATO has confirmed the first batch of ERS applications have been sent to superannuation funds. The ATO said the implementation of the early release of super scheme for those financially effected by the COVID-19 crisis is progressing well. "We are ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... an event-driven manager that it partnered with in 2018, according to its March quarter update which also shows superannuation funds moving to cash. Fidante has ended its partnership with US-based firm Latigo Partners. Latigo Partners' investments include ...

Seek financial advice: Hume

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
... government now expecting close to two million Australians to apply for early access to super, assistant minister for superannuation, financial services and financial technology Jane Hume has urged those who are confused to seek financial advice. In an ...

APRA to track ERS payment times

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
APRA is set to name and shame the superannuation funds that straggle in releasing member's money to them as part of the early release scheme. APRA has launched new data collection to assess the progress and impact of the government's temporary early ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... reassurance from APRA that all the super funds have their houses in order as they have publicly stated," Bragg said. "Superannuation is so opaque. We need to know how issues will be handled if any arise." Bragg put the regulator on notice to answer how ...

Ethical fund manager wears $520m hit

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... ethical wealth manager closed the first quarter on March 31 with $3.59 billion in funds under management across its superannuation and managed fund offerings, after taking a combined hit of $520 million thanks to the economic impact of COVID-19 on investment ...

Adequacy argument headlines online CMSF

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
A debate over the adequacy of the superannuation guarantee has kicked off the Conference of Major Superannuation Funds, which is now being delivered online. Having been called off like many other events thanks to the COVID-19 pandemic, the Australian ...