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Showing 4951 - 4960 of 18119 results for "superannuation"

Super fund temporarily cuts fees

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
A superannuation fund designed for women has halved the fees of new and existing members who find themselves jobless as a result of the COVID-19 pandemic. In an effort to protect the super savings of its members, FairVine Super has launched the FairGo ...

CBA appoints chief economist

ALLY SELBY  |  TUESDAY, 7 APR 2020
... chair of industry body the Australian Business Economists for nine years, as well as a director of the CBA Group Superannuation Board for three.

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
Treasurer Josh Frydenberg has confirmed superannuation funds that fail to appropriately handle early release during the COVID-19 crisis will face penalties. Asked by Financial Standard how the government would handle funds that might face liquidity ...

OneVue marks territory on Sargon sale proceeds

KANIKA SOOD  |  MONDAY, 6 APR 2020
OneVue is asserting its right to receive payments from the ongoing sale of Sargon's trustee businesses after a recent creditors' meeting. EY is currently running the sales process for the assets of eight Sargon subsidiaries which house its trustee ...

Industry fund appoints union leader

HARRISON WORLEY  |  MONDAY, 6 APR 2020
An industry superannuation fund has added the secretary of a public sector union to its board of directors. Community and Public Sector Union secretary Tom Lynch has been appointed to the board of $10 billion Tasmanian industry super fund Tasplan. The ...

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
Standing Committee on Economics chair Tim Wilson has written to superannuation funds seeking numbers on liquidity, unlisted assets and stimulus measures by April 29. In a letter sent to superannuation funds last Wednesday, Wilson has asked funds to ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... depend on how the commissions are currently charged on relevant products," the letter from AMP managing director of superannuation, retirement and platforms Lara Bourguignon said. A spokesperson for AMP said the majority of commissions are expected to ...

Chant West takes Zenith acquisition to court

KANIKA SOOD  |  MONDAY, 6 APR 2020
... after Zenith Investment Partners' subsidiary last week pulled out of a planned $12 million purchase of its superannuation business. CW Bidco Pty Limited (the Zenith and Five V Capital's company for the acquisition) last week sent Chant West a ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... ensure you can scope the advice quickly and efficiently for the client to deal with, for example, taking money from superannuation." Marshan sees shorter, more targeted fact finding processes and regulatory relief around the Statement of Advice as moves ...

Time to step up or face the music

ALLY SELBY  |  THURSDAY, 2 APR 2020
... for a habitable, more equitable planet." McMurdo said the pandemic has had a material impact on Australia's superannuation industry. "Like many industries, COVID-19 poses some immense challenges to Australia's super system - both long-term as ...