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Showing 5001 - 5010 of 18119 results for "superannuation"

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
Some of the nation's largest superannuation funds have revalued their unlisted assets to give members an up-to-date understanding of how COVID-19 is hitting their retirement savings. AustralianSuper has cut the value of its unlisted assets to the tune ...

Australian Unity investment boss to lead Mercer

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... having the right balance between strategy and execution focus." Bryant - formerly Perpetual general manager of superannuation, and private clients - said he was excited to join Mercer at what he labelled a "dynamic" time for clients and colleagues. "I ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
Latest analysis of Australia's superannuation industry shows COVID-19 may prove the catalyst for small superannuation funds to finally pull the trigger and merge. Rice Warner believes the turmoil experienced across financial services will soon force ...

Early release to bite retirement hard

KANIKA SOOD  |  TUESDAY, 24 MAR 2020
Australians who take out $20,000 from their superannuation due to the COVID-19 economic slowdown will sacrifice nearly $79,000 from their retirement nest eggs, according to new Rainmaker modelling. Rainmaker modelled after-fee, after-tax superannuation ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... solution to soften the blow of COVID-19, one reliant on borrowing funds from the Reserve Bank of Australia rather than superannuation funds. It comes as the industry responds to Prime Minister Scott Morrison's proposal to allow Australians financially ...

New role for Mercer chief

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... chief executive on April 30. The global consultant has already appointed its head of industry and public sector superannuation, Jo-Anne Bloch, to take the reins in the interim. Bloch was profiled by FS Super in its final edition of 2019, where she spoke ...

Industry fund boss exits

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
The chief executive of a $6 billion industry superannuation fund is stepping down, with his successor named. Graeme Russell will walk away from the top job at Media Super on April 6, after more than seven years with the industry super fund. Russell ...

Former ANZ adviser banned

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... products when providing personal advice," the regulator said. ASIC said for one client, Hilsley recommended replacing superannuation and insurance products without taking the client's pre-existing medical condition into account. "As a result, a loading ...

Investment specialist joins sustainable fund manager

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... investment talent group. O'Dea spent over one year as a trustee director for the Towers Watson (Australian Staff) Superannuation Fund, which included both defined benefit and defined contribution sections. Prior to her tenure at Willis Towers Watson ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... expansive policy and supervision agenda in January, but right now it is more important that banks, insurers and superannuation trustees - as well as APRA - devote their energy and resources to responding to the impact of COVID-19," Byres said. "We will ...