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Showing 5021 - 5030 of 18119 results for "superannuation"

Superannuation fund delays custodian swap

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
A $35 billion public sector superannuation fund has deferred its transition to a new custodian, citing heightened short-term risk from COVID-19. Funds SA last July said it would end its 19-year-long custody relationship with J.P. Morgan and move to ...

HUB24 wins $1b mandate

ALLY SELBY  |  THURSDAY, 19 MAR 2020
... and members, and provide increased opportunity to deliver ClearView's products to market." ClearView's primary superannuation life insurance portfolio will also be transferred to the HUB24 Super Fund. The portfolio will continue to be administered by ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
The current volatility of global financial markets is taking its toll on some of Australia's largest superannuation funds. Latest Rainmaker analysis of superannuation returns and unit pricing shows Australia's large superannuation funds aren't ...

UniSuper suspends stock lending

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
UniSuper has instructed its custodian to recall all shares currently out on loan indefinitely. The $85 billion super fund has requested BNP Paribas Securities Services to suspend stock lending, effective immediately. UniSuper said restricting the ability ...

Industry funds a bright spot for advisers

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
More than 750 financial advisers have left the advice sector in the last three months, but industry superannuation funds are recruiting. In the three months to today, 757 financial advisers have dropped off the ASIC Financial Adviser Register. During ...

Stand still, get left behind

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... practice." This bandwagon mentality may be driven for a large part by everyday citizens calling for action from their superannuation funds, financial adviser Dave Rae pointed out. After Australia's horror summer of bushfires and flooding rains, Rae ...

Zenith boosts Mosaic offering

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... advisers they could still use the tool in the same way they always have. Separately, the firm recently entered superannuation through the acquisition of Chant West's super and consultancy business for $12 million in February. Zenith chief executive David ...

Sunsuper Labor donations rile Bragg

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
... before the committee, Senator Bragg asked Rowell whether the regulator took a view on political donations made by superannuation funds, to which the APRA leader said the regulator did not. Bragg then turned to Sunsuper's September 2019 donation to the ...

Major industry events cancelled amid pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 13 MAR 2020
The Conference of Major Superannuation Funds has been cancelled or postponed along with a number of the financial services sectors big events, including charity fundraiser FICAP. The Australian Institute of Superannuation Trustees has cancelled the ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
Suggestions in response to the coronavirus pandemic that pausing superannuation contributions would stimulate the economy have been panned. Association of Superannuation Funds of Australia chief executive Martin Fahy was blunt in his assessment of the ...