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Showing 5171 - 5180 of 18119 results for "superannuation"

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
Maurice Blackburn Lawyers today filed a class action on behalf of more than 330,000 National Australia Bank superannuation customers. The action relates to MasterKey Business Super and Personal Super account holders and accuses NAB of breaching its ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
AMP has responded to reports it is refunding fees charged to members into new AMP superannuation accounts opened without customers' knowledge or consent. Following a report by the ABC, AMP has confirmed it is depositing refunds owed to former customers ...

New super fund targets millennials

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... the fund is Hannover Re and the fund managers mandated so far are Nanuk Asset Management and Alphinity. Aracon Superannuation is the trustee. Rainmaker analysis of the Elevate product disclosure statement indicated product fees and total expense ratio ...

Aberdeen Standard, HUB24 partner

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
... projected to grow from four to seven million and most, if not all, of these will be drawing down money from their superannuation. However, most super funds say they are not ready for this transition to a post retirement world in which they will be required ...

Opt-out super to hit workers: ISA

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
New Industry Super Australia research claims to show plans to make superannuation optional for low-income workers is nothing more than a tax grab. According to ISA's latest analysis, low-income workers in New South Wales who chose to take their superannuation ...

Industry fund chair retires

JAMIE WILLIAMSON  |  MONDAY, 20 JAN 2020
A $5.3 billion industry superannuation fund has appointed a new chair as the incumbent bows out after almost two decades on the board. Following an extensive search, Prime Super has appointed Nigel Alexander as chair. He replaces Alan Bowman who held ...

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
The peak body for industry superannuation has forcefully rebuked new research from the Australian National University which questions raising the superannuation guarantee to 12% as scheduled. Industry Super Australia has launched a scathing attack on ...

MetLife appoints KPMG super director

ALLY SELBY  |  MONDAY, 20 JAN 2020
A director of superannuation advisory at KPMG is set to join MetLife in a newly created role. Wendy Tse will join MetLife in April as chief of staff and external affairs. She will advise MetLife's clients on regulatory and government affairs, as well ...

Industry fund looks within for co-chair

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
An employer-nominated director of a $3.3 billion industry superannuation fund has been elevated to co-chair. Mike Radda is the new co-chair of First Super, the fund for the timber, pulp and paper, and furniture and joinery industries,. Radda's promotion ...

Family office manager hires Discovery director

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
... Discovery Asset Management shut down around June last year as its co-founder Stuart Jordan decided to retire and a superannuation fund yanked back a mandate, the AFR reported. Discovery was not the only boutique to shut last year. At least eight boutiques ...