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Showing 5221 - 5230 of 18119 results for "superannuation"

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... shake-up of AMP's wealth management business is starting to take shape, with the firm just months away from culling a superannuation trustee and five super funds. Responding to a question on notice from its November appearance before the House of Representatives ...

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
... help those affected by the ongoing bushfires, with the crisis also sparking debate over whether early access to superannuation savings should be made available. This week the Financial Services Council launched a tool to help bushfire affected Australians ...

ASIC bans former Charter, NAB adviser

KANIKA SOOD  |  WEDNESDAY, 8 JAN 2020
... his clients' circumstances and existing financial products while providing advice, ASIC said. In providing superannuation advice, O'Brien did not check costs, investment strategy or his clients' existing insurance through their superannuation ...

Super fund invests in disability housing

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
A Queensland-based super fund managing more than $12 billion in retirement savings is aiming to improve the lives of locals who need physical support housing. LGIAsuper has invested in The Mews Apartments, a residential development in Woolloongabba ...

UK pension fund expands offering, climate risk policy

JAMIE WILLIAMSON  |  TUESDAY, 7 JAN 2020
A $16 billion UK pension fund modelled on the Australian superannuation system has received authorisation from the Financial Conduct Authority to operate as an Occupational Pension Scheme. It is also intensifying efforts to tackle the risks posed by ...

Investment firm adds portfolio manager

JAMIE WILLIAMSON  |  TUESDAY, 7 JAN 2020
The head of portfolio integration at a $54 billion superannuation fund has joined a Melbourne-based multi-asset investment manager. Alex Cathcart joined Drummond Capital Partners in December, taking the role of portfolio manager. Drummond Capital Partners ...

Super fund rejigs investment option

JAMIE WILLIAMSON  |  TUESDAY, 7 JAN 2020
A $2.3 billion government superannuation fund is making some key changes to its high growth investment option. Effective February 2020, AvSuper will change the return objective of its high growth option. Currently the objective of the option is to achieve ...

$3.3 billion fall in retail managed funds

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... saw $5.7 billion in super and $12.9 billion in pensions moved out of retail funds management to a public sector superannuation fund, First State Super. Excluding the StatePlus transfer, the underlying overall annual and quarterly growth rates were 5.0% ...

Government edges towards regulator cooperation

HARRISON WORLEY  |  TUESDAY, 7 JAN 2020
... Commission's final report was scathing, recommending the adjustment of their roles when it comes to the oversight of superannuation, and the establishment of a new independent body to oversee the regulators. According to the government's Royal Commission ...

JANA dragged into Rest legal stoush

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... lower-carbon assets. "Rest also works with our investment managers, investment adviser and the Australian Council of Superannuation Investors to engage with the companies and entities we invest in, and to improve disclosure of climate change risks and ...