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Showing 5231 - 5240 of 18119 results for "superannuation"

SMSF adviser hit with ban

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... Financial Management. ASIC found that Blazejczyk had recommended that his clients set up SMSFs despite them having low superannuation balances. This meant those clients were exposed to financial harm because the ongoing costs of operating the SMSFs where ...

The super choice of the super wealthy

ELIZA BAVIN  |  WEDNESDAY, 1 JAN 2020
An $83 billion super fund is the pick of the bunch for wealthy Australians, according to new research from Roy Morgan. The research focused on identifying Australia's top premium brands and concluded that UniSuper was the fund of choice for the ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
The past year has served as the beginning of the superannuation industry's transformation. Yes, recent years have seen nothing but reform after reform, but 2019 has been something different entirely. The Productivity Commission and Royal Commission ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... best interests obligations by Sinha under section 961K of the Act. Sinha advised clients to alter their existing superannuation and insurance arrangements for Westpac products or those of entities associated with Westpac in order to generate greater ...

TAL loses group insurance mandate

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
After 13 years, a $22 billion corporate superannuation fund is set to cut ties with TAL. From 1 July 2020, MLC Life will take over as group insurer for TelstraSuper. The fund said the decision to change insurers follows a comprehensive review of its ...

Pay jockeys super: Federal Court

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
The Full Federal Court has ruled that horse racing clubs and state racing boards are required to pay superannuation for jockeys. The court upheld the Australian Tax Office's super guarantee charge assessments in regards to riding fees paid to jockeys ...

Government fund adds to board

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
A $44 billion superannuation fund has added a public sector expert to its board. Stewart Little has joined the State Super board. He brings 18 years of experience in the public sector to the director position. "Stewart understands the needs of public ...

Industry fund awards mandates

KANIKA SOOD  |  TUESDAY, 17 DEC 2019
Two global managers have won mandates from a $9.5 billion superannuation fund totaling up to $150 million. Australian Catholic Superannuation and Retirement Fund has made an allocation to emerging market debt in hard currency. The managers winning the ...

More MySuper accounts close than open: APRA

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... MySuper accounts open, while just 1,879,737 closed. Asked what could account for the imbalance, Rainmaker head of superannuation research Jason Ross said while a number of factors were at play, it was hard to nail the exact cause. "It's difficult to ...

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
... annual Digital Insights report shows that between July 2018 and June 2019, the average cost of investments for superannuation members decreased from 0.6% per annum to 0.5% per annum. At the same time, the average cost of pension investments decreased ...