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Showing 5261 - 5270 of 18119 results for "superannuation"

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
APRA has approved IOOF's application to purchase ANZ's superannuation business. The decision to allow the purchase of OnePath Custodians and Oasis Funds Management comes from APRA after it was granted the legislative power to approve or refuse an application ...

FASEA adds adviser representative to board

JAMIE WILLIAMSON  |  TUESDAY, 10 DEC 2019
... to FASEA, to help ensure that the key sectors of our economy are effectively regulated," Assistant Minister for Superannuation, Financial Services and Financial Technology Jane Hume said. Before establishing his own business, Hamilton held a number of ...

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... of performance. Of those products, 12 are offered by industry super funds. The remaining three are all corporate superannuation products offered by AMP, with Brookfield Australia MySuper, Macquarie Group MySuper and Woolworths Group MySuper all performing ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... of member outcomes. According to Rowell, the move intends to address Australia's "underperforming tail" of superannuation products. As such, the regulator has already begun to contact those trustees most poorly represented by the heat map, seeking ...

BT Super announces new admin fees

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
BT Super has announced a new admin fee schedule for BT Super and Asgard Employee Super members. The new fee schedule will be implemented as part of BT's simplification and migration program to BT Super. The migration program will see BT migrate ...

Sunsuper head of corporate, insto sales departs

KANIKA SOOD  |  MONDAY, 9 DEC 2019
The $70 billion superannuation fund's head of corporate and institutional sales has left to head retail sales at a major life insurer. MetLife has appointed Meray El-Khoury as its head of retail sales effective this month. El-Khoury reports to chief ...

Super funds snap up local renewable asset

HARRISON WORLEY  |  MONDAY, 9 DEC 2019
Two of Australia's largest industry superannuation funds have joined forces to purchase a South Australian wind farm capable of generating enough energy to power more than 140,000 homes each year. HESTA and First State Super have partnered with independent ...

Industry fund publicly shames investment adviser

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
A $3.3 billion industry superannuation fund revealed it has put an investment adviser on watch in relation to ESG concerns. First Super said Orbis Investment Advisory is on watch due to its approximately 23% holding in XPO Logistics. XPO Logistics is ...

Deloitte hires from OneVue

ELIZA BAVIN  |  MONDAY, 9 DEC 2019
Deloitte has named a new director of superannuation operational risk advisory, nabbing a C-suite level executive from OneVue. Melissa Gomes was previously the chief operating officer of OneVue's Super Services business where she oversaw the firm's acquisition ...

K2 head of distribution departs

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... month, AMP swapped out the K2 Australian Absolute Return Fund, which had managed $46.8 million for some of its superannuation options. K2 Asset Management signed a partnership with Principals Funds Management in February to distribute its funds. It reported ...