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Showing 511 - 520 of 3206 results for "Scheme"

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... clearing and settlement services subject to a Ministerial Declaration". Secondly, the bill gives the First Home Super Saver Scheme more flexibility. This includes allowing first-home buyers to vary a request for release and extends the request to release ...

Australian Retirement Trust hunts new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
... leadership of ART through its original merger and throughout subsequent mergers with the likes of Australia Post Superannuation Scheme, Alcoa Super, Woolworths and Endeavour Group, and Oracle Super, as well as ongoing mergers with AvSuper and Commonwealth ...

Willis Towers Watson buys funds from advice group

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
Willis Towers Watson acquired two managed investment schemes from Profile Financial Services, as the latter looks to focus its efforts on financial advice. The two multi-asset, multi-manager unitised schemes have been operated by Profile since their ...

State Super partners with analytics firm

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... in the safest, most efficient way possible," he said. State Super is the trustee of the State Authorities Superannuation Scheme, State Superannuation Scheme and Police Superannuation Scheme. It has more than 85,000 members. Based in Hong Kong Premialab ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... expanding in Hong Kong with a local team, Link said RSS "is now one of the biggest players in the Occupational Retirement Scheme Ordinance (ORSO) pensions administration market". The Fund Solutions arm continues to dampen Link's performance with ...

Evolution Trustees responds to likely wholesale definition change

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
In anticipation of regulatory change, Evolution Trustees has established a division to help investment houses transition their wholesale funds to retail. The move is in response to Treasury's review of managed investment schemes and consultation on ...

Treasury names new ASIC commissioners

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... the Ramsay Review, which recommended the establishment of the Australian Financial Complaints Authority and Compensation Scheme of Last Resort. Constant has been with CBA for nearly three years and previously was in a similar role at NAB. Prior to those ...

Super assets continue to climb: APRA

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
APRA has published its Quarterly Superannuation Performance and Quarterly MySuper Statistics report, revealing surging growth in the superannuation sector. Total superannuation assets increased by 7.6%, reaching $3.54 trillion in the year to June, compared ...

Australian Retirement Trust completes Woolworths, Endeavour merger

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... to Financial Standard that it was in the final stages of executing an SFT with Oracle Superannuation Plan, the corporate scheme of Oracle Corporation's Australian business. Woodall further elaborated on how ART positions itself to best serve its ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... items, including one-off expenses tied to the cost reset initiative and charges related the Commonwealth's Compensation Scheme of Last Resort (CSLR). According to ASIC, the CSLR will provide compensation of up to $150,000 to consumers who have an ...