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Showing 5361 - 5370 of 18119 results for "superannuation"

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
An industry superannuation fund has swapped out Hannover Life as its provider for income protection cover, amid an overhaul of its insurance offering. NESS Super (New South Wales Electrical Superannuation Scheme) managed about $760 million in superannuation ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... fund, continues to battle a legal fight brought by one of its members that could have consequences for the entire superannuation industry. Rest will be in court again on November 15 for a case management hearing. In July last year, Mark McVeigh sparked ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
APRA is embarking on a multi-year project to improve the quality of its superannuation data collection that will pave the way for the proper comparison of super products, with choice super set to come under increased scrutiny. Known as APRA's Superannuation ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... keep their spending on track in a simple manner. "The majority of Australians are members of defined contribution superannuation schemes, and on retirement they apply the balance of their account to start an account-based pension," De Ravin said. "But ...

Macquarie executive joins industry fund

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
A $3 billion industry superannuation fund has added a new head of member experience from Macquarie Group. Club Plus Super has confirmed the appointment of Carolyn Tait to the lead member experience role, effective this week. The appointment follows ...

Global firm secures $500m mandate

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
A global fixed income manager has secured a $500 million mandate from a major industry superannuation fund with around two million members. Payden & Rygel was awarded the mandate from Rest, with its Payden Absolute Return Investment (PARI) strategy ...

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... broker. Despite their differing needs and circumstances, Khaw advised almost all of them to establish a self-managed superannuation fund or use an existing SMSF and to then use a limited recourse borrowing arrangement to purchase a property. In doing ...

Super fund adds industry veteran

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
An $8 billion government superannuation fund has welcomed the former country head of Franklin Templeton to its board of directors. Maria Wilton has joined the board of the Australia Post Superannuation Scheme, effective October. At the same time, Jim ...

Vanguard swoops on superannuation

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
Vanguard's Robin Bowerman says the investment giant's planned superannuation offering will have a place for financial advisers and won't be a strictly direct-to-investor product. "We are at the start of a journey of entering the superannuation ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...