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Showing 521 - 530 of 18082 results for "superannuation"

Government's rush to implement Payday Super is 'reckless': Coalition

MATTHEW WAI  |  WEDNESDAY, 29 OCT 2025
... second time yesterday. Addressing the lower house, Treasurer Jim Chalmers said the Treasury Laws Amendment (Payday Superannuation) Bill 2025 will help stop "disreputable" employers from exploiting their employees, with over $5 billion in unpaid super ...

PacSuper extends mandate with Perpetual

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
Papua New Guinea superannuation fund PacSuper has extended its contract with Perpetual Investment Management and expanded its multi-asset mandate. Following a strategic asset allocation review, PacSuper's board said it endorsed the extension of ...

L1 Group replaces chief, seeks $330m

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
... programs, and disciplined capital allocation," Strapp said. Russell receives a base salary of $950,000 per annum plus superannuation. He is entitled to a long-term incentive of $2.6 million depending on performance. The group is seeking funds to bolster ...

APRA tackles 'weak demand' for longevity products in second consultation

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
APRA has launched a second round of consultations on the capital framework for longevity products in a bid to tackle the "weak demand" for such products including annuities. The prudential regulator has released several proposals in the next stage of ...

MLC sets sights on top super funds

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
MLC Super chief executive Dave Woodall said MLC hopes to have cracked the top three superannuation funds in terms of size as part of its 2030 strategy. Speaking at a client event this morning, Woodall said the transition back to the MLC brand was the ...

Actuaries Institute makes proposal to close advice gap

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
... Advice (FOFA) reforms," the paper said. "These reforms are critical for increasing access to affordable HGA, with superannuation funds playing a pivotal role alongside financial advisers, other financial institutions and digital solutions." Additionally ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... services. This is in addition to providing financial product advice, dealing in financial products, or marketing superannuation or managed investment scheme products. Justice Moshinsky said he was satisfied that the public interest requires the injunctions ...

Government taps IFM, Plenary for Southeast Asia boost

MATTHEW WAI  |  TUESDAY, 28 OCT 2025
... benefits to Southeast Asian economies while creating attractive opportunities for Australian institutional and superannuation capital that grows the retirement savings of Australian workers." Separately, IFM has also announced its intention to open a ...

UGC auditor 'comprehensively failed', registration stripped

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
... orders were not made". "This case strikes at the heart of two of ASIC's enforcement priorities for 2025 - exploiting superannuation savings and auditor misconduct. Auditors are critical gatekeepers, and when they fail in their duties, the consequences ...

Netwealth invokes Part 23 of SIS Act in First Guardian response

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
Netwealth has applied to the government for financial assistance under Part 23 of the Superannuation Industry (Supervision) Act 1993 in order to compensate members impacted by the First Guardian failure. This morning, the listed platform and superannuation ...