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Showing 5491 - 5500 of 18119 results for "superannuation"

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... aged pension. We pay another $10 billion in insurance premiums. A combined cost of $45 billion per year to our superannuation funds and the insurers they work with." A live poll conducted at the talk showed 76% of those who participated consider fees ...

APRA considers appeal in IOOF case

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... disappointed by the decision last week but added the case served to examine a range of legal questions related to superannuation law and regulation that had not previously been tested in court. "Litigation outcomes are inherently unpredictable, however ...

Industry fund appoints chief executive

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
A $69 billion industry superannuation fund has appointed a former State Street Global Advisors executive as its new chief executive. Sunsuper has hired Bernard Reilly in the role, making him the fourth chief executive in the fund's 32-year-long ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interests First super reforms passed through the Senate yesterday. The Senate passed ...

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
APRA will soon need to have some difficult conversations with poorly performing superannuation funds, according to chair Wayne Byres. Speaking at a Gilbert + Tobin event in Sydney this week, Byres said the ability of the prudential regulator to hold ...

Intrust Super revamps robo-advice

KRISTI CHENG  |  FRIDAY, 20 SEP 2019
... offering, increasing the solution's speed while decreasing the user input requirements. Called Super Blueprint, the superannuation fund has upgraded the offering to simplify the digital advice experience, delivering a personalised financial plan ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator. The Federal Court has held that IOOF's Investment Management ...

IFM Investors boss to retire

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... and now manages $148 billion in total assets for close to 400 clients, many of which are now outside of industry superannuation. IFM Investors chair Greg Combet said: "Under Brett's leadership IFM Investors has delivered extraordinary returns to ...

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... in assets under custody and prime contracts for many not-for-profit funds such as Future Fund, QIC, Commonwealth Superannuation Corporation (CSC), Government Employees Superannuation Board (GESB), New Zealand Superannuation Fund and in a recent addition ...

Big Super Day Out success, but more to be done

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
The First Nations Foundation's 2019 Big Super Day Out reconnected more than $9.5 million in superannuation with Indigenous Australians. Taking off in July, the Indigenous-led super roadshow hit Darwin, Kununurra and Broome before heading to East Arnhem ...