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Showing 5501 - 5510 of 18119 results for "superannuation"

ASIC super specialist joins AIST

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
The Australian Institute of Superannuation Trustees has hired from ASIC to fill the role of head of advocacy as the incumbent joins a $53 billion industry fund. AIST has confirmed the appointment of Melissa Birks as its new head of advocacy, joining ...

Australia investor friendly, not consumer friendly: Report

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2019
... looking into the "reasonableness" of fees and is looking to impose a consistent approach to advice fees across the superannuation industry. In a public letter APRA and ASIC urged the importance of superannuation trustees undertaking appropriate oversight ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
Several of Australia's largest superannuation funds were targeted by an online fraud syndicate which siphoned millions from share-trading and super accounts. A Melbourne woman appeared in court yesterday after allegedly taking part in an online ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...

Lifecycle strategies now mainstream: Research

KANIKA SOOD  |  WEDNESDAY, 18 SEP 2019
Lifecycle strategies hold 40% of MySuper's total $756 billion of assets and are becoming mainstream for superannuation funds, according to new Rainmaker research. Lifecycle MySuper total assets grew 21% in the year to June end, to hit $299 billion. ...

Former Challenger exec joins EQT super board

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
A former Challenger executive joined Equity Trustees' superannuation board. Equity Trustees appointed Paul Rogan as an independent director of its superannuation board (ETSL) as the firm continues its moves to "raise the standard" in securing members' ...

AllianceBernstein wins industry fund mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 SEP 2019
An $11 billion industry fund will become the first super fund to invest in a low-carbon portfolio designed by AllianceBernstein. NGS Super has invested $170 million in AllianceBernstein's Managed Volatility Equities Fund Green strategy, known as ...

La Trobe Financial expands executive team

KRISTI CHENG  |  WEDNESDAY, 18 SEP 2019
... senior executive head of people, PR and marketing. Sestito has over 20 years' experience in financial services, superannuation and banking. Prior to joining La Trobe Financial, she worked at Westpac, most recently as the executive manager - head of strategic ...

Chief executive bonuses unscathed by public perception

ELIZA BAVIN  |  TUESDAY, 17 SEP 2019
... ASX100 chief executives receiving at least 70% of their maximum entitlement. A report from the Australian Council of Superannuation Investors revealed bonuses were at the second highest level in the 18-year history of its annual pay study. Qantas chief ...

New principal consultants at Frontier

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... the second-largest asset consultant in Australia, advising on over $320 billion of assets in the not-for-profit superannuation segment in traditional asset consulting at March end, according to Rainmaker Research. It has a 25.7% share of the total $1.2 ...