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Showing 5571 - 5580 of 18124 results for "superannuation"

M&G sets up shop down under

KRISTI CHENG  |  THURSDAY, 22 AUG 2019
... institutional investors and to partner with them on international opportunities. "We are seeing a growing demand from superannuation funds to diversify their portfolios through increasing allocations to international markets," he said. "Our existing ...

Industry fund awards $150m mandate

KARREN VERGARA  |  THURSDAY, 22 AUG 2019
A major industry superannuation fund has awarded a $150 million mandate to a London-based investment manager. Sunsuper selected Affirmative Investment Management (AIM) to manage its first green bond mandate, which aims to achieve financial returns ...

ASIC bans SMSF business director

HARRISON WORLEY  |  THURSDAY, 22 AUG 2019
ASIC banned the director of a firm allowing people to illegally access their superannuation early to buy a home. The corporate regulator slapped Max David Goldenberg with an eight year ban from providing financial services and engaging in credit activities ...

ASIC to review end of grandfathering

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 AUG 2019
... legislation to ban grandfathered commissions for financial advisers. Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology Jane Hume released a joint statement clarifying the government's plans ...

UniSuper scolds Aussie equity fundies

KANIKA SOOD  |  WEDNESDAY, 21 AUG 2019
The $80 billion superannuation fund had some strong words for its external Aussie equities managers, saying their general underperformance was a "real disappointment" for the year. UniSuper's balanced investment option returned 9.9% for the year, as ...

Complex retirement system requires simplicity: Report

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
A new report is putting forth key reforms needed to make superannuation fairer and more efficient ahead of the Federal Government's review of the retirement income system. The Actuaries Institute outlined a number of reforms needed to help fix the ...

Kogan Super launches

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
Kogan's low-cost, online-led superannuation fund backed by Mercer Australia has launched today. The two firms flagged their partnership to launch Kogan Super late last year, promising a "new no frills, ultra-low fee" offering that will disrupt the ...

Super fund renews admin contract

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 AUG 2019
A $57 billion industry superannuation fund has renewed its administration contract, continuing a long-held relationship with Link Group. Rest has renewed its arrangements with Link Group for a term of 3 years and 8 months and includes an option for ...

SMSF Association patron steps down

KRISTI CHENG  |  WEDNESDAY, 21 AUG 2019
... "What the board and the members have greatly appreciated is how he has encouraged us to have a broader vision about superannuation, and especially how this relates to the SMSF sector," she said. "While the ability to enjoy retirement is very much about ...

IOOF establishes super trustee office

HARRISON WORLEY  |  WEDNESDAY, 21 AUG 2019
... Specifically, IOOF pointed out it has now actioned four items relating to the implementation of the Office of the Superannuation Trustee, which it failed to set up before its March 31 deadline earlier this year. Not meeting the OST deadline drew the ...