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Showing 5591 - 5600 of 18124 results for "superannuation"

ASIC bans adviser again

HARRISON WORLEY  |  FRIDAY, 16 AUG 2019
... on what his clients said, rather than thoroughly analyse their needs or consider the impact of premiums on their superannuation balance. ASIC previously banned Aujla for 18 months in 2009, which was reduced to eight months by the administrative appeals ...

Industry fund overhauls fee structure

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
A $5.6 billion superannuation fund has made a number of changes to its fee structures. EISS Super introduced a new fee structure on August 12, advising members that it regularly reviews fees and costs. On August 1 however, it did not charge investment ...

Association policy lead to join Treasury

ELIZABETH MCARTHUR  |  THURSDAY, 15 AUG 2019
... policy to the SMSF Association and broader sector. He led the SMSFA's work on the Financial System Inquiry, the 2016 superannuation reforms, the establishment of FASEA and its educational and ethical standards, the Royal Commission and the Productivity ...

New super fund tests waters

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
A new superannuation fund hoping to bridge the retirement savings gap will launch with the hope of disrupting the system that has disadvantaged women. Super Life is founded by chief executive Pascale Helyar-Moray, who formerly led Human Super. According ...

What is holding Aussie robo advisers back?

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... this, most are not yet set up to enable SMSF's to use their service," Dunnin said. "Only two of the six provide superannuation advice with the same number able to provide insurance advice."

BlackRock appoints Melbourne head

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... tailored solutions for BlackRock's local clients, the company said. BlackRock manages money on behalf of Australian superannuation funds, insurers, asset managers, banks, government and adviser-led retail clients. It has a big presence in outsourced ...

APRA hits Allianz over risk

HARRISON WORLEY  |  WEDNESDAY, 14 AUG 2019
... Following the inquiry, APRA hit CBA with an additional $1 billion capital requirement, and asked 36 banks, insurers and superannuation licensees to undertake self-assessments to determine whether the governance weaknesses found at CBA existed within ...

ATO warns of SMSF concentration risk

KRISTI CHENG  |  WEDNESDAY, 14 AUG 2019
... key aspect of the things SMSF trustees have to consider as part of their investment strategy, according to the Superannuation Industry (Supervision) Regulations 1994. In addition to diversity, SMSF trustees are required to "formulate, review regularly ...

Super fund GM resigns

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2019
The general manager of superannuation and retirement solutions at a $57 billion industry fund has resigned, with the hunt commencing for a replacement. Rest has confirmed the resignation of Edward Salloum who has signaled his intention to retire at ...

Fidante loses $3.9bn of super fund assets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
Challenger subsidiary Fidante has lost $3.9 billion in funds under management at the expense of superannuation funds increasingly internalising their investment strategies. In releasing its June financial year results this morning, Challenger flagged ...