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Showing 5601 - 5610 of 18124 results for "superannuation"

Low inflation rate masks rising living costs woes

KRISTI CHENG  |  TUESDAY, 13 AUG 2019
... has been low, retirees are seeing a "steep" increase in the cost of basic items, according to the Association of Superannuation Funds of Australia. In ASFA's latest Retirement Standard, it found over the year to June quarter 2019 costs rose by 1.5% for ...

Industry funds name new chief

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... heading the joint company when it begins operating in October. It will be the first time in Australia that two superannuation funds have concurrently had the same chief executive, the two funds said. "Mr Cameron has experience of significant acquisitions ...

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
... capability review also said we should devote more resources to technology risks, we should devote more resources to superannuation supervision, we should devote more devote more resources to resolution and planning for crises: a range of areas where ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
Colonial First State (CFS) has handed redundancies to about seven distribution staff working on its corporate superannuation offering as inflows into FirstChoice Employer stall. The departures - all business development managers - come as FirstChoice ...

Zurich chief to depart, successor named

ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
... his time at Macquarie, Delaney oversaw the creation and growth of Macquarie Life and led Macquarie's platforms, superannuation and online broking businesses. He departed Macquarie as executive director, head of wealth product and platforms. Delaney will ...

Super trustees to formulate whistleblower policies

KARREN VERGARA  |  MONDAY, 12 AUG 2019
The corporate regulator is expecting superannuation trustees to have whistleblower policies in place 1 January 2020. ASIC is broadening the whistleblower regime introduced on 1 July 2019 in an effort to reform to the corporate sector. It is proposing ...

Renewed calls for risk-adjusted returns

KARREN VERGARA  |  MONDAY, 12 AUG 2019
The endemic use of headline returns to pit a superannuation fund's performance against another has renewed calls for a fairer, like-for-like comparison that focuses on risk as the key metric. The propensity for research houses, the media - and even ...

Rest to restructure investments, hire CIO

HARRISON WORLEY  |  FRIDAY, 9 AUG 2019
... to appoint a chief investment officer amid a restructure of its investment operations. The $57 billion industry superannuation fund is bringing its wholly-owned investment arm, Super Investment Management (SIM) into its internal investments team, and ...

Tasmanian super funds seek insurer

KANIKA SOOD  |  FRIDAY, 9 AUG 2019
... Tasmanian Treasury will soon start the search for an insurer to take over the mandates of two small public sector superannuation funds. The State Fire Commission Superannuation Scheme (SFCSS) and the Tasmanian Ambulance Service Superannuation Scheme ...

Westpac fined over reporting failure

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... timely data is critical for APRA to monitor effectively the safety and stability of the banking, insurance and superannuation sectors." He re-enforced that APRA's reporting standards are legally binding in the same way as its prudential standards. ...