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Showing 5611 - 5620 of 18124 results for "superannuation"

Gender wealth gap down to 11%: Roy Morgan

KRISTI CHENG  |  THURSDAY, 8 AUG 2019
... the report looked more at the holistic view of each gender's average financial position, rather than income and superannuation inequality, where much public comment is focused on. "Net wealth has been used here as a more relevant single measure of economic ...

Super fund invests in disability housing

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
A $1.6 billion superannuation fund has pledged $40 million to a specialist disability housing provider via its impact investing subsidiary. The superannuation fund's investment management arm Brightlight has made a cornerstone investment in DPN ...

Super fund names new chair

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
A $23 billion superannuation fund has welcomed a new chair as the incumbent moves to a deputy chair position. VicSuper announced Wayne Kayler-Thomson stepped into the new role, switching roles with Christine Stewart, who has been chair since early 2017. ...

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... and higher return. The group said part of the plan will involve the reshaping of aligned advice and simplifying superannuation to fix legacy issues and reduce costs. It is hoped the initiatives will see an annual cost-saving of $300 million by FY22 ...

AustralianSuper eyes $1.48bn in Indian infrastructure

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
Australia's largest superannuation fund has signed an agreement with the Indian sovereign wealth fund to invest up to US $1 billion in infrastructure opportunities and is taking a shareholding in the fund manager. AustralianSuper made an initial ...

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... its branches and technology division, alleged to affect 10,000 employees. Wealth management, which is made up of superannuation, investment, retirement and insurance products and financial planning, turned in $413 million in NPAT, down 42% year on year. ...

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... report. In his new role as Xplore's chief executive, Wright will be paid a base salary of $500,000 including superannuation, up to $250,000 in cash as short-term bonus for FY20 and the invitation to participate in the company's executive share ...

Industry super fund adds director

HARRISON WORLEY  |  WEDNESDAY, 7 AUG 2019
A $2.6 billion industry superannuation fund appointed a former corporate super investment officer to its board. Following the departure of long-serving director Andrew Cooke, AvSuper has welcomed former Actuaries Institute president Geoff Burgess as ...

Spaceship co-founder to exit

KANIKA SOOD  |  TUESDAY, 6 AUG 2019
The startup superannuation fund has appointed a new chief executive, bidding farewell to its co-founder Paul Bennetts who will exit management. Spaceship chair Andrew Moore was announced as the new chief executive for the company to staff this morning. ...

Workplace deaths missing from ESG reports: ACSI

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
... their ESG reporting to improve transparency and identify systemic risks, according to the Australian Council of Superannuation Investors (ACSI). That was a key takeaway from the council's 12th annual assessment of ESG reporting by ASX200 companies, which ...