Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5631 - 5640 of 18124 results for "superannuation"

More jobs more problems: FSC

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... Statistics (ABS) shows 2.1 million Australians held multiple jobs in 2016-17, meaning they are likely to hold multiple superannuation accounts. The Financial Services Council (FSC) said the data should be strong motivation to fix the default superannuation ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
The Assistant Minister for Superannuation, Financial Services and Financial Technology will address the Association of Financial Advisers' National Conference in Adelaide. AFA chief executive Philip Kewin said the AFA is delighted to welcome Senator ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
Corporate regulator ASIC is reinforcing the illegality of superannuation funds inducing employers and the serious consequences that come with breaching the new law. ASIC released Infosheet 241 on Wednesday, reminding trustees that influencing employers ...

Industry not impressed with APRA

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... by Orima Research, takes into account the positions of 280 regulated entities across the banking, insurance and superannuation industries, and 70 knowledgeable observers, including auditors, actuaries and industry associations. Despite the 2019 results ...

Advice software firm appoints sales lead

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
... and trusting adviser relationships," citing examples of successful product launches over many years with cash, superannuation, annuities, and more recently in the managed accounts space, for institutions including Macquarie Bank and Challenger. "He will ...

$50bn super fund links with software firm

HARRISON WORLEY  |  WEDNESDAY, 31 JUL 2019
A $50 billion industry superannuation fund partnered with a global investment data management software firm. Matrix has been selected by Cbus to provide the giant superannuation fund with investment management software designed to analyse the fund's ...

Financial services boom rolls on

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2019
... About half of the sector's employees work in finance (banking and funds management); 20% work in insurance and superannuation; and 30% are employed in auxiliary services such as trustee, investment management or advisory services and mortgage broking. ...

UBS AM hires insto sales director

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
... manager at BlackRock in both Australia and in the UK where his responsibilities included managing relationships with superannuation, government and sovereign funds. "We are delighted that Liam McDermott is joining the UBS Asset Management and further ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... commissions to financial advisers by 1 January 2021. Federal Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial technology Jane Hume revealed Coalition plans to introduce the legislation later this week ...

Industry super fund discounts investment fees

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
A $2.6 billion superannuation fund will lower its investment fees for some options as of August 1. Profit-for-member fund AvSuper is reducing fees for all investment choice members. AvSuper chief executive Michelle Wade said while the reductions vary ...